Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-23 View latest technical analysis

10 day averaged volume of Sonic Automotive is 133600

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	55.47	54.57	56.51	54.57	1.885 times
22 Tue Oct 2024	54.27	54.84	54.90	54.06	0.849 times
21 Mon Oct 2024	54.85	56.78	56.96	54.83	1.308 times
18 Fri Oct 2024	56.67	57.21	57.21	56.51	0.868 times
17 Thu Oct 2024	56.78	56.80	57.36	56.26	0.928 times
16 Wed Oct 2024	56.77	55.60	57.14	55.40	0.894 times
15 Tue Oct 2024	54.88	54.58	56.20	54.58	0.966 times
14 Mon Oct 2024	54.95	54.33	54.97	54.02	0.835 times
11 Fri Oct 2024	54.62	53.87	54.79	53.65	1.013 times
10 Thu Oct 2024	53.62	53.33	54.12	52.59	1.422 times

My analysis of stock is bearish for shortterm, and stock might move down till 54.5 or till 52.7. Use a stoploss of 56.06 and if the stock hits stoploss, then it can shoot up till 57.6

Share price targets for Sonic Automotive (SAH)

Target Type	Value
Downside Target	51.27
Downside Target	52.56
Upside Target	56.32
Upside Target	57.36
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	54.03
Downside Intraday Target	52.6
Upside Intraday Target	56.93
Upside Intraday Target	58.4
Upside Intraday Target	55.5

Weekly technical analysis of Sonic Automotive (SAH)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	55.47	56.78	56.96	54.06	0.9 times
18 Fri Oct 2024	56.67	54.33	57.36	54.02	0.844 times
11 Fri Oct 2024	54.62	56.99	56.99	52.59	1.083 times
04 Fri Oct 2024	57.39	58.49	59.01	54.88	0.871 times
27 Fri Sep 2024	59.06	57.65	59.76	56.32	0.735 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
23 Wed Oct 2024	55.47	58.18	59.01	52.59	0.651 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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

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 55.21 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.