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(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 2024-02-29 View latest technical analysis

10 day averaged volume of Sonoco Products is 575000

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	56.68	56.81	57.11	56.49	1.057 times
28 Wed Feb 2024	56.55	56.06	56.78	55.76	0.899 times
27 Tue Feb 2024	56.35	56.64	56.89	56.20	0.735 times
26 Mon Feb 2024	56.93	57.33	57.59	56.66	0.754 times
23 Fri Feb 2024	57.45	57.83	57.83	57.20	0.763 times
22 Thu Feb 2024	57.61	56.74	57.64	56.55	0.823 times
21 Wed Feb 2024	56.59	56.36	56.89	56.06	0.993 times
20 Tue Feb 2024	56.31	55.00	56.38	54.63	1.255 times
16 Fri Feb 2024	55.65	56.97	57.01	55.23	1.431 times
15 Thu Feb 2024	57.21	55.73	58.64	55.12	1.293 times

My analysis of stock is bearish for shortterm, and stock might move down till 56.2 or till 55.5. Use a stoploss of 56.7 and if the stock hits stoploss, then it can shoot up till 57.23

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	57.59
Upside Target	57.80
Upside Target	57.83
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	55.76
Downside Intraday Target	54.85
Upside Intraday Target	57.59
Upside Intraday Target	58.51
Downside Intraday Target	56.68

Weekly technical analysis of Sonoco Products (SON)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	56.68	57.33	57.59	55.76	0.898 times
23 Fri Feb 2024	57.45	55.00	57.83	54.63	0.747 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

Price has moved down 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
29 Thu Feb 2024	56.68	57.23	58.64	54.63	1.04 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 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 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 to mid 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 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 but the sell signal is initial and weak.

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

Stock of Sonoco Products is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.66 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 positive

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