(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 2024-10-03 View latest technical analysis
10 day averaged volume of Sonic Automotive is 164590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 55.45 | 55.95 | 55.99 | 54.88 | 0.654 times |
| 02 Wed Oct 2024 | 56.46 | 57.56 | 57.93 | 56.43 | 0.557 times |
| 01 Tue Oct 2024 | 58.02 | 58.18 | 59.01 | 57.72 | 0.68 times |
| 30 Mon Sep 2024 | 58.48 | 58.49 | 58.99 | 58.03 | 1.028 times |
| 27 Fri Sep 2024 | 59.06 | 59.00 | 59.76 | 58.14 | 1.283 times |
| 26 Thu Sep 2024 | 58.06 | 56.41 | 58.20 | 56.36 | 1.182 times |
| 25 Wed Sep 2024 | 57.07 | 59.14 | 59.14 | 57.03 | 0.958 times |
| 24 Tue Sep 2024 | 57.44 | 57.81 | 57.81 | 56.80 | 0.499 times |
| 23 Mon Sep 2024 | 57.21 | 57.65 | 57.91 | 56.32 | 0.658 times |
| 20 Fri Sep 2024 | 57.62 | 57.97 | 58.81 | 57.13 | 2.446 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 55.3 as stoploss in an intra day buy trade for a target of 56.75. However, stock will show a bearish move below 55.3.
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 51.27 |
| Downside Target | 52.56 |
| Upside Target | 58.67 |
| Upside Target | 59.01 |
| Upside Target | 59.76 |
| Upside Target | 60.08 |
| Upside Target | 61.46 |
| Upside Target | 61.53 |
| Upside Target | 63.78 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 53.88 |
| Downside Intraday Target | 52.32 |
| Upside Intraday Target | 58.01 |
| Upside Intraday Target | 60.58 |
| Upside Intraday Target | 56.45 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 55.45 | 58.49 | 59.01 | 54.88 | 0.637 times |
| 27 Fri Sep 2024 | 59.06 | 57.65 | 59.76 | 56.32 | 0.735 times |
| 20 Fri Sep 2024 | 57.62 | 56.09 | 58.81 | 55.41 | 0.954 times |
| 13 Fri Sep 2024 | 55.96 | 57.59 | 58.67 | 52.56 | 1.885 times |
| 06 Fri Sep 2024 | 57.71 | 61.53 | 61.53 | 57.07 | 3.795 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 |
| 03 Thu Oct 2024 | 55.45 | 58.18 | 59.01 | 54.88 | 0.087 times |
| 30 Mon Sep 2024 | 58.48 | 61.53 | 61.53 | 52.56 | 0.806 times |
| 30 Fri Aug 2024 | 62.34 | 59.97 | 63.78 | 53.89 | 1.24 times |
| 31 Wed Jul 2024 | 59.54 | 54.48 | 61.46 | 51.27 | 1.012 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Sonic Automotive in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 57.68 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Sonic Automotive in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 57.68 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.