(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.
10 day averaged volume of Sonic Automotive is 217160
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 48.62 | 50.12 | 50.12 | 48.60 | 0.868 times |
| 16 Tue Apr 2024 | 49.56 | 48.86 | 49.75 | 48.36 | 0.909 times |
| 15 Mon Apr 2024 | 49.35 | 50.37 | 50.62 | 49.03 | 1.222 times |
| 12 Fri Apr 2024 | 49.90 | 50.04 | 50.45 | 49.36 | 1.106 times |
| 11 Thu Apr 2024 | 50.34 | 50.55 | 50.67 | 49.25 | 1.616 times |
| 10 Wed Apr 2024 | 51.01 | 51.55 | 51.88 | 50.40 | 0.98 times |
| 09 Tue Apr 2024 | 53.09 | 52.11 | 53.75 | 52.05 | 1.329 times |
| 08 Mon Apr 2024 | 52.05 | 53.23 | 53.29 | 52.05 | 0.65 times |
| 05 Fri Apr 2024 | 52.76 | 52.89 | 52.98 | 51.99 | 0.936 times |
| 04 Thu Apr 2024 | 53.10 | 54.69 | 54.71 | 52.66 | 0.681 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 47.7, for a target of 50.6 or 52.95
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 48.36 |
| Upside Target | 53.75 |
| Upside Target | 53.78 |
| Upside Target | 55.25 |
| Upside Target | 56.98 |
| Upside Target | 57.30 |
| Upside Target | 57.44 |
| Upside Target | 58.69 |
| Upside Target | 60.24 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 47.78 |
| Downside Intraday Target | 46.94 |
| Upside Intraday Target | 50.04 |
| Upside Intraday Target | 51.46 |
| Upside Intraday Target | 49.2 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Apr 2024 | 48.62 | 50.37 | 50.62 | 48.36 | 0.528 times |
| 12 Fri Apr 2024 | 49.90 | 53.23 | 53.75 | 49.25 | 1.617 times |
| 05 Fri Apr 2024 | 52.76 | 56.98 | 56.98 | 51.99 | 1.367 times |
| 28 Thu Mar 2024 | 56.94 | 54.52 | 57.44 | 53.78 | 0.554 times |
| 22 Fri Mar 2024 | 54.31 | 53.00 | 55.25 | 51.60 | 1.102 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 |
| 17 Wed Apr 2024 | 48.62 | 56.98 | 56.98 | 48.36 | 0.651 times |
| 28 Thu Mar 2024 | 56.94 | 52.29 | 57.44 | 50.82 | 0.718 times |
| 29 Thu Feb 2024 | 52.50 | 50.89 | 60.24 | 49.80 | 1.564 times |
| 31 Wed Jan 2024 | 50.56 | 55.62 | 57.30 | 48.91 | 0.748 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 but buying is losing 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 50.89 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 but buying is losing 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 50.89 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.