(SON) Sonoco Products complete technical analysis [charts+indicators] | Buy/Sell Sonoco Products | (SON) share price targets
Complete technical analysis of Sonoco Products (SON) by charts plus indicators, forecast predictions and share price targets for Sonoco Products (SON)
Sonoco Products trades in USA in Consumer Durables sector.
Showing technical analysis as on 2024-02-21 View latest technical analysis
10 day averaged volume of Sonoco Products is 491570
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 56.59 | 56.36 | 56.89 | 56.06 | 1.162 times |
| 20 Tue Feb 2024 | 56.31 | 55.00 | 56.38 | 54.63 | 1.469 times |
| 16 Fri Feb 2024 | 55.65 | 56.97 | 57.01 | 55.23 | 1.674 times |
| 15 Thu Feb 2024 | 57.21 | 55.73 | 58.64 | 55.12 | 1.512 times |
| 14 Wed Feb 2024 | 56.03 | 55.66 | 56.42 | 55.44 | 1.233 times |
| 13 Tue Feb 2024 | 55.64 | 56.24 | 56.40 | 55.32 | 0.877 times |
| 12 Mon Feb 2024 | 57.10 | 57.04 | 57.56 | 57.01 | 0.711 times |
| 09 Fri Feb 2024 | 56.95 | 56.69 | 56.99 | 56.47 | 0.624 times |
| 08 Thu Feb 2024 | 56.89 | 56.54 | 57.05 | 56.16 | 0.662 times |
| 07 Wed Feb 2024 | 56.53 | 56.78 | 56.78 | 56.14 | 0.614 times |
My analysis of stock is bearish for shortterm, and stock might move down till 56.2 or till 55.3. Use a stoploss of 56.98 and if the stock hits stoploss, then it can shoot up till 57.76
Share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Target | 49.98 |
| Downside Target | 52.86 |
| Downside Target | 54.63 |
| Upside Target | 57.05 |
| Upside Target | 57.11 |
| Upside Target | 57.80 |
| Upside Target | 58.64 |
| Upside Target | 58.78 |
| Upside Target | 58.92 |
Intraday share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Intraday Target | 55.18 |
| Downside Intraday Target | 53.78 |
| Upside Intraday Target | 57.44 |
| Upside Intraday Target | 58.3 |
| Downside Intraday Target | 56.04 |
Weekly technical analysis of Sonoco Products (SON)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 56.59 | 55.00 | 56.89 | 54.63 | 0.438 times |
| 16 Fri Feb 2024 | 55.65 | 57.04 | 58.64 | 55.12 | 1.947 times |
| 09 Fri Feb 2024 | 56.95 | 56.54 | 57.05 | 56.14 | 0.722 times |
| 02 Fri Feb 2024 | 56.95 | 58.08 | 58.78 | 56.24 | 1.166 times |
| 26 Fri Jan 2024 | 58.31 | 57.35 | 58.92 | 57.11 | 1.283 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 Sonoco Products (SON)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 56.59 | 57.23 | 58.64 | 54.63 | 0.714 times |
| 31 Wed Jan 2024 | 56.90 | 55.87 | 58.92 | 55.57 | 0.937 times |
| 29 Fri Dec 2023 | 55.87 | 55.03 | 57.80 | 53.35 | 1.127 times |
| 30 Thu Nov 2023 | 55.16 | 54.02 | 55.78 | 52.86 | 0.81 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 Sonoco Products (SON)
Price action analysis of Sonoco Products ( (SON) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sonoco Products ( (SON) ) 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 Sonoco Products ( (SON) ) 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 Sonoco Products ( (SON) ) 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 Sonoco Products stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sonoco Products in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sonoco Products 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 getting stronger in this stock.
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 Sonoco Products in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Sonoco Products is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 56.42 and Sonoco Products (SON) 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 Sonoco Products (SON) stock. Volume based technical analysis of Sonoco Products (SON) stock is negative.
Sonoco Products Stock is giving positive 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.
Price action analysis of Sonoco Products ( (SON) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sonoco Products ( (SON) ) 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 Sonoco Products ( (SON) ) 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 Sonoco Products ( (SON) ) 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 Sonoco Products stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sonoco Products in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sonoco Products 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 getting stronger in this stock.
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 Sonoco Products in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Sonoco Products is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 56.42 and Sonoco Products (SON) 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 Sonoco Products (SON) stock. Volume based technical analysis of Sonoco Products (SON) stock is negative.
Sonoco Products Stock is giving positive 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.