(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 2024-04-09 View latest technical analysis
10 day averaged volume of Sonic Automotive is 146180
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 53.09 | 52.11 | 53.75 | 52.05 | 1.975 times |
| 08 Mon Apr 2024 | 52.05 | 53.23 | 53.29 | 52.05 | 0.965 times |
| 05 Fri Apr 2024 | 52.76 | 52.89 | 52.98 | 51.99 | 1.391 times |
| 04 Thu Apr 2024 | 53.10 | 54.69 | 54.71 | 52.66 | 1.011 times |
| 03 Wed Apr 2024 | 54.26 | 54.43 | 55.32 | 53.79 | 0.848 times |
| 02 Tue Apr 2024 | 54.55 | 55.31 | 55.31 | 54.08 | 1.121 times |
| 01 Mon Apr 2024 | 56.17 | 56.98 | 56.98 | 55.92 | 0.848 times |
| 28 Thu Mar 2024 | 56.94 | 56.20 | 57.44 | 56.20 | 1.011 times |
| 27 Wed Mar 2024 | 56.19 | 54.63 | 56.40 | 54.54 | 1.325 times |
| 26 Tue Mar 2024 | 54.11 | 54.54 | 54.91 | 53.98 | 0.824 times |
My analysis of stock is bearish for shortterm, and stock might move down till 52.3 or till 50.5. Use a stoploss of 53.7 and if the stock hits stoploss, then it can shoot up till 55.14
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 48.37 |
| Downside Target | 50.82 |
| Upside Target | 53.35 |
| Upside Target | 55.25 |
| Upside Target | 56.98 |
| Upside Target | 57.30 |
| Upside Target | 57.44 |
| Upside Target | 58.69 |
| Upside Target | 60.24 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 52.18 |
| Downside Intraday Target | 51.26 |
| Upside Intraday Target | 53.88 |
| Upside Intraday Target | 54.66 |
| Downside Intraday Target | 52.96 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 53.09 | 53.23 | 53.75 | 52.05 | 0.563 times |
| 05 Fri Apr 2024 | 52.76 | 56.98 | 56.98 | 51.99 | 1.367 times |
| 28 Thu Mar 2024 | 56.94 | 54.52 | 57.44 | 53.78 | 0.554 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 |
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 |
| 09 Tue Apr 2024 | 53.09 | 56.98 | 56.98 | 51.99 | 0.293 times |
| 28 Thu Mar 2024 | 56.94 | 52.29 | 57.44 | 50.82 | 0.718 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 |
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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sonic Automotive in short term but the sell signal is initial and weak.
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 moving up
CCI has generated a buy signal for Sonic Automotive in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Sonic Automotive is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 54.21 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sonic Automotive in short term but the sell signal is initial and weak.
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 moving up
CCI has generated a buy signal for Sonic Automotive in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Sonic Automotive is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 54.21 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.