(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 2024-10-04 View latest technical analysis
10 day averaged volume of Sonic Automotive is 163680
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Fri Oct 2024 | 57.39 | 56.53 | 58.02 | 56.53 | 1.076 times |
| 03 Thu Oct 2024 | 55.45 | 55.95 | 55.99 | 54.88 | 0.657 times |
| 02 Wed Oct 2024 | 56.46 | 57.56 | 57.93 | 56.43 | 0.56 times |
| 01 Tue Oct 2024 | 58.02 | 58.18 | 59.01 | 57.72 | 0.684 times |
| 30 Mon Sep 2024 | 58.48 | 58.49 | 58.99 | 58.03 | 1.034 times |
| 27 Fri Sep 2024 | 59.06 | 59.00 | 59.76 | 58.14 | 1.29 times |
| 26 Thu Sep 2024 | 58.06 | 56.41 | 58.20 | 56.36 | 1.189 times |
| 25 Wed Sep 2024 | 57.07 | 59.14 | 59.14 | 57.03 | 0.963 times |
| 24 Tue Sep 2024 | 57.44 | 57.81 | 57.81 | 56.80 | 0.502 times |
| 23 Mon Sep 2024 | 57.21 | 57.65 | 57.91 | 56.32 | 0.662 times |
My analysis of stock is bullish for shortterm, and stock might move up till 58.2 or till 60. Use a stoploss of 56.73 and if this stock hits its stoploss, then it can fall down till 55.24
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 51.27 |
| Downside Target | 52.56 |
| Upside Target | 58.67 |
| Upside Target | 59.01 |
| Upside Target | 59.76 |
| Upside Target | 60.08 |
| Upside Target | 61.46 |
| Upside Target | 61.53 |
| Upside Target | 63.78 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 55.18 |
| Downside Intraday Target | 52.96 |
| Upside Intraday Target | 59.31 |
| Upside Intraday Target | 61.22 |
| Downside Intraday Target | 57.09 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Fri Oct 2024 | 57.39 | 58.49 | 59.01 | 54.88 | 0.871 times |
| 27 Fri Sep 2024 | 59.06 | 57.65 | 59.76 | 56.32 | 0.735 times |
| 20 Fri Sep 2024 | 57.62 | 56.09 | 58.81 | 55.41 | 0.954 times |
| 13 Fri Sep 2024 | 55.96 | 57.59 | 58.67 | 52.56 | 1.885 times |
| 06 Fri Sep 2024 | 57.71 | 61.53 | 61.53 | 57.07 | 3.795 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 |
| 04 Fri Oct 2024 | 57.39 | 58.18 | 59.01 | 54.88 | 0.136 times |
| 30 Mon Sep 2024 | 58.48 | 61.53 | 61.53 | 52.56 | 0.806 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Sonic Automotive in short term and the sell 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 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 in or above 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 negative zone. This is the SELL 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 57.66 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Sonic Automotive in short term and the sell 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 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 in or above 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 negative zone. This is the SELL 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 57.66 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.