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(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 159320

Date Daily Closing Price Open High Low Volume
22 Fri Nov 2024 66.57 64.51 66.73 64.41 1.061 times
21 Thu Nov 2024 63.20 61.77 63.82 61.77 0.994 times
20 Wed Nov 2024 61.68 62.13 62.15 61.03 0.645 times
19 Tue Nov 2024 62.57 62.53 63.57 62.08 0.603 times
18 Mon Nov 2024 63.43 64.13 65.27 63.42 0.889 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 65.4, but if it comes below 65.4, then a intra day sell could be more profitable.
If you take a sell trade below 65.4, then use 65.4 as stoploss and 62.2 as target. However if you take a buy trade in stock , then use 65.4 as stoploss and 69.3 as target.

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 61.53
Downside Target 63.20
Downside Target 63.78
Downside Target 66.25
Upside Target 66.73
Upside Target 67.15

Intraday share price targets for Sonic Automotive (SAH)

Target Type Value
Downside Intraday Target 62.82
Downside Intraday Target 59.08
Upside Intraday Target 68.52
Upside Intraday Target 70.48
Downside Intraday Target 64.78

Weekly technical analysis of Sonic Automotive (SAH)

Date Weekly Closing Price Open High Low Volume
22 Fri Nov 2024 66.57 64.13 66.73 61.03 0.722 times
15 Fri Nov 2024 63.95 65.14 67.15 63.20 0.791 times
08 Fri Nov 2024 64.60 56.77 66.25 56.77 1.273 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

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
22 Fri Nov 2024 66.57 57.51 67.15 56.75 0.782 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 0.834 times
30 Fri Aug 2024 62.34 59.97 63.78 53.89 1.28 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 40, 20, 33 Buy
MACD 3, 3Buy
Stochastics 46None
CCI 79Buy
RSI 65Buy
OBV 457800Sell
VWAP 65Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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 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 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 red color and prices are in or above the red 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

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 64.67 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.

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