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(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 2024-09-20 View latest technical analysis

10 day averaged volume of Sonoco Products is 607450

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	54.54	54.33	54.60	53.67	6.685 times
19 Thu Sep 2024	54.98	55.84	56.00	54.76	1.447 times
18 Wed Sep 2024	55.08	55.92	56.36	55.04	1.059 times
17 Tue Sep 2024	55.68	55.76	56.07	55.52	0.952 times
16 Mon Sep 2024	55.62	55.30	56.06	55.13	0.981 times
13 Fri Sep 2024	55.07	54.77	55.57	54.11	0.801 times
12 Thu Sep 2024	54.26	53.91	54.31	53.59	0.774 times
11 Wed Sep 2024	53.80	54.03	54.03	52.77	1 times
10 Tue Sep 2024	54.24	54.54	54.88	54.20	0.854 times
09 Mon Sep 2024	54.53	54.97	55.09	54.27	1.299 times

Stock of Sonoco Products (SON) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 54.1 or till 53.1. Use a stoploss of 54.9 and if the stock hits stoploss, then it can shoot up till 55.73

Share price targets for Sonoco Products (SON)

Target Type	Value
Downside Target	48.22
Downside Target	50.51
Downside Target	52.77
Upside Target	56.36
Upside Target	56.66
Upside Target	56.77
Upside Target	61.63
Upside Target	61.73

Intraday share price targets for Sonoco Products (SON)

Target Type	Value
Downside Intraday Target	53.35
Downside Intraday Target	52.17
Upside Intraday Target	56.04
Upside Intraday Target	57.55
Upside Intraday Target	54.86

Weekly technical analysis of Sonoco Products (SON)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	54.54	55.30	56.36	53.67	2.353 times
13 Fri Sep 2024	55.07	54.97	55.57	52.77	1.101 times
06 Fri Sep 2024	55.02	56.17	56.66	54.28	2.267 times
30 Fri Aug 2024	56.57	55.40	56.77	55.34	0.28 times
30 Fri Aug 2024	56.57	53.85	56.77	53.00	1.011 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 Sonoco Products (SON)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	54.54	56.17	56.66	52.77	0.692 times
30 Fri Aug 2024	56.57	51.89	56.77	48.50	1.063 times
31 Wed Jul 2024	53.92	51.04	54.90	48.22	0.861 times
28 Fri Jun 2024	50.72	61.57	61.73	50.51	1.493 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 Sonoco Products (SON)

Price action analysis of Sonoco Products ( (SON) ) 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 Sonoco Products ( (SON) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sonoco Products ( (SON) ) 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sonoco Products in short term but the sell signal is initial and weak.

Sonoco Products Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 Sonoco Products 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 Sonoco Products is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 54.7 and Sonoco Products (SON) 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 Sonoco Products (SON) stock. Volume based technical analysis of Sonoco Products (SON) stock is negative.

Sonoco Products 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.