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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 2024-07-30 View latest technical analysis

10 day averaged volume of Sonic Automotive is 177980

Date Daily Closing Price Open High Low Volume
30 Tue Jul 2024 57.48 56.95 57.84 56.15 0.749 times
29 Mon Jul 2024 56.74 58.22 59.04 56.44 1.023 times
26 Fri Jul 2024 58.30 57.85 59.07 55.98 0.893 times
25 Thu Jul 2024 57.06 56.55 57.25 55.69 0.964 times
24 Wed Jul 2024 56.41 55.26 57.28 55.26 1.097 times
23 Tue Jul 2024 55.25 56.45 56.54 55.18 1.328 times
22 Mon Jul 2024 57.00 57.42 57.48 56.09 0.566 times
19 Fri Jul 2024 57.10 58.00 58.48 56.74 0.866 times
18 Thu Jul 2024 58.17 59.01 60.36 57.77 0.979 times
17 Wed Jul 2024 59.27 57.62 59.81 56.88 0.933 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 58.1 as stoploss in an intra day sell trade for a target of 55.76. However, stock will show a bullish move above 58.1.

Share price targets for Sonic Automotive (SAH)

Target Type Value
Downside Target 47.82
Downside Target 50.82
Downside Target 53.08
Downside Target 54.58
Downside Target 57.44
Upside Target 59.04
Upside Target 59.07
Upside Target 60.08
Upside Target 60.36
Upside Target 60.59
Upside Target 64.68

Intraday share price targets for Sonic Automotive (SAH)

Target Type Value
Downside Intraday Target 56.07
Downside Intraday Target 54.67
Upside Intraday Target 58.96
Upside Intraday Target 60.45
Upside Intraday Target 57.56

Weekly technical analysis of Sonic Automotive (SAH)

Date Weekly Closing Price Open High Low Volume
30 Tue Jul 2024 57.48 58.22 59.04 56.15 0.365 times
26 Fri Jul 2024 58.30 57.42 59.07 55.18 0.959 times
19 Fri Jul 2024 57.10 56.58 60.36 55.93 0.983 times
12 Fri Jul 2024 56.69 52.49 57.09 51.27 6.301 times
05 Fri Jul 2024 52.22 54.05 54.72 52.02 0.565 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 Tue Jul 2024 57.48 54.48 60.36 51.27 0.955 times
28 Fri Jun 2024 54.47 57.21 60.08 53.08 0.943 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sonic Automotive ( (SAH) ) based on a short to mid 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 mid to longer 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.

ADX buy sell signal for Sonic Automotive stock for short term is BUY. Signal strength is Strong and stock is losing 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 57.18 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sonic Automotive ( (SAH) ) based on a short to mid 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 mid to longer 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.

ADX buy sell signal for Sonic Automotive stock for short term is BUY. Signal strength is Strong and stock is losing 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 57.18 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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