(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 2024-05-30 View latest technical analysis
10 day averaged volume of Sonic Automotive is 136059
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 55.87 | 55.53 | 56.28 | 55.39 | 1.149 times |
| 29 Wed May 2024 | 55.03 | 55.43 | 55.76 | 54.58 | 1.2 times |
| 28 Tue May 2024 | 56.31 | 56.93 | 57.28 | 56.08 | 0.989 times |
| 24 Fri May 2024 | 56.60 | 56.34 | 56.78 | 55.84 | 0.753 times |
| 23 Thu May 2024 | 55.92 | 56.90 | 56.90 | 55.25 | 1.457 times |
| 22 Wed May 2024 | 56.65 | 57.06 | 57.39 | 56.53 | 1.111 times |
| 21 Tue May 2024 | 57.34 | 57.99 | 58.00 | 57.24 | 0.702 times |
| 20 Mon May 2024 | 57.55 | 58.89 | 58.89 | 57.55 | 0.914 times |
| 17 Fri May 2024 | 58.99 | 59.68 | 59.68 | 58.40 | 0.795 times |
| 16 Thu May 2024 | 59.67 | 59.81 | 59.95 | 58.67 | 0.827 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.2, but if it comes above 56.2, then a intra day buy could be more profitable.
If you take a sell trade below 56.2, then use 56.2 as stoploss and 54.7 as target. However if you take a buy trade in stock , then use 56.2 as stoploss and 57.5 as target.
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 47.82 |
| Downside Target | 48.91 |
| Downside Target | 50.82 |
| Downside Target | 54.58 |
| Upside Target | 58.13 |
| Upside Target | 58.89 |
| 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 | 54.54 |
| Downside Intraday Target | 53.21 |
| Upside Intraday Target | 57.24 |
| Upside Intraday Target | 58.61 |
| Upside Intraday Target | 55.91 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 55.87 | 56.93 | 57.28 | 54.58 | 0.676 times |
| 24 Fri May 2024 | 56.60 | 58.89 | 58.89 | 55.25 | 0.71 times |
| 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 |
Price has moved down 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 |
| 30 Thu May 2024 | 55.87 | 57.71 | 60.59 | 54.58 | 0.617 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 | 1.564 times |
Scroll below to view daily charts
Price has moved down 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 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Sonic Automotive in short term but the sell signal is initial and weak.
Sonic Automotive Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing 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 56.79 and Sonic Automotive (SAH) 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 Sonic Automotive (SAH) stock. Volume based technical analysis of Sonic Automotive (SAH) stock is negative.
Sonic Automotive Stock has given negative 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 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Sonic Automotive in short term but the sell signal is initial and weak.
Sonic Automotive Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing 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 56.79 and Sonic Automotive (SAH) 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 Sonic Automotive (SAH) stock. Volume based technical analysis of Sonic Automotive (SAH) stock is negative.
Sonic Automotive Stock has given negative 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.