(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 2024-03-12 View latest technical analysis
10 day averaged volume of Sonoco Products is 412080
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 57.63 | 57.54 | 57.74 | 57.23 | 0.648 times |
| 11 Mon Mar 2024 | 57.53 | 57.22 | 57.90 | 57.11 | 0.907 times |
| 08 Fri Mar 2024 | 57.55 | 57.68 | 58.08 | 57.45 | 0.729 times |
| 07 Thu Mar 2024 | 57.50 | 57.07 | 57.54 | 56.83 | 0.641 times |
| 06 Wed Mar 2024 | 56.56 | 57.04 | 57.12 | 56.21 | 1.073 times |
| 05 Tue Mar 2024 | 56.78 | 56.57 | 57.16 | 56.42 | 0.862 times |
| 04 Mon Mar 2024 | 56.70 | 56.93 | 57.35 | 56.68 | 0.886 times |
| 01 Fri Mar 2024 | 56.71 | 56.55 | 56.80 | 56.25 | 1.147 times |
| 29 Thu Feb 2024 | 56.68 | 56.81 | 57.11 | 56.49 | 1.475 times |
| 28 Wed Feb 2024 | 56.55 | 56.06 | 56.78 | 55.76 | 1.255 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 57.4, but if it comes below 57.4, then a intra day sell could be more profitable.
If you take a sell trade below 57.4, then use 57.4 as stoploss and 56.8 as target. However if you take a buy trade in stock , then use 57.4 as stoploss and 58.1 as target.
Share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Target | 52.86 |
| Downside Target | 54.63 |
| Downside Target | 57.59 |
| Upside Target | 57.80 |
| Upside Target | 57.83 |
| Upside Target | 57.90 |
| Upside Target | 58.08 |
| Upside Target | 58.64 |
| Upside Target | 58.92 |
Intraday share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Intraday Target | 57.19 |
| Downside Intraday Target | 56.76 |
| Upside Intraday Target | 57.98 |
| Upside Intraday Target | 58.34 |
| Downside Intraday Target | 57.55 |
Weekly technical analysis of Sonoco Products (SON)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 57.63 | 57.22 | 57.90 | 57.11 | 0.371 times |
| 08 Fri Mar 2024 | 57.55 | 56.93 | 58.08 | 56.21 | 0.704 times |
| 01 Fri Mar 2024 | 56.71 | 57.33 | 57.59 | 55.76 | 1.113 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 |
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 |
| 12 Tue Mar 2024 | 57.63 | 56.55 | 58.08 | 56.21 | 0.307 times |
| 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 |
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 Sonoco Products (SON)
Price action analysis of Sonoco Products ( (SON) ) 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 Sonoco Products ( (SON) ) 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 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 BUY signal for Sonoco Products 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.
Sonoco Products Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 56.93 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 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 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 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 BUY signal for Sonoco Products 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.
Sonoco Products Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 56.93 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.