(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 2024-09-05 View latest technical analysis
10 day averaged volume of Sonic Automotive is 136380
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 58.54 | 59.61 | 59.61 | 58.29 | 0.922 times |
| 04 Wed Sep 2024 | 59.07 | 60.11 | 60.11 | 58.93 | 0.659 times |
| 03 Tue Sep 2024 | 60.28 | 61.53 | 61.53 | 60.21 | 1.357 times |
| 30 Fri Aug 2024 | 62.34 | 62.50 | 62.72 | 61.86 | 1.102 times |
| 30 Fri Aug 2024 | 62.34 | 62.50 | 62.72 | 61.86 | 1.102 times |
| 29 Thu Aug 2024 | 62.28 | 62.64 | 62.84 | 61.19 | 0.936 times |
| 28 Wed Aug 2024 | 62.01 | 62.37 | 63.17 | 61.56 | 0.745 times |
| 27 Tue Aug 2024 | 62.73 | 63.00 | 63.38 | 62.58 | 0.808 times |
| 26 Mon Aug 2024 | 63.04 | 63.00 | 63.78 | 62.43 | 1.356 times |
| 23 Fri Aug 2024 | 62.56 | 60.07 | 62.98 | 60.07 | 1.249 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.8, but if it comes above 58.8, then a intra day buy could be more profitable.
If you take a sell trade below 58.8, then use 58.8 as stoploss and 56.7 as target. However if you take a buy trade in stock , then use 58.8 as stoploss and 60.55 as target.
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 51.27 |
| Downside Target | 53.08 |
| Downside Target | 56.80 |
| Downside Target | 58.29 |
| Upside Target | 59.66 |
| Upside Target | 61.53 |
| Upside Target | 61.86 |
| Upside Target | 62.72 |
| Upside Target | 62.98 |
| Upside Target | 63.78 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 57.38 |
| Downside Intraday Target | 56.21 |
| Upside Intraday Target | 60.62 |
| Upside Intraday Target | 62.69 |
| Upside Intraday Target | 59.45 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 58.54 | 61.53 | 61.53 | 58.29 | 2.665 times |
| 30 Fri Aug 2024 | 62.34 | 62.50 | 62.72 | 61.86 | 0.223 times |
| 30 Fri Aug 2024 | 62.34 | 63.00 | 63.78 | 61.19 | 0.81 times |
| 23 Fri Aug 2024 | 62.56 | 60.90 | 62.98 | 59.66 | 0.916 times |
| 16 Fri Aug 2024 | 60.83 | 59.59 | 61.36 | 56.80 | 0.653 times |
Price has moved down 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 |
| 05 Thu Sep 2024 | 58.54 | 61.53 | 61.53 | 58.29 | 0.09 times |
| 30 Fri Aug 2024 | 62.34 | 59.97 | 63.78 | 53.89 | 1.24 times |
| 31 Wed Jul 2024 | 59.54 | 54.48 | 61.46 | 51.27 | 1.012 times |
| 28 Fri Jun 2024 | 54.47 | 57.21 | 60.08 | 53.08 | 0.943 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 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 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 Strong and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 61.64 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 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 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 Strong and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 61.64 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.