(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 2024-03-22 View latest technical analysis
10 day averaged volume of Sonoco Products is 507470
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 56.43 | 57.38 | 57.54 | 56.30 | 0.882 times |
| 21 Thu Mar 2024 | 57.27 | 56.87 | 57.33 | 56.62 | 0.92 times |
| 20 Wed Mar 2024 | 56.58 | 56.83 | 56.88 | 56.19 | 0.579 times |
| 19 Tue Mar 2024 | 56.90 | 55.98 | 57.05 | 55.98 | 1.219 times |
| 18 Mon Mar 2024 | 55.89 | 56.92 | 56.92 | 55.86 | 1.726 times |
| 15 Fri Mar 2024 | 56.99 | 56.59 | 57.49 | 56.59 | 1.782 times |
| 14 Thu Mar 2024 | 56.86 | 57.61 | 57.63 | 56.49 | 0.875 times |
| 13 Wed Mar 2024 | 57.77 | 57.74 | 58.30 | 57.63 | 1.044 times |
| 12 Tue Mar 2024 | 57.63 | 57.54 | 57.74 | 57.23 | 0.526 times |
| 11 Mon Mar 2024 | 57.53 | 57.22 | 57.90 | 57.11 | 0.737 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 56.4 as stoploss in an intra day buy trade for a target of 56.91. However, stock will show a bearish move below 56.4.
Share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Target | 52.86 |
| Downside Target | 54.63 |
| Upside Target | 57.54 |
| Upside Target | 57.59 |
| Upside Target | 57.80 |
| Upside Target | 57.83 |
| Upside Target | 58.08 |
| Upside Target | 58.30 |
| Upside Target | 58.64 |
| Upside Target | 58.92 |
Intraday share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Intraday Target | 55.68 |
| Downside Intraday Target | 54.93 |
| Upside Intraday Target | 57.36 |
| Upside Intraday Target | 58.29 |
| Upside Intraday Target | 56.61 |
Weekly technical analysis of Sonoco Products (SON)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 56.43 | 56.92 | 57.54 | 55.86 | 1.073 times |
| 15 Fri Mar 2024 | 56.99 | 57.22 | 58.30 | 56.49 | 1.459 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 |
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 |
| 22 Fri Mar 2024 | 56.43 | 56.55 | 58.30 | 55.86 | 0.803 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 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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sonoco Products stock for short term is SELL. 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sonoco Products in short term and SELL 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 56.89 and Sonoco Products (SON) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sonoco Products stock for short term is SELL. 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sonoco Products in short term and SELL 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 56.89 and Sonoco Products (SON) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.