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(SONO) Sonos Inc complete technical analysis [charts+indicators] | Buy/Sell Sonos Inc | (SONO) share price targets

Complete technical analysis of Sonos Inc (SONO) by charts plus indicators, forecast predictions and share price targets for Sonos Inc (SONO)

Sonos Inc trades in USA in Consumer Non Durables sector.

Showing technical analysis as on 2024-08-30 View latest technical analysis

10 day averaged volume of Sonos Inc is 1809470

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	12.23	12.23	12.37	12.15	0.718 times
30 Fri Aug 2024	12.23	12.23	12.37	12.16	0.792 times
29 Thu Aug 2024	12.18	12.03	12.30	11.92	0.824 times
28 Wed Aug 2024	11.95	12.16	12.22	11.80	0.95 times
27 Tue Aug 2024	12.20	11.76	12.21	11.60	1.172 times
26 Mon Aug 2024	11.77	11.64	11.85	11.48	1.087 times
23 Fri Aug 2024	11.51	11.14	11.60	11.12	1.016 times
22 Thu Aug 2024	11.09	11.35	11.42	11.06	0.859 times
21 Wed Aug 2024	11.40	11.61	11.65	11.28	1.097 times
20 Tue Aug 2024	11.50	11.42	11.59	11.32	1.058 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.1, but if it comes below 12.1, then a intra day sell could be more profitable.
If you take a sell trade below 12.1, then use 12.1 as stoploss and 11.76 as target. However if you take a buy trade in stock , then use 12.1 as stoploss and 12.6 as target.

Share price targets for Sonos Inc (SONO)

Target Type	Value
Downside Target	10.23
Downside Target	11.06
Downside Target	11.48
Downside Target	11.77
Upside Target	12.78
Upside Target	13.20
Upside Target	13.48
Upside Target	14.38
Upside Target	15.14
Upside Target	15.57
Upside Target	16.30
Upside Target	16.66
Upside Target	18.02
Upside Target	19.33

Intraday share price targets for Sonos Inc (SONO)

Target Type	Value
Downside Intraday Target	12.13
Downside Intraday Target	12.03
Upside Intraday Target	12.35
Upside Intraday Target	12.47
Upside Intraday Target	12.25

Weekly technical analysis of Sonos Inc (SONO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	12.23	12.23	12.37	12.15	0.149 times
30 Fri Aug 2024	12.23	11.64	12.37	11.48	0.932 times
23 Fri Aug 2024	11.51	11.70	11.77	11.06	0.62 times
16 Fri Aug 2024	11.62	11.91	11.96	11.13	0.715 times
09 Fri Aug 2024	11.94	12.00	12.78	10.23	2.112 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 Sonos Inc (SONO)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	12.23	13.48	13.48	10.23	1.751 times
31 Wed Jul 2024	13.50	14.70	15.14	13.20	1.156 times
28 Fri Jun 2024	14.76	15.98	16.30	14.38	0.852 times
31 Fri May 2024	15.80	16.82	18.02	15.57	1.294 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sonos Inc (SONO)

Price action analysis of Sonos Inc ( (SONO) ) 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 Sonos Inc ( (SONO) ) 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 Sonos Inc ( (SONO) ) 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 Sonos Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sonos Inc 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.

Sonos Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sonos Inc in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sonos Inc is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.79 and Sonos Inc (SONO) 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 Sonos Inc (SONO) stock. Volume based technical analysis of Sonos Inc (SONO) stock is negative.

Sonos Inc Stock is giving positive 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.