(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 2024-03-01 View latest technical analysis
10 day averaged volume of Sonic Automotive is 265340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 52.50 | 52.29 | 52.72 | 51.91 | 0.784 times |
| 29 Thu Feb 2024 | 52.50 | 51.83 | 53.42 | 51.63 | 1.212 times |
| 28 Wed Feb 2024 | 51.24 | 50.82 | 51.47 | 50.75 | 0.961 times |
| 27 Tue Feb 2024 | 51.46 | 51.34 | 52.25 | 51.21 | 0.955 times |
| 26 Mon Feb 2024 | 50.87 | 51.47 | 52.29 | 50.70 | 0.808 times |
| 23 Fri Feb 2024 | 51.81 | 51.35 | 52.19 | 50.78 | 0.718 times |
| 22 Thu Feb 2024 | 51.39 | 51.72 | 52.73 | 51.19 | 1.084 times |
| 21 Wed Feb 2024 | 51.45 | 50.90 | 52.70 | 50.90 | 0.913 times |
| 20 Tue Feb 2024 | 51.09 | 51.85 | 51.96 | 51.01 | 0.903 times |
| 16 Fri Feb 2024 | 52.68 | 53.59 | 54.52 | 52.35 | 1.144 times |
My analysis of stock is bearish for shortterm, and stock might move down till 50.7 or till 47.7. Use a stoploss of 53.21 and if the stock hits stoploss, then it can shoot up till 55.71
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 47.09 |
| Downside Target | 48.37 |
| Downside Target | 51.91 |
| Upside Target | 53.35 |
| Upside Target | 53.42 |
| Upside Target | 56.25 |
| Upside Target | 57.30 |
| Upside Target | 57.51 |
| Upside Target | 58.69 |
| Upside Target | 60.24 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 50.99 |
| Downside Intraday Target | 49.49 |
| Upside Intraday Target | 53.71 |
| Upside Intraday Target | 54.93 |
| Downside Intraday Target | 52.21 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 52.50 | 51.47 | 53.42 | 50.70 | 1.305 times |
| 23 Fri Feb 2024 | 51.81 | 51.85 | 52.73 | 50.78 | 0.436 times |
| 16 Fri Feb 2024 | 52.68 | 57.55 | 60.24 | 50.39 | 1.875 times |
| 09 Fri Feb 2024 | 57.25 | 50.18 | 57.51 | 49.80 | 1.551 times |
| 02 Fri Feb 2024 | 51.23 | 51.56 | 53.35 | 50.06 | 0.84 times |
Price has moved up 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 |
| 01 Fri Mar 2024 | 52.50 | 52.29 | 52.72 | 51.91 | 0.037 times |
| 29 Thu Feb 2024 | 52.50 | 50.89 | 60.24 | 49.80 | 1.564 times |
| 31 Wed Jan 2024 | 50.56 | 55.62 | 57.30 | 48.91 | 0.748 times |
| 29 Fri Dec 2023 | 56.21 | 51.20 | 58.69 | 48.37 | 0.987 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 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 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 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 SELL signal for Sonic Automotive in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 51.74 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 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 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 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 SELL signal for Sonic Automotive in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 51.74 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.