(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 2024-09-13 View latest technical analysis
10 day averaged volume of Sonic Automotive is 178890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 55.96 | 54.91 | 57.07 | 54.63 | 0.88 times |
| 12 Thu Sep 2024 | 54.37 | 54.64 | 55.34 | 53.66 | 0.887 times |
| 11 Wed Sep 2024 | 53.54 | 53.51 | 53.91 | 52.56 | 1.077 times |
| 10 Tue Sep 2024 | 54.08 | 58.67 | 58.67 | 52.64 | 1.843 times |
| 09 Mon Sep 2024 | 57.36 | 57.59 | 57.87 | 57.16 | 1.325 times |
| 06 Fri Sep 2024 | 57.71 | 58.08 | 58.70 | 57.07 | 0.949 times |
| 05 Thu Sep 2024 | 58.54 | 59.61 | 59.61 | 58.29 | 0.703 times |
| 04 Wed Sep 2024 | 59.07 | 60.11 | 60.11 | 58.93 | 0.503 times |
| 03 Tue Sep 2024 | 60.28 | 61.53 | 61.53 | 60.21 | 1.034 times |
| 30 Fri Aug 2024 | 62.34 | 62.50 | 62.72 | 61.86 | 0.84 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.5, but if it comes above 56.5, then a intra day buy could be more profitable.
If you take a sell trade below 56.5, then use 56.5 as stoploss and 52.9 as target. However if you take a buy trade in stock , then use 56.5 as stoploss and 59.55 as target.
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 51.27 |
| Downside Target | 52.56 |
| Upside Target | 57.07 |
| Upside Target | 58.67 |
| Upside Target | 61.46 |
| Upside Target | 61.53 |
| Upside Target | 61.86 |
| Upside Target | 62.72 |
| Upside Target | 62.98 |
| Upside Target | 63.78 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 52.79 |
| Downside Intraday Target | 49.62 |
| Upside Intraday Target | 58.9 |
| Upside Intraday Target | 61.84 |
| Downside Intraday Target | 55.73 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 55.96 | 57.59 | 58.67 | 52.56 | 1.885 times |
| 06 Fri Sep 2024 | 57.71 | 61.53 | 61.53 | 57.07 | 3.795 times |
| 30 Fri Aug 2024 | 62.34 | 62.50 | 62.72 | 61.86 | 0.223 times |
| 30 Fri Aug 2024 | 62.34 | 63.00 | 63.78 | 61.19 | 0.81 times |
| 23 Fri Aug 2024 | 62.56 | 60.90 | 62.98 | 59.66 | 0.916 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sonic Automotive (SAH)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 55.96 | 61.53 | 61.53 | 52.56 | 0.369 times |
| 30 Fri Aug 2024 | 62.34 | 59.97 | 63.78 | 53.89 | 1.24 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 |
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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sonic Automotive stock for short term is SELL. Signal strength is Strong 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 SELL signal in short term but selling is losing 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 56.88 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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sonic Automotive stock for short term is SELL. Signal strength is Strong 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 SELL signal in short term but selling is losing 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 56.88 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.