(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 2024-11-06 View latest technical analysis
10 day averaged volume of Sonic Automotive is 207460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 64.66 | 59.79 | 65.64 | 59.79 | 1.932 times |
| 05 Tue Nov 2024 | 58.44 | 57.28 | 58.47 | 57.00 | 0.6 times |
| 04 Mon Nov 2024 | 57.28 | 56.77 | 58.83 | 56.77 | 0.782 times |
| 01 Fri Nov 2024 | 57.11 | 57.51 | 58.30 | 56.75 | 0.72 times |
| 31 Thu Oct 2024 | 56.73 | 58.75 | 59.06 | 56.65 | 0.944 times |
| 30 Wed Oct 2024 | 58.97 | 58.54 | 60.21 | 58.54 | 0.756 times |
| 29 Tue Oct 2024 | 58.84 | 58.82 | 59.49 | 58.00 | 0.7 times |
| 28 Mon Oct 2024 | 59.66 | 57.26 | 59.84 | 57.13 | 1.313 times |
| 25 Fri Oct 2024 | 56.87 | 57.45 | 58.02 | 56.61 | 1.093 times |
| 24 Thu Oct 2024 | 57.44 | 57.34 | 60.55 | 56.60 | 1.879 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 62.2, for a target of 59.3 or 56.94
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 51.27 |
| Downside Target | 52.56 |
| Downside Target | 53.89 |
| Downside Target | 56.65 |
| Downside Target | 60.21 |
| Downside Target | 60.55 |
| Downside Target | 61.46 |
| Downside Target | 61.53 |
| Downside Target | 63.78 |
| Upside Target | 65.64 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 59.07 |
| Downside Intraday Target | 53.49 |
| Upside Intraday Target | 67.94 |
| Upside Intraday Target | 71.23 |
| Downside Intraday Target | 62.36 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 64.66 | 56.77 | 65.64 | 56.77 | 0.748 times |
| 01 Fri Nov 2024 | 57.11 | 57.26 | 60.21 | 56.65 | 0.795 times |
| 25 Fri Oct 2024 | 56.87 | 56.78 | 60.55 | 54.06 | 1.928 times |
| 18 Fri Oct 2024 | 56.67 | 54.33 | 57.36 | 54.02 | 0.844 times |
| 11 Fri Oct 2024 | 54.62 | 56.99 | 56.99 | 52.59 | 1.083 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 |
| 06 Wed Nov 2024 | 64.66 | 57.51 | 65.64 | 56.75 | 0.225 times |
| 31 Thu Oct 2024 | 56.73 | 58.18 | 60.55 | 52.59 | 1.036 times |
| 30 Mon Sep 2024 | 58.48 | 61.53 | 61.53 | 52.56 | 0.806 times |
| 30 Fri Aug 2024 | 62.34 | 59.97 | 63.78 | 53.89 | 1.24 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 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 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. Bulls are getting stronger in this stock.
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 59.11 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 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 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 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. Bulls are getting stronger in this stock.
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 59.11 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.