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(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 2024-12-20 View latest technical analysis

10 day averaged volume of Sonic Automotive is 106489

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	63.00	62.49	64.49	62.49	3.399 times
19 Thu Dec 2024	63.05	64.51	64.77	62.61	1.295 times
18 Wed Dec 2024	63.40	65.97	66.61	62.96	1.113 times
17 Tue Dec 2024	65.41	66.96	67.65	65.38	0.913 times
16 Mon Dec 2024	67.17	66.00	67.52	65.83	0.708 times
13 Fri Dec 2024	66.52	67.54	68.26	65.89	0.936 times
12 Thu Dec 2024	67.59	67.43	67.84	66.61	0.668 times
11 Wed Dec 2024	67.20	67.60	68.43	66.50	1.193 times
10 Tue Dec 2024	67.23	67.20	67.96	66.40	1.083 times
09 Mon Dec 2024	67.17	68.02	68.19	67.13	0.78 times

Stock of Sonic Automotive (SAH) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 63.2, but if it comes above 63.2, then a intra day buy could be more profitable.
If you take a sell trade below 63.2, then use 63.2 as stoploss and 60.3 as target. However if you take a buy trade in stock , then use 63.2 as stoploss and 65.62 as target.

Share price targets for Sonic Automotive (SAH)

Target Type	Value
Downside Target	52.56
Downside Target	53.89
Downside Target	56.75
Downside Target	60.55
Upside Target	63.78
Upside Target	65.89
Upside Target	67.21
Upside Target	67.65
Upside Target	68.43
Upside Target	69.64
Upside Target	70.88

Intraday share price targets for Sonic Automotive (SAH)

Target Type	Value
Downside Intraday Target	61.11
Downside Intraday Target	59.22
Upside Intraday Target	66.27
Upside Intraday Target	69.54
Upside Intraday Target	64.38

Weekly technical analysis of Sonic Automotive (SAH)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	63.00	66.00	67.65	62.49	1.594 times
13 Fri Dec 2024	66.52	68.02	68.43	65.89	3.555 times
26 Tue Nov 2024	69.43	68.38	69.64	67.21	0.369 times
26 Tue Nov 2024	69.43	67.57	70.88	67.21	0.566 times
22 Fri Nov 2024	66.57	64.13	66.73	61.03	0.722 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sonic Automotive (SAH)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	63.00	68.02	68.43	62.49	0.375 times
26 Tue Nov 2024	69.43	57.51	70.88	56.75	0.921 times
31 Thu Oct 2024	56.73	58.18	60.55	52.59	1.036 times
30 Mon Sep 2024	58.48	61.53	61.53	52.56	0.806 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 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 Sonic Automotive ( (SAH) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Sonic Automotive in short term but the sell signal is initial and weak.

Sonic Automotive Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Sonic Automotive in short term and SELL signal is strong!

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 65.06 and Sonic Automotive (SAH) 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 Sonic Automotive (SAH) stock. Volume based technical analysis of Sonic Automotive (SAH) stock is negative.

Sonic Automotive Stock has given negative 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.