(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 2024-08-06 View latest technical analysis
10 day averaged volume of Sonic Automotive is 234570
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 57.57 | 59.75 | 59.75 | 57.49 | 0.702 times |
| 05 Mon Aug 2024 | 57.78 | 54.32 | 61.60 | 53.89 | 2.398 times |
| 02 Fri Aug 2024 | 55.89 | 55.74 | 56.24 | 54.49 | 1.218 times |
| 01 Thu Aug 2024 | 58.34 | 59.97 | 60.40 | 56.93 | 0.922 times |
| 31 Wed Jul 2024 | 59.54 | 57.51 | 61.46 | 56.97 | 0.867 times |
| 30 Tue Jul 2024 | 57.48 | 56.95 | 57.84 | 56.15 | 0.568 times |
| 29 Mon Jul 2024 | 56.74 | 58.22 | 59.04 | 56.44 | 0.776 times |
| 26 Fri Jul 2024 | 58.30 | 57.85 | 59.07 | 55.98 | 0.677 times |
| 25 Thu Jul 2024 | 57.06 | 56.55 | 57.25 | 55.69 | 0.732 times |
| 24 Wed Jul 2024 | 56.41 | 55.26 | 57.28 | 55.26 | 0.833 times |
My analysis of stock is bullish for shortterm, and stock might move up till 58.7 or till 60.6. Use a stoploss of 57.03 and if this stock hits its stoploss, then it can fall down till 55.41
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 47.82 |
| Downside Target | 51.27 |
| Downside Target | 53.08 |
| Downside Target | 57.09 |
| Upside Target | 59.07 |
| Upside Target | 60.36 |
| Upside Target | 60.59 |
| Upside Target | 61.46 |
| Upside Target | 61.60 |
| Upside Target | 64.68 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 53.77 |
| Downside Intraday Target | 49.98 |
| Upside Intraday Target | 61.48 |
| Upside Intraday Target | 65.4 |
| Upside Intraday Target | 57.69 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 57.57 | 54.32 | 61.60 | 53.89 | 0.712 times |
| 02 Fri Aug 2024 | 55.89 | 58.22 | 61.46 | 54.49 | 1.183 times |
| 26 Fri Jul 2024 | 58.30 | 57.42 | 59.07 | 55.18 | 0.959 times |
| 19 Fri Jul 2024 | 57.10 | 56.58 | 60.36 | 55.93 | 0.983 times |
| 12 Fri Jul 2024 | 56.69 | 52.49 | 57.09 | 51.27 | 6.301 times |
Price has moved up 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 |
| 06 Tue Aug 2024 | 57.57 | 59.97 | 61.60 | 53.89 | 0.342 times |
| 31 Wed Jul 2024 | 59.54 | 54.48 | 61.46 | 51.27 | 1.012 times |
| 28 Fri Jun 2024 | 54.47 | 57.21 | 60.08 | 53.08 | 0.943 times |
| 31 Fri May 2024 | 56.67 | 57.71 | 60.59 | 54.58 | 0.642 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sonic Automotive ( (SAH) ) based on a mid to longer 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.
ADX buy sell signal for Sonic Automotive stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Sonic Automotive in short term and the buy signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Sonic Automotive in short term and BUY 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 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 57.5 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sonic Automotive ( (SAH) ) based on a mid to longer 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.
ADX buy sell signal for Sonic Automotive stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Sonic Automotive in short term and the buy signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Sonic Automotive in short term and BUY 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 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 57.5 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.