(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 2024-03-19 View latest technical analysis
10 day averaged volume of Sonic Automotive is 227030
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 52.45 | 51.60 | 53.06 | 51.60 | 0.944 times |
| 18 Mon Mar 2024 | 52.15 | 53.00 | 53.78 | 52.12 | 1.093 times |
| 15 Fri Mar 2024 | 52.73 | 51.55 | 52.78 | 51.55 | 1.604 times |
| 14 Thu Mar 2024 | 51.77 | 52.31 | 52.41 | 51.13 | 0.844 times |
| 13 Wed Mar 2024 | 52.50 | 52.12 | 53.35 | 52.12 | 0.627 times |
| 12 Tue Mar 2024 | 52.34 | 52.36 | 53.11 | 51.89 | 0.477 times |
| 11 Mon Mar 2024 | 52.18 | 51.89 | 52.69 | 51.57 | 0.477 times |
| 08 Fri Mar 2024 | 52.16 | 54.80 | 55.54 | 51.95 | 1.025 times |
| 07 Thu Mar 2024 | 53.89 | 51.71 | 54.36 | 51.71 | 1.154 times |
| 06 Wed Mar 2024 | 51.45 | 51.63 | 52.38 | 51.06 | 1.752 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 52.7 as stoploss in an intra day sell trade for a target of 51.97. However, stock will show a bullish move above 52.7.
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 47.09 |
| Downside Target | 48.37 |
| Upside Target | 52.73 |
| Upside Target | 53.42 |
| Upside Target | 53.78 |
| Upside Target | 55.54 |
| Upside Target | 56.25 |
| Upside Target | 57.30 |
| Upside Target | 58.69 |
| Upside Target | 60.24 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 51.44 |
| Downside Intraday Target | 50.43 |
| Upside Intraday Target | 53.62 |
| Upside Intraday Target | 54.79 |
| Upside Intraday Target | 52.61 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 52.45 | 53.00 | 53.78 | 51.60 | 0.506 times |
| 15 Fri Mar 2024 | 52.73 | 51.89 | 53.35 | 51.13 | 0.664 times |
| 08 Fri Mar 2024 | 52.16 | 52.37 | 55.54 | 50.82 | 1.1 times |
| 01 Fri Mar 2024 | 52.50 | 51.47 | 53.42 | 50.70 | 1.305 times |
| 23 Fri Feb 2024 | 51.81 | 51.85 | 52.73 | 50.78 | 0.436 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 |
| 19 Tue Mar 2024 | 52.45 | 52.29 | 55.54 | 50.82 | 0.524 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 |
| 29 Fri Dec 2023 | 56.21 | 51.20 | 58.69 | 48.37 | 0.987 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 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 Sonic Automotive ( (SAH) ) 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sonic Automotive in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sonic Automotive 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. 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 SELL signal for Sonic Automotive in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 52.35 and Sonic Automotive (SAH) 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 Sonic Automotive (SAH) stock. Volume based technical analysis of Sonic Automotive (SAH) stock is negative.
Sonic Automotive 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 Sonic Automotive ( (SAH) ) 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 Sonic Automotive ( (SAH) ) 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sonic Automotive in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sonic Automotive 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. 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 SELL signal for Sonic Automotive in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 52.35 and Sonic Automotive (SAH) 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 Sonic Automotive (SAH) stock. Volume based technical analysis of Sonic Automotive (SAH) stock is negative.
Sonic Automotive 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.