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(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 2024-10-14 View latest technical analysis

10 day averaged volume of Sonic Automotive is 136740

Date Daily Closing Price Open High Low Volume
14 Mon Oct 2024 54.95 54.33 54.97 54.02 0.815 times
11 Fri Oct 2024 54.62 53.87 54.79 53.65 0.989 times
10 Thu Oct 2024 53.62 53.33 54.12 52.59 1.389 times
09 Wed Oct 2024 53.74 55.76 55.90 53.73 0.897 times
08 Tue Oct 2024 55.82 55.82 56.42 54.85 1.009 times
07 Mon Oct 2024 55.78 56.99 56.99 55.68 0.913 times
04 Fri Oct 2024 57.39 56.53 58.02 56.53 1.289 times
03 Thu Oct 2024 55.45 55.95 55.99 54.88 0.787 times
02 Wed Oct 2024 56.46 57.56 57.93 56.43 0.671 times
01 Tue Oct 2024 58.02 58.18 59.01 57.72 0.818 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.1, but if it comes above 55.1, then a intra day buy could be more profitable.
If you take a sell trade below 55.1, then use 55.1 as stoploss and 53.3 as target. However if you take a buy trade in stock , then use 55.1 as stoploss and 56.62 as target.

Share price targets for Sonic Automotive (SAH)

Target Type Value
Downside Target 51.27
Downside Target 52.56
Upside Target 56.99
Upside Target 58.81
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 54.32
Downside Intraday Target 53.7
Upside Intraday Target 55.27
Upside Intraday Target 55.6
Downside Intraday Target 54.65

Weekly technical analysis of Sonic Automotive (SAH)

Date Weekly Closing Price Open High Low Volume
14 Mon Oct 2024 54.95 54.33 54.97 54.02 0.157 times
11 Fri Oct 2024 54.62 56.99 56.99 52.59 1.083 times
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

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
14 Mon Oct 2024 54.95 58.18 59.01 52.59 0.364 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Sonic Automotive stock for short term is SELL. Signal strength is Strong and stock is losing 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 BUY signal in short term but buying is losing 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 55.52 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Sonic Automotive stock for short term is SELL. Signal strength is Strong and stock is losing 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 BUY signal in short term but buying is losing 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 55.52 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.

Daily charts

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