(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 2024-06-21 View latest technical analysis
10 day averaged volume of Sonic Automotive is 159250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 54.74 | 55.36 | 55.60 | 54.48 | 2.671 times |
| 20 Thu Jun 2024 | 55.44 | 56.56 | 56.58 | 54.70 | 0.875 times |
| 18 Tue Jun 2024 | 57.02 | 57.38 | 57.84 | 57.01 | 0.753 times |
| 18 Tue Jun 2024 | 57.02 | 57.38 | 57.84 | 57.01 | 0.753 times |
| 17 Mon Jun 2024 | 57.55 | 55.84 | 57.58 | 55.41 | 0.824 times |
| 14 Fri Jun 2024 | 56.19 | 55.71 | 56.39 | 54.93 | 0.992 times |
| 13 Thu Jun 2024 | 56.78 | 58.29 | 58.29 | 56.43 | 1.089 times |
| 12 Wed Jun 2024 | 58.51 | 58.59 | 60.08 | 58.00 | 0.922 times |
| 11 Tue Jun 2024 | 56.66 | 56.84 | 56.89 | 56.00 | 1.5 times |
| 10 Mon Jun 2024 | 57.16 | 57.18 | 58.93 | 56.74 | 1.142 times |
Stock of Sonic Automotive (SAH) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 54.7, for a target of 55.8 or 56.71
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 47.82 |
| Downside Target | 49.80 |
| Downside Target | 50.82 |
| Downside Target | 54.48 |
| Upside Target | 57.28 |
| Upside Target | 57.84 |
| Upside Target | 58.60 |
| 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 | 53.53 |
| Downside Intraday Target | 52.33 |
| Upside Intraday Target | 56.89 |
| Upside Intraday Target | 59.05 |
| Upside Intraday Target | 55.69 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 54.74 | 57.38 | 57.84 | 54.48 | 2.725 times |
| 18 Tue Jun 2024 | 57.02 | 55.84 | 57.84 | 55.41 | 0.279 times |
| 14 Fri Jun 2024 | 56.19 | 57.18 | 60.08 | 54.93 | 1.124 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sonic Automotive (SAH)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 54.74 | 57.21 | 60.08 | 54.48 | 0.698 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sonic Automotive stock for short term is SELL. Signal strength is Weak and stock is gaining 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 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 56.4 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sonic Automotive stock for short term is SELL. Signal strength is Weak and stock is gaining 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 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 56.4 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.