Mobile app version of munafa.biz
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-11 View latest technical analysis

10 day averaged volume of Sonic Automotive is 158080

Date Daily Closing Price Open High Low Volume
11 Tue Jun 2024 56.66 56.84 56.89 56.00 1.511 times
10 Mon Jun 2024 57.16 57.18 58.93 56.74 1.15 times
07 Fri Jun 2024 56.54 56.52 57.36 56.07 1.16 times
06 Thu Jun 2024 57.32 57.22 57.64 56.45 1.186 times
05 Wed Jun 2024 57.42 57.57 58.10 56.70 0.765 times
04 Tue Jun 2024 57.30 57.62 58.02 56.49 0.974 times
03 Mon Jun 2024 58.12 57.21 58.60 56.82 0.972 times
31 Fri May 2024 56.67 56.29 57.17 56.03 0.919 times
30 Thu May 2024 55.87 55.53 56.28 55.39 0.989 times
29 Wed May 2024 55.03 55.43 55.76 54.58 1.033 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 56.1 as stoploss in an intra day buy trade for a target of 57.3. However, stock will show a bearish move below 56.1.

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 57.28
Upside Target 58.89
Upside Target 58.93
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 55.46
Downside Intraday Target 54.27
Upside Intraday Target 58.39
Upside Intraday Target 60.13
Upside Intraday Target 57.2

Weekly technical analysis of Sonic Automotive (SAH)

Date Weekly Closing Price Open High Low Volume
11 Tue Jun 2024 56.66 57.18 58.93 56.00 0.526 times
07 Fri Jun 2024 56.54 57.21 58.60 56.07 1.334 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

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
11 Tue Jun 2024 56.66 57.21 58.93 56.00 0.323 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 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 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 Sonic Automotive ( (SAH) ) 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 Sonic Automotive ( (SAH) ) based on a short to mid 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 Sonic Automotive ( (SAH) ) based on a mid to longer 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.

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.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sonic Automotive 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 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 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 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 Sonic Automotive ( (SAH) ) 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 Sonic Automotive ( (SAH) ) based on a short to mid 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 Sonic Automotive ( (SAH) ) based on a mid to longer 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.

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.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sonic Automotive 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 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 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme