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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.

10 day averaged volume of Sonic Automotive is 246580

Date Daily Closing Price Open High Low Volume
09 Fri Apr 2021 50.98 50.20 51.28 49.27 0.889 times
08 Thu Apr 2021 50.18 49.48 50.35 48.37 0.546 times
07 Wed Apr 2021 49.29 49.63 49.97 49.00 1.079 times
06 Tue Apr 2021 49.99 50.14 50.80 48.73 0.695 times
05 Mon Apr 2021 50.28 49.63 50.52 48.88 0.766 times
01 Thu Apr 2021 49.12 49.38 49.75 47.38 1.313 times
31 Wed Mar 2021 49.57 50.64 51.82 49.55 1.391 times
30 Tue Mar 2021 50.66 49.34 51.22 49.00 1.114 times
29 Mon Mar 2021 49.34 51.63 53.19 49.34 0.955 times
26 Fri Mar 2021 51.84 50.61 52.09 49.60 1.364 times

My analysis of stock is bearish for shortterm, and stock might move down till 49.1 or till 46.8. Use a stoploss of 51.08 and if the stock hits stoploss, then it can shoot up till 53.04

Share price targets for Sonic Automotive (SAH)

Target Type Value
Downside Target 37.24
Downside Target 39.25
Downside Target 44.26
Downside Target 46.75
Upside Target 51.28
Upside Target 51.92
Upside Target 53.19
Upside Target 53.52
Upside Target 53.99
Upside Target 56.07

Intraday share price targets for Sonic Automotive (SAH)

Target Type Value
Downside Intraday Target 49.14
Downside Intraday Target 47.3
Upside Intraday Target 52.05
Upside Intraday Target 53.12
Downside Intraday Target 50.21

Weekly technical analysis of Sonic Automotive (SAH)

Date Weekly Closing Price Open High Low Volume
09 Fri Apr 2021 50.98 49.63 51.28 48.37 0.833 times
01 Thu Apr 2021 49.12 51.63 53.19 47.38 1.003 times
26 Fri Mar 2021 51.84 52.45 53.52 46.75 0.596 times
19 Fri Mar 2021 52.60 52.84 56.07 51.92 0.983 times
12 Fri Mar 2021 53.05 48.28 53.99 48.08 1.305 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
09 Fri Apr 2021 50.98 49.38 51.28 47.38 0.156 times
31 Wed Mar 2021 49.57 47.00 56.07 44.96 0.979 times
26 Fri Feb 2021 46.11 41.28 48.50 39.25 1.467 times
29 Fri Jan 2021 40.93 38.97 49.21 37.53 1.033 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 20, 18, 6 Buy
MACD 1, 2Sell
Stochastics 52None
CCI 58Buy
RSI 51Buy
OBV 15100Sell
VWAP 50Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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 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 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 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 gaining momentum.

MACD generated a SELL signal for Sonic Automotive in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 50.13 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.

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