(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 2024-07-08 View latest technical analysis
10 day averaged volume of Sonic Automotive is 132440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 52.72 | 52.49 | 53.54 | 52.33 | 1.697 times |
| 05 Fri Jul 2024 | 52.22 | 53.58 | 53.58 | 52.02 | 0.684 times |
| 03 Wed Jul 2024 | 53.73 | 54.05 | 54.72 | 53.60 | 0.412 times |
| 03 Wed Jul 2024 | 53.73 | 54.05 | 54.72 | 53.60 | 0.412 times |
| 02 Tue Jul 2024 | 53.78 | 53.75 | 54.13 | 53.35 | 0.643 times |
| 01 Mon Jul 2024 | 53.77 | 54.48 | 54.89 | 53.35 | 0.884 times |
| 28 Fri Jun 2024 | 54.47 | 54.69 | 55.24 | 53.91 | 2.591 times |
| 27 Thu Jun 2024 | 54.19 | 53.65 | 54.25 | 53.08 | 0.917 times |
| 26 Wed Jun 2024 | 53.68 | 53.58 | 54.12 | 53.15 | 1.023 times |
| 25 Tue Jun 2024 | 53.96 | 55.22 | 55.22 | 53.75 | 1.205 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 53.4, but if it comes above 53.4, then a intra day buy could be more profitable.
If you take a sell trade below 53.4, then use 53.4 as stoploss and 51.3 as target. However if you take a buy trade in stock , then use 53.4 as stoploss and 55.08 as target.
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 47.82 |
| Downside Target | 50.82 |
| Downside Target | 52.02 |
| Upside Target | 54.89 |
| Upside Target | 56.22 |
| Upside Target | 57.44 |
| Upside Target | 57.84 |
| Upside Target | 60.08 |
| Upside Target | 60.59 |
| Upside Target | 64.68 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 52.19 |
| Downside Intraday Target | 51.65 |
| Upside Intraday Target | 53.4 |
| Upside Intraday Target | 54.07 |
| Upside Intraday Target | 52.86 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 52.72 | 52.49 | 53.54 | 52.33 | 1.548 times |
| 05 Fri Jul 2024 | 52.22 | 54.05 | 54.72 | 52.02 | 0.565 times |
| 03 Wed Jul 2024 | 53.73 | 54.48 | 54.89 | 53.35 | 0.278 times |
| 28 Fri Jun 2024 | 54.47 | 54.42 | 56.22 | 53.08 | 1.347 times |
| 21 Fri Jun 2024 | 54.74 | 57.38 | 57.84 | 54.48 | 2.725 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sonic Automotive (SAH)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 52.72 | 54.48 | 54.89 | 52.02 | 0.176 times |
| 28 Fri Jun 2024 | 54.47 | 57.21 | 60.08 | 53.08 | 0.943 times |
| 31 Fri May 2024 | 56.67 | 57.71 | 60.59 | 54.58 | 0.642 times |
| 30 Tue Apr 2024 | 57.84 | 56.98 | 64.68 | 47.82 | 1.446 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sonic Automotive ( (SAH) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Sonic Automotive stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Sonic Automotive in short term and the sell signal is strong.
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 SELL signal in short term and selling is picking up 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 53.72 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sonic Automotive ( (SAH) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Sonic Automotive stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Sonic Automotive in short term and the sell signal is strong.
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 SELL signal in short term and selling is picking up 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 53.72 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.