(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.
10 day averaged volume of Sonic Automotive is 186493
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 58.99 | 59.68 | 59.68 | 58.40 | 0.58 times |
| 16 Thu May 2024 | 59.67 | 59.81 | 59.95 | 58.67 | 0.603 times |
| 15 Wed May 2024 | 59.59 | 59.68 | 59.92 | 58.13 | 0.913 times |
| 14 Tue May 2024 | 59.24 | 58.81 | 60.05 | 58.43 | 1.622 times |
| 13 Mon May 2024 | 58.17 | 58.36 | 60.59 | 58.14 | 1.354 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 60.4 as stoploss in an intra day sell trade for a target of 57.23. However, stock will show a bullish move above 60.4.
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 47.82 |
| Downside Target | 55.90 |
| Downside Target | 57.44 |
| Downside Target | 58.13 |
| Upside Target | 59.00 |
| Upside Target | 60.24 |
| Upside Target | 60.59 |
| Upside Target | 63.02 |
| Upside Target | 64.68 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 57.88 |
| Downside Intraday Target | 56.78 |
| Upside Intraday Target | 60.34 |
| Upside Intraday Target | 61.7 |
| Upside Intraday Target | 59.24 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 03 Fri May 2024 | 56.43 | 62.63 | 63.02 | 56.35 | 0.643 times |
| 26 Fri Apr 2024 | 62.30 | 48.95 | 64.68 | 48.61 | 2.027 times |
| 19 Fri Apr 2024 | 48.62 | 50.37 | 50.62 | 47.82 | 0.846 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 |
| 17 Fri May 2024 | 58.99 | 57.71 | 60.59 | 55.90 | 0.426 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 |
| 29 Thu Feb 2024 | 52.50 | 50.89 | 60.24 | 49.80 | 1.643 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 26, 19, 14 | Buy |
| MACD | 3, 3 | Buy |
| Stochastics | 75 | Buy |
| CCI | 52 | Sell |
| RSI | 58 | Buy |
| OBV | 1982264 | Sell |
| VWAP | 59 | Buy |
| ADL | 0 | Sell |
| ROC | 5 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Sonic Automotive ( (SAH) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 BUY signal for Sonic Automotive in short term and the buy signal is strong.
Sonic Automotive Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 58.56 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.
Stock Exchange charts NSE Stock Exchange BSE Stock Exchange USA Stock Exchange Stock Charts NSE FNO Stock Analysis
MNC.News NASDAQ NSE BSE Money SIP
Munafa NEWSTerms of Use Create Support ticket Your support tickets Powered by ePowerPress Stock Market News! Top Seo SMO © mnc.news2024 All Rights reserved.