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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 2024-06-12 View latest technical analysis

10 day averaged volume of Sonic Automotive is 168500

Date Daily Closing Price Open High Low Volume
12 Wed Jun 2024 58.51 58.59 60.08 58.00 0.871 times
11 Tue Jun 2024 56.66 56.84 56.89 56.00 1.417 times
10 Mon Jun 2024 57.16 57.18 58.93 56.74 1.079 times
07 Fri Jun 2024 56.54 56.52 57.36 56.07 1.088 times
06 Thu Jun 2024 57.32 57.22 57.64 56.45 1.113 times
05 Wed Jun 2024 57.42 57.57 58.10 56.70 0.718 times
04 Tue Jun 2024 57.30 57.62 58.02 56.49 0.914 times
03 Mon Jun 2024 58.12 57.21 58.60 56.82 0.912 times
31 Fri May 2024 56.67 56.29 57.17 56.03 0.862 times
30 Thu May 2024 55.87 55.53 56.28 55.39 0.928 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 58.4, but if it comes below 58.4, then a intra day sell could be more profitable.
If you take a sell trade below 58.4, then use 58.4 as stoploss and 57.26 as target. However if you take a buy trade in stock , then use 58.4 as stoploss and 59.9 as target.

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
Downside Target 57.28
Upside Target 58.89
Upside Target 60.08
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 56.31
Downside Intraday Target 54.12
Upside Intraday Target 60.39
Upside Intraday Target 62.28
Downside Intraday Target 58.2

Weekly technical analysis of Sonic Automotive (SAH)

Date Weekly Closing Price Open High Low Volume
12 Wed Jun 2024 58.51 57.18 60.08 56.00 0.71 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
12 Wed Jun 2024 58.51 57.21 60.08 56.00 0.362 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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Sonic Automotive stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sonic Automotive in short term and the buy signal is strong.

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 moving up

CCI has generated a buy signal for Sonic Automotive in short term and BUY 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

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 57.11 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 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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Sonic Automotive stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sonic Automotive in short term and the buy signal is strong.

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 moving up

CCI has generated a buy signal for Sonic Automotive in short term and BUY 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

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 57.11 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 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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