(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 2024-03-14 View latest technical analysis
10 day averaged volume of Sonic Automotive is 226640
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 51.77 | 52.31 | 52.41 | 51.13 | 0.845 times |
| 13 Wed Mar 2024 | 52.50 | 52.12 | 53.35 | 52.12 | 0.628 times |
| 12 Tue Mar 2024 | 52.34 | 52.36 | 53.11 | 51.89 | 0.477 times |
| 11 Mon Mar 2024 | 52.18 | 51.89 | 52.69 | 51.57 | 0.477 times |
| 08 Fri Mar 2024 | 52.16 | 54.80 | 55.54 | 51.95 | 1.027 times |
| 07 Thu Mar 2024 | 53.89 | 51.71 | 54.36 | 51.71 | 1.156 times |
| 06 Wed Mar 2024 | 51.45 | 51.63 | 52.38 | 51.06 | 1.755 times |
| 05 Tue Mar 2024 | 51.25 | 50.82 | 52.23 | 50.82 | 0.95 times |
| 04 Mon Mar 2024 | 51.34 | 52.37 | 53.00 | 51.34 | 1.193 times |
| 01 Fri Mar 2024 | 52.50 | 52.29 | 52.72 | 51.91 | 0.918 times |
My analysis of stock is bearish for shortterm, and stock might move down till 51.2 or till 50.1. Use a stoploss of 52 and if the stock hits stoploss, then it can shoot up till 52.84
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 47.09 |
| Downside Target | 48.37 |
| Upside Target | 52.73 |
| Upside Target | 53.42 |
| Upside Target | 55.54 |
| Upside Target | 56.25 |
| Upside Target | 57.30 |
| Upside Target | 58.69 |
| Upside Target | 60.24 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 50.82 |
| Downside Intraday Target | 49.86 |
| Upside Intraday Target | 53.04 |
| Upside Intraday Target | 54.3 |
| Upside Intraday Target | 52.08 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 51.77 | 51.89 | 53.35 | 51.13 | 0.399 times |
| 08 Fri Mar 2024 | 52.16 | 52.37 | 55.54 | 50.82 | 1.1 times |
| 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 |
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 |
| 14 Thu Mar 2024 | 51.77 | 52.29 | 55.54 | 50.82 | 0.377 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 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 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 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 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 BUY. 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.
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 SELL signal in short term but selling 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 52.08 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 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 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 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 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 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 BUY. 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.
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 SELL signal in short term but selling 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 52.08 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.