(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 2024-01-17 View latest technical analysis
10 day averaged volume of Sonoco Products is 400760
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Jan 2024 | 55.98 | 55.98 | 56.35 | 55.57 | 0.576 times |
| 16 Tue Jan 2024 | 56.49 | 56.71 | 56.77 | 56.00 | 0.813 times |
| 12 Fri Jan 2024 | 56.99 | 57.87 | 58.01 | 56.80 | 0.671 times |
| 12 Fri Jan 2024 | 56.99 | 57.87 | 58.01 | 56.80 | 0.671 times |
| 11 Thu Jan 2024 | 57.49 | 57.36 | 57.62 | 56.91 | 0.67 times |
| 10 Wed Jan 2024 | 57.36 | 57.80 | 57.93 | 57.17 | 0.872 times |
| 09 Tue Jan 2024 | 57.80 | 57.57 | 57.87 | 57.29 | 0.709 times |
| 08 Mon Jan 2024 | 58.04 | 57.77 | 58.36 | 57.59 | 0.881 times |
| 05 Fri Jan 2024 | 58.00 | 56.71 | 58.16 | 56.65 | 2.628 times |
| 04 Thu Jan 2024 | 56.95 | 56.64 | 57.28 | 56.46 | 1.147 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56, but if it comes above 56, then a intra day buy could be more profitable.
If you take a sell trade below 56, then use 56 as stoploss and 55.1 as target. However if you take a buy trade in stock , then use 56 as stoploss and 56.69 as target.
Share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Target | 49.98 |
| Downside Target | 52.86 |
| Downside Target | 54.71 |
| Upside Target | 56.80 |
| Upside Target | 57.80 |
| Upside Target | 57.92 |
| Upside Target | 58.01 |
| Upside Target | 58.16 |
| Upside Target | 58.36 |
Intraday share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Intraday Target | 55.44 |
| Downside Intraday Target | 54.91 |
| Upside Intraday Target | 56.64 |
| Upside Intraday Target | 57.31 |
| Upside Intraday Target | 56.11 |
Weekly technical analysis of Sonoco Products (SON)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Jan 2024 | 55.98 | 56.71 | 56.77 | 55.57 | 2.069 times |
| 12 Fri Jan 2024 | 56.99 | 57.87 | 58.01 | 56.80 | 0.176 times |
| 12 Fri Jan 2024 | 56.99 | 57.77 | 58.36 | 56.80 | 0.642 times |
| 05 Fri Jan 2024 | 58.00 | 55.87 | 58.16 | 55.87 | 6.156 times |
| 29 Fri Dec 2023 | 55.87 | 56.23 | 56.51 | 55.85 | 0.297 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 Sonoco Products (SON)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Wed Jan 2024 | 55.98 | 55.87 | 58.36 | 55.57 | 0.498 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 |
| 31 Tue Oct 2023 | 51.81 | 54.28 | 54.71 | 49.98 | 1.151 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 57.38 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 positive
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 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 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 neutral. A longer time frame might give a better analysis.
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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 57.38 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.