(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 2024-08-22 View latest technical analysis
10 day averaged volume of Sonic Automotive is 190130
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 59.79 | 60.75 | 61.54 | 59.66 | 0.492 times |
| 21 Wed Aug 2024 | 60.95 | 61.76 | 62.09 | 60.87 | 0.748 times |
| 20 Tue Aug 2024 | 61.04 | 62.06 | 62.06 | 60.54 | 0.931 times |
| 19 Mon Aug 2024 | 61.04 | 60.90 | 61.34 | 60.28 | 1.313 times |
| 16 Fri Aug 2024 | 60.83 | 59.29 | 61.36 | 59.27 | 0.807 times |
| 15 Thu Aug 2024 | 59.59 | 58.82 | 60.69 | 58.82 | 1.183 times |
| 14 Wed Aug 2024 | 56.97 | 58.30 | 59.07 | 56.80 | 0.777 times |
| 13 Tue Aug 2024 | 58.08 | 58.57 | 58.91 | 57.36 | 0.774 times |
| 12 Mon Aug 2024 | 57.79 | 59.59 | 60.42 | 57.68 | 1.242 times |
| 09 Fri Aug 2024 | 59.80 | 60.09 | 60.10 | 59.04 | 1.168 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 60.3 as stoploss in an intra day sell trade for a target of 58.81. However, stock will show a bullish move above 60.3.
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 47.82 |
| Downside Target | 51.27 |
| Downside Target | 53.08 |
| Downside Target | 56.80 |
| Downside Target | 59.07 |
| Upside Target | 61.36 |
| Upside Target | 61.46 |
| Upside Target | 61.60 |
| Upside Target | 62.09 |
| Upside Target | 64.68 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 58.94 |
| Downside Intraday Target | 58.08 |
| Upside Intraday Target | 61.37 |
| Upside Intraday Target | 62.94 |
| Upside Intraday Target | 60.51 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 59.79 | 60.90 | 62.09 | 59.66 | 0.729 times |
| 16 Fri Aug 2024 | 60.83 | 59.59 | 61.36 | 56.80 | 0.653 times |
| 09 Fri Aug 2024 | 59.80 | 54.32 | 61.60 | 53.89 | 1.364 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 |
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 Aug 2024 | 59.79 | 59.97 | 62.09 | 53.89 | 0.963 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 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sonic Automotive in short term and the buy signal is strong.
Sonic Automotive Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sonic Automotive in short term but SELL signal is weak.
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 59.61 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 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sonic Automotive in short term and the buy signal is strong.
Sonic Automotive Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sonic Automotive in short term but SELL signal is weak.
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 59.61 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 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.