(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 2024-02-06 View latest technical analysis
10 day averaged volume of Sonic Automotive is 164460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Feb 2024 | 52.31 | 50.29 | 52.34 | 50.15 | 0.952 times |
| 05 Mon Feb 2024 | 50.66 | 50.18 | 51.40 | 49.80 | 0.715 times |
| 02 Fri Feb 2024 | 51.23 | 50.63 | 51.97 | 50.06 | 0.767 times |
| 01 Thu Feb 2024 | 51.68 | 50.89 | 51.89 | 50.41 | 0.956 times |
| 31 Wed Jan 2024 | 50.56 | 51.76 | 52.70 | 50.20 | 1.295 times |
| 30 Tue Jan 2024 | 52.86 | 52.76 | 53.35 | 52.38 | 0.594 times |
| 29 Mon Jan 2024 | 53.16 | 51.56 | 53.28 | 51.31 | 0.986 times |
| 26 Fri Jan 2024 | 51.72 | 52.74 | 52.89 | 51.63 | 0.598 times |
| 25 Thu Jan 2024 | 52.14 | 51.33 | 52.49 | 50.93 | 1.457 times |
| 24 Wed Jan 2024 | 50.43 | 52.99 | 54.35 | 48.91 | 1.945 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 52.7 as stoploss in an intra day sell trade for a target of 51.66. However, stock will show a bullish move above 52.7.
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 41.19 |
| Downside Target | 47.09 |
| Downside Target | 48.37 |
| Downside Target | 51.15 |
| Downside Target | 52.19 |
| Upside Target | 52.34 |
| Upside Target | 53.34 |
| Upside Target | 53.35 |
| Upside Target | 54.35 |
| Upside Target | 56.25 |
| Upside Target | 57.30 |
| Upside Target | 58.69 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 50.63 |
| Downside Intraday Target | 48.94 |
| Upside Intraday Target | 53.17 |
| Upside Intraday Target | 54.02 |
| Downside Intraday Target | 51.48 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Feb 2024 | 52.31 | 50.18 | 52.34 | 49.80 | 0.363 times |
| 02 Fri Feb 2024 | 51.23 | 51.56 | 53.35 | 50.06 | 0.84 times |
| 26 Fri Jan 2024 | 51.72 | 51.11 | 54.35 | 48.91 | 1.533 times |
| 19 Fri Jan 2024 | 50.82 | 50.23 | 52.19 | 49.49 | 3.392 times |
| 12 Fri Jan 2024 | 50.66 | 53.32 | 53.34 | 49.97 | 0.243 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 Tue Feb 2024 | 52.31 | 50.89 | 52.34 | 49.80 | 0.154 times |
| 31 Wed Jan 2024 | 50.56 | 55.62 | 57.30 | 48.91 | 0.748 times |
| 29 Fri Dec 2023 | 56.21 | 51.20 | 58.69 | 48.37 | 0.987 times |
| 30 Thu Nov 2023 | 51.27 | 48.14 | 56.25 | 47.09 | 0.689 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sonic Automotive 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.
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 but BUY 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
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 51.53 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 negative.
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sonic Automotive 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.
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 but BUY 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
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 51.53 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.