(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.
10 day averaged volume of Sonic Automotive is 258180
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 62.30 | 59.50 | 64.68 | 58.46 | 3.165 times |
| 25 Thu Apr 2024 | 56.67 | 55.43 | 57.75 | 54.25 | 2.324 times |
| 24 Wed Apr 2024 | 51.12 | 50.46 | 51.54 | 50.46 | 0.843 times |
| 23 Tue Apr 2024 | 50.90 | 49.77 | 51.07 | 49.77 | 0.626 times |
| 22 Mon Apr 2024 | 49.36 | 48.95 | 49.63 | 48.61 | 1.235 times |
| 19 Fri Apr 2024 | 48.62 | 47.82 | 49.22 | 47.82 | 0.796 times |
| 18 Thu Apr 2024 | 48.06 | 48.77 | 49.58 | 48.06 | 0.725 times |
| 17 Wed Apr 2024 | 48.62 | 50.12 | 50.12 | 48.60 | 0.73 times |
| 16 Tue Apr 2024 | 49.56 | 48.86 | 49.75 | 48.36 | 0.764 times |
| 15 Mon Apr 2024 | 49.35 | 50.37 | 50.62 | 49.03 | 1.028 times |
Stock of Sonic Automotive (SAH) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 59.5, for a target of 55.5 or 52.09
Share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Target | 47.82 |
| Downside Target | 51.99 |
| Downside Target | 53.75 |
| Downside Target | 56.98 |
| Downside Target | 57.30 |
| Downside Target | 57.44 |
| Downside Target | 58.69 |
| Downside Target | 60.24 |
| Upside Target | 64.68 |
Intraday share price targets for Sonic Automotive (SAH)
| Target Type | Value |
| Downside Intraday Target | 52.38 |
| Downside Intraday Target | 42.46 |
| Upside Intraday Target | 68.45 |
| Upside Intraday Target | 74.6 |
| Downside Intraday Target | 58.53 |
Weekly technical analysis of Sonic Automotive (SAH)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 62.30 | 48.95 | 64.68 | 48.61 | 2.027 times |
| 19 Fri Apr 2024 | 48.62 | 50.37 | 50.62 | 47.82 | 0.846 times |
| 12 Fri Apr 2024 | 49.90 | 53.23 | 53.75 | 49.25 | 1.617 times |
| 05 Fri Apr 2024 | 52.76 | 56.98 | 56.98 | 51.99 | 1.367 times |
| 28 Thu Mar 2024 | 56.94 | 54.52 | 57.44 | 53.78 | 0.554 times |
Price has moved up 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 |
| 26 Fri Apr 2024 | 62.30 | 56.98 | 64.68 | 47.82 | 1.268 times |
| 28 Thu Mar 2024 | 56.94 | 52.29 | 57.44 | 50.82 | 0.718 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 |
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 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sonic Automotive Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 54.14 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 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sonic Automotive Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 54.14 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.