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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.

Showing technical analysis as on 2024-06-04 View latest technical analysis

10 day averaged volume of Sonic Automotive is 142496

Date Daily Closing Price Open High Low Volume
04 Tue Jun 2024 57.30 57.62 58.02 56.49 1.081 times
03 Mon Jun 2024 58.12 57.21 58.60 56.82 1.079 times
31 Fri May 2024 56.67 56.29 57.17 56.03 1.02 times
30 Thu May 2024 55.87 55.53 56.28 55.39 1.097 times
29 Wed May 2024 55.03 55.43 55.76 54.58 1.146 times
28 Tue May 2024 56.31 56.93 57.28 56.08 0.945 times
24 Fri May 2024 56.60 56.34 56.78 55.84 0.719 times
23 Thu May 2024 55.92 56.90 56.90 55.25 1.392 times
22 Wed May 2024 56.65 57.06 57.39 56.53 1.061 times
21 Tue May 2024 57.34 57.99 58.00 57.24 0.67 times

My analysis of stock is bearish for shortterm, and stock might move down till 56.3 or till 54.8. Use a stoploss of 57.55 and if the stock hits stoploss, then it can shoot up till 58.81

Share price targets for Sonic Automotive (SAH)

Target Type Value
Downside Target 47.82
Downside Target 49.80
Downside Target 50.82
Downside Target 54.58
Upside Target 58.60
Upside Target 58.89
Upside Target 59.00
Upside Target 60.24
Upside Target 60.59
Upside Target 64.68

Intraday share price targets for Sonic Automotive (SAH)

Target Type Value
Downside Intraday Target 56.33
Downside Intraday Target 55.35
Upside Intraday Target 58.44
Upside Intraday Target 59.57
Upside Intraday Target 57.46

Weekly technical analysis of Sonic Automotive (SAH)

Date Weekly Closing Price Open High Low Volume
04 Tue Jun 2024 57.30 57.21 58.60 56.49 0.513 times
31 Fri May 2024 56.67 56.93 57.28 54.58 0.892 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

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
04 Tue Jun 2024 57.30 57.21 58.60 56.49 0.082 times
31 Fri May 2024 56.67 57.71 60.59 54.58 0.642 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

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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sonic Automotive in short term but the sell 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 56.52 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 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sonic Automotive in short term but the sell 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 56.52 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 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.

Daily charts

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