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(SONO) Sonos Inc complete technical analysis [charts+indicators] | Buy/Sell Sonos Inc | (SONO) share price targets

Complete technical analysis of Sonos Inc (SONO) by charts plus indicators, forecast predictions and share price targets for Sonos Inc (SONO)

Sonos Inc trades in USA in Consumer Non Durables sector.

10 day averaged volume of Sonos Inc is 2008616

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 16.99 17.03 17.16 16.89 0.571 times
16 Thu May 2024 17.04 17.15 17.21 16.92 0.751 times
15 Wed May 2024 17.24 17.57 17.63 17.15 0.811 times
14 Tue May 2024 17.32 17.53 17.65 17.27 0.802 times
13 Mon May 2024 17.22 16.75 17.32 16.72 1.059 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 16.9 as stoploss in an intra day buy trade for a target of 17.17. However, stock will show a bearish move below 16.9.

Share price targets for Sonos Inc (SONO)

Target Type Value
Downside Target 15.00
Downside Target 15.49
Downside Target 16.52
Upside Target 17.40
Upside Target 17.63
Upside Target 17.65
Upside Target 17.84
Upside Target 18.02
Upside Target 19.33
Upside Target 19.62
Upside Target 19.76

Intraday share price targets for Sonos Inc (SONO)

Target Type Value
Downside Intraday Target 16.59
Downside Intraday Target 16.19
Upside Intraday Target 17.52
Upside Intraday Target 18.05
Upside Intraday Target 17.12

Weekly technical analysis of Sonos Inc (SONO)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 16.99 16.75 17.65 16.72 0.665 times
10 Fri May 2024 16.63 17.23 18.02 15.70 2.059 times
03 Fri May 2024 17.05 17.12 17.40 16.52 0.956 times
26 Fri Apr 2024 16.97 17.01 17.84 16.85 1.074 times
19 Fri Apr 2024 16.91 17.61 17.63 16.66 0.886 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 Sonos Inc (SONO)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 16.99 16.82 18.02 15.70 0.866 times
30 Tue Apr 2024 16.90 19.05 19.33 16.66 0.654 times
28 Thu Mar 2024 19.06 19.02 19.76 17.63 0.73 times
29 Thu Feb 2024 18.96 15.69 19.62 15.49 1.642 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 Sonos Inc (SONO)

Indicator Name Indicator Value Indicator Signal
ADX 21, 33, 23 Sell
MACD -0, -0Buy
Stochastics 60None
CCI -36Sell
RSI 52Buy
OBV -2247256Sell
VWAP 17Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Sonos Inc ( (SONO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sonos Inc ( (SONO) ) 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 Sonos Inc ( (SONO) ) 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 Sonos Inc ( (SONO) ) 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 Sonos Inc stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Sonos Inc in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sonos Inc 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 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 Sonos Inc in short term and SELL 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 Sonos Inc is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 17.21 and Sonos Inc (SONO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Sonos Inc (SONO) stock. Volume based technical analysis of Sonos Inc (SONO) stock is negative.

Sonos Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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