(SAH) Sonic Automotive complete technical analysis [charts+indicators] | Buy/Sell Sonic Automotive | (SAH) share price targets
Complete technical analysis of Sonic Automotive (SAH) by charts plus indicators, forecast predictions and share price targets for Sonic Automotive (SAH)
Sonic Automotive trades in USA in Consumer Durables sector.
Showing technical analysis as on 2024-06-04 View latest technical analysis
10 day averaged volume of Sonic Automotive is 142496
Date | Daily Closing Price | Open | High | Low | Volume |
04 Tue Jun 2024 | 57.30 | 57.62 | 58.02 | 56.49 | 1.081 times |
03 Mon Jun 2024 | 58.12 | 57.21 | 58.60 | 56.82 | 1.079 times |
31 Fri May 2024 | 56.67 | 56.29 | 57.17 | 56.03 | 1.02 times |
30 Thu May 2024 | 55.87 | 55.53 | 56.28 | 55.39 | 1.097 times |
29 Wed May 2024 | 55.03 | 55.43 | 55.76 | 54.58 | 1.146 times |
28 Tue May 2024 | 56.31 | 56.93 | 57.28 | 56.08 | 0.945 times |
24 Fri May 2024 | 56.60 | 56.34 | 56.78 | 55.84 | 0.719 times |
23 Thu May 2024 | 55.92 | 56.90 | 56.90 | 55.25 | 1.392 times |
22 Wed May 2024 | 56.65 | 57.06 | 57.39 | 56.53 | 1.061 times |
21 Tue May 2024 | 57.34 | 57.99 | 58.00 | 57.24 | 0.67 times |
My analysis of stock is bearish for shortterm, and stock might move down till 56.3 or till 54.8. Use a stoploss of 57.55 and if the stock hits stoploss, then it can shoot up till 58.81
Share price targets for Sonic Automotive (SAH)
Target Type | Value |
Downside Target | 47.82 |
Downside Target | 49.80 |
Downside Target | 50.82 |
Downside Target | 54.58 |
Upside Target | 58.60 |
Upside Target | 58.89 |
Upside Target | 59.00 |
Upside Target | 60.24 |
Upside Target | 60.59 |
Upside Target | 64.68 |
Intraday share price targets for Sonic Automotive (SAH)
Target Type | Value |
Downside Intraday Target | 56.33 |
Downside Intraday Target | 55.35 |
Upside Intraday Target | 58.44 |
Upside Intraday Target | 59.57 |
Upside Intraday Target | 57.46 |
Weekly technical analysis of Sonic Automotive (SAH)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Tue Jun 2024 | 57.30 | 57.21 | 58.60 | 56.49 | 0.513 times |
31 Fri May 2024 | 56.67 | 56.93 | 57.28 | 54.58 | 0.892 times |
24 Fri May 2024 | 56.60 | 58.89 | 58.89 | 55.25 | 0.71 times |
17 Fri May 2024 | 58.99 | 58.36 | 60.59 | 58.13 | 1.029 times |
10 Fri May 2024 | 58.06 | 56.75 | 59.00 | 55.90 | 0.676 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Sonic Automotive (SAH)
Date | Monthly Closing Price | Open | High | Low | Volume |
04 Tue Jun 2024 | 57.30 | 57.21 | 58.60 | 56.49 | 0.082 times |
31 Fri May 2024 | 56.67 | 57.71 | 60.59 | 54.58 | 0.642 times |
30 Tue Apr 2024 | 57.84 | 56.98 | 64.68 | 47.82 | 1.446 times |
28 Thu Mar 2024 | 56.94 | 52.29 | 57.44 | 50.82 | 0.718 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Sonic Automotive (SAH)
Price action analysis of Sonic Automotive ( (SAH) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sonic Automotive ( (SAH) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Sonic Automotive stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sonic Automotive in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sonic Automotive Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sonic Automotive in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Sonic Automotive is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 56.52 and Sonic Automotive (SAH) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Sonic Automotive (SAH) stock. Volume based technical analysis of Sonic Automotive (SAH) stock is negative.
Sonic Automotive Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sonic Automotive ( (SAH) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Sonic Automotive stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sonic Automotive in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sonic Automotive Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sonic Automotive in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Sonic Automotive is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 56.52 and Sonic Automotive (SAH) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Sonic Automotive (SAH) stock. Volume based technical analysis of Sonic Automotive (SAH) stock is negative.
Sonic Automotive Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.