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(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 2024-10-15 View latest technical analysis

10 day averaged volume of Sonic Automotive is 130970

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	54.88	54.58	56.20	54.58	0.986 times
14 Mon Oct 2024	54.95	54.33	54.97	54.02	0.851 times
11 Fri Oct 2024	54.62	53.87	54.79	53.65	1.033 times
10 Thu Oct 2024	53.62	53.33	54.12	52.59	1.451 times
09 Wed Oct 2024	53.74	55.76	55.90	53.73	0.936 times
08 Tue Oct 2024	55.82	55.82	56.42	54.85	1.054 times
07 Mon Oct 2024	55.78	56.99	56.99	55.68	0.954 times
04 Fri Oct 2024	57.39	56.53	58.02	56.53	1.345 times
03 Thu Oct 2024	55.45	55.95	55.99	54.88	0.822 times
02 Wed Oct 2024	56.46	57.56	57.93	56.43	0.7 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55, but if it comes above 55, then a intra day buy could be more profitable.
If you take a sell trade below 55, then use 55 as stoploss and 53.1 as target. However if you take a buy trade in stock , then use 55 as stoploss and 56.54 as target.

Share price targets for Sonic Automotive (SAH)

Target Type	Value
Downside Target	51.27
Downside Target	52.56
Upside Target	56.99
Upside Target	58.81
Upside Target	59.01
Upside Target	59.76
Upside Target	60.08
Upside Target	61.46
Upside Target	61.53
Upside Target	63.78

Intraday share price targets for Sonic Automotive (SAH)

Target Type	Value
Downside Intraday Target	53.87
Downside Intraday Target	52.85
Upside Intraday Target	56.05
Upside Intraday Target	57.21
Upside Intraday Target	55.03

Weekly technical analysis of Sonic Automotive (SAH)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	54.88	54.33	56.20	54.02	0.338 times
11 Fri Oct 2024	54.62	56.99	56.99	52.59	1.083 times
04 Fri Oct 2024	57.39	58.49	59.01	54.88	0.871 times
27 Fri Sep 2024	59.06	57.65	59.76	56.32	0.735 times
20 Fri Sep 2024	57.62	56.09	58.81	55.41	0.954 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
15 Tue Oct 2024	54.88	58.18	59.01	52.59	0.4 times
30 Mon Sep 2024	58.48	61.53	61.53	52.56	0.806 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

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 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 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 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 coming down

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 and the buying is gaining 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 55.24 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.