Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

Showing technical analysis as on 2024-04-01 View latest technical analysis

10 day averaged volume of Sonic Automotive is 192970

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	56.17	56.98	56.98	55.92	0.642 times
28 Thu Mar 2024	56.94	56.20	57.44	56.20	0.766 times
27 Wed Mar 2024	56.19	54.63	56.40	54.54	1.004 times
26 Tue Mar 2024	54.11	54.54	54.91	53.98	0.624 times
25 Mon Mar 2024	54.07	54.52	54.98	53.78	0.497 times
22 Fri Mar 2024	54.31	54.40	54.73	53.65	1.098 times
21 Thu Mar 2024	54.54	54.09	55.25	53.55	1.051 times
20 Wed Mar 2024	53.99	52.41	54.35	52.19	0.677 times
19 Tue Mar 2024	52.45	51.60	53.06	51.60	1.111 times
18 Mon Mar 2024	52.15	53.00	53.78	52.12	1.286 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 55, but if it comes below 55, then a intra day sell could be more profitable.
If you take a sell trade below 55, then use 55 as stoploss and 53.33 as target. However if you take a buy trade in stock , then use 55 as stoploss and 57 as target.

Share price targets for Sonic Automotive (SAH)

Target Type	Value
Downside Target	48.37
Downside Target	50.82
Downside Target	53.35
Downside Target	55.25
Downside Target	55.92
Upside Target	56.98
Upside Target	57.30
Upside Target	57.44
Upside Target	58.69
Upside Target	60.24

Intraday share price targets for Sonic Automotive (SAH)

Target Type	Value
Downside Intraday Target	55.73
Downside Intraday Target	55.3
Upside Intraday Target	56.79
Upside Intraday Target	57.42
Upside Intraday Target	56.36

Weekly technical analysis of Sonic Automotive (SAH)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	56.17	56.98	56.98	55.92	0.222 times
28 Thu Mar 2024	56.94	54.52	57.44	53.78	0.554 times
22 Fri Mar 2024	54.31	53.00	55.25	51.60	1.102 times
15 Fri Mar 2024	52.73	51.89	53.35	51.13	0.664 times
08 Fri Mar 2024	52.16	52.37	55.54	50.82	1.1 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 Sonic Automotive (SAH)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	56.17	56.98	56.98	55.92	0.03 times
28 Thu Mar 2024	56.94	52.29	57.44	50.82	0.718 times
29 Thu Feb 2024	52.50	50.89	60.24	49.80	1.564 times
31 Wed Jan 2024	50.56	55.62	57.30	48.91	0.748 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 Sonic Automotive (SAH)

Price action analysis of Sonic Automotive ( (SAH) ) 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 Sonic Automotive ( (SAH) ) 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Sonic Automotive 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.

Sonic Automotive Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

CCI has generated a SELL signal for Sonic Automotive in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sonic Automotive is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 54.31 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.