(SON) Sonoco Products complete technical analysis [charts+indicators] | Buy/Sell Sonoco Products | (SON) share price targets
Complete technical analysis of Sonoco Products (SON) by charts plus indicators, forecast predictions and share price targets for Sonoco Products (SON)
Sonoco Products trades in USA in Consumer Durables sector.
Showing technical analysis as on 2024-01-23 View latest technical analysis
10 day averaged volume of Sonoco Products is 334110
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Jan 2024 | 57.97 | 58.72 | 58.92 | 57.86 | 1.395 times |
| 22 Mon Jan 2024 | 58.29 | 57.35 | 58.33 | 57.11 | 1.489 times |
| 19 Fri Jan 2024 | 57.36 | 57.07 | 57.61 | 56.50 | 1.162 times |
| 18 Thu Jan 2024 | 56.93 | 56.08 | 56.94 | 55.77 | 1.372 times |
| 17 Wed Jan 2024 | 55.98 | 55.98 | 56.35 | 55.57 | 0.691 times |
| 16 Tue Jan 2024 | 56.49 | 56.71 | 56.77 | 56.00 | 0.975 times |
| 12 Fri Jan 2024 | 56.99 | 57.87 | 58.01 | 56.80 | 0.805 times |
| 12 Fri Jan 2024 | 56.99 | 57.87 | 58.01 | 56.80 | 0.805 times |
| 11 Thu Jan 2024 | 57.49 | 57.36 | 57.62 | 56.91 | 0.804 times |
| 10 Wed Jan 2024 | 57.36 | 57.80 | 57.93 | 57.17 | 1.046 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 57.8, but if it comes below 57.8, then a intra day sell could be more profitable.
If you take a sell trade below 57.8, then use 57.8 as stoploss and 57.03 as target. However if you take a buy trade in stock , then use 57.8 as stoploss and 58.6 as target.
Share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Target | 49.98 |
| Downside Target | 52.86 |
| Downside Target | 54.71 |
| Downside Target | 57.61 |
| Downside Target | 57.80 |
| Downside Target | 57.92 |
| Upside Target | 58.01 |
| Upside Target | 58.16 |
| Upside Target | 58.36 |
| Upside Target | 58.92 |
Intraday share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Intraday Target | 57.08 |
| Downside Intraday Target | 56.19 |
| Upside Intraday Target | 58.89 |
| Upside Intraday Target | 59.81 |
| Upside Intraday Target | 58 |
Weekly technical analysis of Sonoco Products (SON)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Jan 2024 | 57.97 | 57.35 | 58.92 | 57.11 | 0.687 times |
| 19 Fri Jan 2024 | 57.36 | 56.71 | 57.61 | 55.57 | 5.217 times |
| 12 Fri Jan 2024 | 56.99 | 57.87 | 58.01 | 56.80 | 0.176 times |
| 12 Fri Jan 2024 | 56.99 | 57.77 | 58.36 | 56.80 | 0.642 times |
| 05 Fri Jan 2024 | 58.00 | 55.87 | 58.16 | 55.87 | 6.156 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 Sonoco Products (SON)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Tue Jan 2024 | 57.97 | 55.87 | 58.92 | 55.57 | 0.689 times |
| 29 Fri Dec 2023 | 55.87 | 55.03 | 57.80 | 53.35 | 1.127 times |
| 30 Thu Nov 2023 | 55.16 | 54.02 | 55.78 | 52.86 | 0.81 times |
| 31 Tue Oct 2023 | 51.81 | 54.28 | 54.71 | 49.98 | 1.151 times |
Scroll below to view daily charts
Price has moved up 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 Sonoco Products (SON)
Price action analysis of Sonoco Products ( (SON) ) based on a short 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 Sonoco Products ( (SON) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sonoco Products ( (SON) ) 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 Sonoco Products ( (SON) ) 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 Sonoco Products stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Sonoco Products in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sonoco Products Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Sonoco Products in short term and BUY signal is strong.
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 Sonoco Products is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 57.3 and Sonoco Products (SON) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Sonoco Products (SON) stock. Volume based technical analysis of Sonoco Products (SON) stock is negative.
Sonoco Products Stock is giving positive 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 Sonoco Products ( (SON) ) based on a short 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 Sonoco Products ( (SON) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sonoco Products ( (SON) ) 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 Sonoco Products ( (SON) ) 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 Sonoco Products stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Sonoco Products in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sonoco Products Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Sonoco Products in short term and BUY signal is strong.
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 Sonoco Products is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 57.3 and Sonoco Products (SON) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Sonoco Products (SON) stock. Volume based technical analysis of Sonoco Products (SON) stock is negative.
Sonoco Products Stock is giving positive 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.