(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 2024-07-03 View latest technical analysis
10 day averaged volume of Sonic Automotive is 174390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 53.73 | 54.05 | 54.72 | 53.60 | 0.313 times |
| 03 Wed Jul 2024 | 53.73 | 54.05 | 54.72 | 53.60 | 0.313 times |
| 02 Tue Jul 2024 | 53.78 | 53.75 | 54.13 | 53.35 | 0.488 times |
| 01 Mon Jul 2024 | 53.77 | 54.48 | 54.89 | 53.35 | 0.671 times |
| 28 Fri Jun 2024 | 54.47 | 54.69 | 55.24 | 53.91 | 1.967 times |
| 27 Thu Jun 2024 | 54.19 | 53.65 | 54.25 | 53.08 | 0.696 times |
| 26 Wed Jun 2024 | 53.68 | 53.58 | 54.12 | 53.15 | 0.777 times |
| 25 Tue Jun 2024 | 53.96 | 55.22 | 55.22 | 53.75 | 0.915 times |
| 24 Mon Jun 2024 | 55.42 | 54.42 | 56.22 | 54.34 | 0.934 times |
| 21 Fri Jun 2024 | 54.74 | 55.36 | 55.60 | 54.48 | 2.439 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 54, but if it comes above 54, then a intra day buy could be more profitable.
If you take a sell trade below 54, then use 54 as stoploss and 52.2 as target. However if you take a buy trade in stock , then use 54 as stoploss and 55.52 as target.
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 47.82 |
| Downside Target | 50.82 |
| Downside Target | 53.08 |
| Upside Target | 55.41 |
| Upside Target | 56.22 |
| Upside Target | 57.44 |
| Upside Target | 57.84 |
| Upside Target | 60.08 |
| Upside Target | 60.59 |
| Upside Target | 64.68 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 53.31 |
| Downside Intraday Target | 52.9 |
| Upside Intraday Target | 54.43 |
| Upside Intraday Target | 55.14 |
| Upside Intraday Target | 54.02 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 53.73 | 54.05 | 54.72 | 53.60 | 0.213 times |
| 03 Wed Jul 2024 | 53.73 | 54.48 | 54.89 | 53.35 | 0.278 times |
| 28 Fri Jun 2024 | 54.47 | 54.42 | 56.22 | 53.08 | 1.347 times |
| 21 Fri Jun 2024 | 54.74 | 57.38 | 57.84 | 54.48 | 2.725 times |
| 18 Tue Jun 2024 | 57.02 | 55.84 | 57.84 | 55.41 | 0.279 times |
Price has moved down 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 |
| 03 Wed Jul 2024 | 53.73 | 54.48 | 54.89 | 53.35 | 0.088 times |
| 28 Fri Jun 2024 | 54.47 | 57.21 | 60.08 | 53.08 | 0.943 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 |
Scroll below to view daily charts
Price has moved down 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sonic Automotive in short term and the sell signal is strong.
Sonic Automotive Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sonic Automotive in short term
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 54.36 and Sonic Automotive (SAH) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sonic Automotive in short term and the sell signal is strong.
Sonic Automotive Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sonic Automotive in short term
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 54.36 and Sonic Automotive (SAH) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.