(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 2024-03-26 View latest technical analysis
10 day averaged volume of Sonic Automotive is 191000
Date | Daily Closing Price | Open | High | Low | Volume |
26 Tue Mar 2024 | 54.11 | 54.54 | 54.91 | 53.98 | 0.63 times |
25 Mon Mar 2024 | 54.07 | 54.52 | 54.98 | 53.78 | 0.503 times |
22 Fri Mar 2024 | 54.31 | 54.40 | 54.73 | 53.65 | 1.109 times |
21 Thu Mar 2024 | 54.54 | 54.09 | 55.25 | 53.55 | 1.062 times |
20 Wed Mar 2024 | 53.99 | 52.41 | 54.35 | 52.19 | 0.684 times |
19 Tue Mar 2024 | 52.45 | 51.60 | 53.06 | 51.60 | 1.122 times |
18 Mon Mar 2024 | 52.15 | 53.00 | 53.78 | 52.12 | 1.299 times |
15 Fri Mar 2024 | 52.73 | 51.55 | 52.78 | 51.55 | 1.906 times |
14 Thu Mar 2024 | 51.77 | 52.31 | 52.41 | 51.13 | 1.003 times |
13 Wed Mar 2024 | 52.50 | 52.12 | 53.35 | 52.12 | 0.746 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 53.7, but if it comes below 53.7, then a intra day sell could be more profitable.
If you take a sell trade below 53.7, then use 53.7 as stoploss and 52.67 as target. However if you take a buy trade in stock , then use 53.7 as stoploss and 55 as target.
Share price targets for Sonic Automotive (SAH)
Target Type | Value |
Downside Target | 47.09 |
Downside Target | 48.37 |
Downside Target | 53.35 |
Upside Target | 54.98 |
Upside Target | 55.25 |
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 | 53.6 |
Downside Intraday Target | 53.09 |
Upside Intraday Target | 54.8 |
Upside Intraday Target | 55.49 |
Upside Intraday Target | 54.29 |
Weekly technical analysis of Sonic Automotive (SAH)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Tue Mar 2024 | 54.11 | 54.52 | 54.98 | 53.78 | 0.215 times |
22 Fri Mar 2024 | 54.31 | 53.00 | 55.25 | 51.60 | 1.102 times |
15 Fri Mar 2024 | 52.73 | 51.89 | 53.35 | 51.13 | 0.664 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 |
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 |
26 Tue Mar 2024 | 54.11 | 52.29 | 55.54 | 50.82 | 0.658 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 up 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 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sonic Automotive in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 but buying is losing 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 53.12 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 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 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sonic Automotive in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above 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 but buying is losing 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 53.12 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.