(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 2024-02-27 View latest technical analysis
10 day averaged volume of Sonic Automotive is 337360
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 51.46 | 51.34 | 52.25 | 51.21 | 0.751 times |
| 26 Mon Feb 2024 | 50.87 | 51.47 | 52.29 | 50.70 | 0.636 times |
| 23 Fri Feb 2024 | 51.81 | 51.35 | 52.19 | 50.78 | 0.564 times |
| 22 Thu Feb 2024 | 51.39 | 51.72 | 52.73 | 51.19 | 0.852 times |
| 21 Wed Feb 2024 | 51.45 | 50.90 | 52.70 | 50.90 | 0.718 times |
| 20 Tue Feb 2024 | 51.09 | 51.85 | 51.96 | 51.01 | 0.71 times |
| 16 Fri Feb 2024 | 52.68 | 53.59 | 54.52 | 52.35 | 0.9 times |
| 15 Thu Feb 2024 | 54.06 | 56.66 | 56.99 | 53.97 | 1.025 times |
| 14 Wed Feb 2024 | 56.24 | 52.00 | 56.37 | 50.39 | 1.946 times |
| 13 Tue Feb 2024 | 57.45 | 57.35 | 58.74 | 55.98 | 1.284 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 50.6 as stoploss in an intra day buy trade for a target of 53.16. However, stock will show a bearish move below 50.6.
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 41.19 |
| Downside Target | 47.09 |
| Downside Target | 48.37 |
| Upside Target | 52.29 |
| Upside Target | 52.73 |
| Upside Target | 53.35 |
| 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 | 50.68 |
| Downside Intraday Target | 49.89 |
| Upside Intraday Target | 52.27 |
| Upside Intraday Target | 53.07 |
| Upside Intraday Target | 51.48 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 51.46 | 51.47 | 52.29 | 50.70 | 0.488 times |
| 23 Fri Feb 2024 | 51.81 | 51.85 | 52.73 | 50.78 | 0.436 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 |
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 |
| 27 Tue Feb 2024 | 51.46 | 50.89 | 60.24 | 49.80 | 1.405 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short to mid 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 Sonic Automotive ( (SAH) ) based on a mid to longer 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.
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 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 53.62 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 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 Sonic Automotive ( (SAH) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sonic Automotive ( (SAH) ) based on a short to mid 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 Sonic Automotive ( (SAH) ) based on a mid to longer 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.
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 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 53.62 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.