(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 2024-08-29 View latest technical analysis
10 day averaged volume of Sonic Automotive is 160830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 62.28 | 62.64 | 62.84 | 61.19 | 0.793 times |
| 28 Wed Aug 2024 | 62.01 | 62.37 | 63.17 | 61.56 | 0.632 times |
| 27 Tue Aug 2024 | 62.73 | 63.00 | 63.38 | 62.58 | 0.685 times |
| 26 Mon Aug 2024 | 63.04 | 63.00 | 63.78 | 62.43 | 1.15 times |
| 23 Fri Aug 2024 | 62.56 | 60.07 | 62.98 | 60.07 | 1.06 times |
| 22 Thu Aug 2024 | 59.79 | 60.75 | 61.54 | 59.66 | 0.582 times |
| 21 Wed Aug 2024 | 60.95 | 61.76 | 62.09 | 60.87 | 0.885 times |
| 20 Tue Aug 2024 | 61.04 | 62.06 | 62.06 | 60.54 | 1.101 times |
| 19 Mon Aug 2024 | 61.04 | 60.90 | 61.34 | 60.28 | 1.553 times |
| 16 Fri Aug 2024 | 60.83 | 59.29 | 61.36 | 59.27 | 0.954 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 62, but if it comes below 62, then a intra day sell could be more profitable.
If you take a sell trade below 62, then use 62 as stoploss and 59.92 as target. However if you take a buy trade in stock , then use 62 as stoploss and 64.4 as target.
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 47.82 |
| Downside Target | 51.27 |
| Downside Target | 53.08 |
| Downside Target | 56.80 |
| Downside Target | 59.66 |
| Downside Target | 61.46 |
| Downside Target | 61.60 |
| Upside Target | 62.98 |
| Upside Target | 63.78 |
| Upside Target | 64.68 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 61.05 |
| Downside Intraday Target | 59.83 |
| Upside Intraday Target | 63.64 |
| Upside Intraday Target | 65.01 |
| Upside Intraday Target | 62.42 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 62.28 | 63.00 | 63.78 | 61.19 | 0.629 times |
| 23 Fri Aug 2024 | 62.56 | 60.90 | 62.98 | 59.66 | 0.916 times |
| 16 Fri Aug 2024 | 60.83 | 59.59 | 61.36 | 56.80 | 0.653 times |
| 09 Fri Aug 2024 | 59.80 | 54.32 | 61.60 | 53.89 | 1.364 times |
| 02 Fri Aug 2024 | 55.89 | 58.22 | 61.46 | 54.49 | 1.183 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 |
| 29 Thu Aug 2024 | 62.28 | 59.97 | 63.78 | 53.89 | 1.156 times |
| 31 Wed Jul 2024 | 59.54 | 54.48 | 61.46 | 51.27 | 1.012 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 |
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 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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
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 61.64 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 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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
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 61.64 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.