(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 2024-02-22 View latest technical analysis
10 day averaged volume of Sonic Automotive is 357980
Date | Daily Closing Price | Open | High | Low | Volume |
22 Thu Feb 2024 | 51.39 | 51.72 | 52.73 | 51.19 | 0.803 times |
21 Wed Feb 2024 | 51.45 | 50.90 | 52.70 | 50.90 | 0.677 times |
20 Tue Feb 2024 | 51.09 | 51.85 | 51.96 | 51.01 | 0.669 times |
16 Fri Feb 2024 | 52.68 | 53.59 | 54.52 | 52.35 | 0.848 times |
15 Thu Feb 2024 | 54.06 | 56.66 | 56.99 | 53.97 | 0.966 times |
14 Wed Feb 2024 | 56.24 | 52.00 | 56.37 | 50.39 | 1.834 times |
13 Tue Feb 2024 | 57.45 | 57.35 | 58.74 | 55.98 | 1.21 times |
12 Mon Feb 2024 | 59.48 | 57.55 | 60.24 | 57.55 | 1.286 times |
09 Fri Feb 2024 | 57.25 | 55.34 | 57.51 | 54.60 | 0.757 times |
08 Thu Feb 2024 | 55.20 | 53.21 | 55.46 | 52.68 | 1.244 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 50.8 as stoploss in an intra day buy trade for a target of 53.3. However, stock will show a bearish move below 50.8.
Share price targets for Sonic Automotive (SAH)
Target Type | Value |
Downside Target | 41.19 |
Downside Target | 47.09 |
Downside Target | 48.37 |
Upside Target | 52.73 |
Upside Target | 53.35 |
Upside Target | 54.35 |
Upside Target | 56.25 |
Upside Target | 57.30 |
Upside Target | 57.51 |
Upside Target | 58.69 |
Upside Target | 60.24 |
Intraday share price targets for Sonic Automotive (SAH)
Target Type | Value |
Downside Intraday Target | 50.62 |
Downside Intraday Target | 49.84 |
Upside Intraday Target | 52.45 |
Upside Intraday Target | 53.5 |
Upside Intraday Target | 51.67 |
Weekly technical analysis of Sonic Automotive (SAH)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Thu Feb 2024 | 51.39 | 51.85 | 52.73 | 50.90 | 0.35 times |
16 Fri Feb 2024 | 52.68 | 57.55 | 60.24 | 50.39 | 1.875 times |
09 Fri Feb 2024 | 57.25 | 50.18 | 57.51 | 49.80 | 1.551 times |
02 Fri Feb 2024 | 51.23 | 51.56 | 53.35 | 50.06 | 0.84 times |
26 Fri Jan 2024 | 51.72 | 51.11 | 54.35 | 48.91 | 1.533 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 |
22 Thu Feb 2024 | 51.39 | 50.89 | 60.24 | 49.80 | 1.223 times |
31 Wed Jan 2024 | 50.56 | 55.62 | 57.30 | 48.91 | 0.748 times |
29 Fri Dec 2023 | 56.21 | 51.20 | 58.69 | 48.37 | 0.987 times |
30 Thu Nov 2023 | 51.27 | 48.14 | 56.25 | 47.09 | 0.689 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 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 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 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 SELL. 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.
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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 55.21 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 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 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 SELL. 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.
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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 55.21 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.