(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 2024-08-01 View latest technical analysis
10 day averaged volume of Sonic Automotive is 171020
Date | Daily Closing Price | Open | High | Low | Volume |
01 Thu Aug 2024 | 58.34 | 59.97 | 60.40 | 56.93 | 1.265 times |
31 Wed Jul 2024 | 59.54 | 57.51 | 61.46 | 56.97 | 1.189 times |
30 Tue Jul 2024 | 57.48 | 56.95 | 57.84 | 56.15 | 0.779 times |
29 Mon Jul 2024 | 56.74 | 58.22 | 59.04 | 56.44 | 1.065 times |
26 Fri Jul 2024 | 58.30 | 57.85 | 59.07 | 55.98 | 0.929 times |
25 Thu Jul 2024 | 57.06 | 56.55 | 57.25 | 55.69 | 1.003 times |
24 Wed Jul 2024 | 56.41 | 55.26 | 57.28 | 55.26 | 1.142 times |
23 Tue Jul 2024 | 55.25 | 56.45 | 56.54 | 55.18 | 1.382 times |
22 Mon Jul 2024 | 57.00 | 57.42 | 57.48 | 56.09 | 0.589 times |
19 Fri Jul 2024 | 57.10 | 58.00 | 58.48 | 56.74 | 0.901 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 58.7 as stoploss in an intra day sell trade for a target of 56.28. However, stock will show a bullish move above 58.7.
Share price targets for Sonic Automotive (SAH)
Target Type | Value |
Downside Target | 47.82 |
Downside Target | 51.27 |
Downside Target | 53.08 |
Downside Target | 54.58 |
Upside Target | 59.07 |
Upside Target | 60.08 |
Upside Target | 60.36 |
Upside Target | 60.40 |
Upside Target | 60.59 |
Upside Target | 61.46 |
Upside Target | 64.68 |
Intraday share price targets for Sonic Automotive (SAH)
Target Type | Value |
Downside Intraday Target | 55.84 |
Downside Intraday Target | 53.34 |
Upside Intraday Target | 61.15 |
Upside Intraday Target | 63.96 |
Upside Intraday Target | 58.65 |
Weekly technical analysis of Sonic Automotive (SAH)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Thu Aug 2024 | 58.34 | 58.22 | 61.46 | 56.15 | 0.852 times |
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 |
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 |
01 Thu Aug 2024 | 58.34 | 59.97 | 60.40 | 56.93 | 0.06 times |
31 Wed Jul 2024 | 59.54 | 54.48 | 61.46 | 51.27 | 1.012 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 |
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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sonic Automotive stock for short term is BUY. Signal strength is Strong and stock is losing 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. 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 positive zone. This is a BUY 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 57.3 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.
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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sonic Automotive stock for short term is BUY. Signal strength is Strong and stock is losing 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. 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 positive zone. This is a BUY 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 57.3 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.