Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-26 View latest technical analysis

10 day averaged volume of Sonic Automotive is 183767

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	58.30	57.85	59.07	55.98	0.865 times
25 Thu Jul 2024	57.06	56.55	57.25	55.69	0.934 times
24 Wed Jul 2024	56.41	55.26	57.28	55.26	1.063 times
23 Tue Jul 2024	55.25	56.45	56.54	55.18	1.286 times
22 Mon Jul 2024	57.00	57.42	57.48	56.09	0.549 times
19 Fri Jul 2024	57.10	58.00	58.48	56.74	0.839 times
18 Thu Jul 2024	58.17	59.01	60.36	57.77	0.948 times
17 Wed Jul 2024	59.27	57.62	59.81	56.88	0.904 times
16 Tue Jul 2024	58.30	57.35	58.68	57.35	1.307 times
15 Mon Jul 2024	56.48	56.58	58.31	55.93	0.898 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 57.7, but if it comes below 57.7, then a intra day sell could be more profitable.
If you take a sell trade below 57.7, then use 57.7 as stoploss and 55.42 as target. However if you take a buy trade in stock , then use 57.7 as stoploss and 60.5 as target.

Share price targets for Sonic Automotive (SAH)

Target Type	Value
Downside Target	47.82
Downside Target	50.82
Downside Target	53.08
Downside Target	54.58
Downside Target	57.09
Downside Target	57.44
Upside Target	59.07
Upside Target	60.08
Upside Target	60.36
Upside Target	60.59
Upside Target	64.68

Intraday share price targets for Sonic Automotive (SAH)

Target Type	Value
Downside Intraday Target	55.96
Downside Intraday Target	53.63
Upside Intraday Target	59.85
Upside Intraday Target	61.41
Downside Intraday Target	57.52

Weekly technical analysis of Sonic Automotive (SAH)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	58.30	57.42	59.07	55.18	0.959 times
19 Fri Jul 2024	57.10	56.58	60.36	55.93	0.983 times
12 Fri Jul 2024	56.69	52.49	57.09	51.27	6.301 times
05 Fri Jul 2024	52.22	54.05	54.72	52.02	0.565 times
03 Wed Jul 2024	53.73	54.48	54.89	53.35	0.278 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
26 Fri Jul 2024	58.30	54.48	60.36	51.27	0.866 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 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 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 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 short to mid 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 mid to longer 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.

ADX buy sell signal for Sonic Automotive stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sonic Automotive in short term and the buy signal is strong.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sonic Automotive in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Sonic Automotive is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 57.29 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 rising upwards.

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 is giving positive 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.