(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 2024-02-02 View latest technical analysis
10 day averaged volume of Sonoco Products is 400520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 56.95 | 56.92 | 57.26 | 56.24 | 0.707 times |
| 01 Thu Feb 2024 | 57.40 | 57.23 | 57.49 | 56.80 | 0.75 times |
| 31 Wed Jan 2024 | 56.90 | 58.46 | 58.61 | 56.87 | 2.007 times |
| 30 Tue Jan 2024 | 58.45 | 57.93 | 58.78 | 57.50 | 0.985 times |
| 29 Mon Jan 2024 | 58.12 | 58.08 | 58.22 | 57.73 | 0.793 times |
| 26 Fri Jan 2024 | 58.31 | 58.19 | 58.31 | 57.78 | 0.632 times |
| 25 Thu Jan 2024 | 57.89 | 58.21 | 58.39 | 57.44 | 0.746 times |
| 24 Wed Jan 2024 | 57.53 | 58.19 | 58.51 | 57.45 | 0.712 times |
| 23 Tue Jan 2024 | 57.97 | 58.72 | 58.92 | 57.86 | 1.164 times |
| 22 Mon Jan 2024 | 58.29 | 57.35 | 58.33 | 57.11 | 1.242 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 56.8 as stoploss in an intra day buy trade for a target of 57.46. However, stock will show a bearish move below 56.8.
Share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Target | 49.98 |
| Downside Target | 52.86 |
| Downside Target | 54.71 |
| Upside Target | 57.49 |
| Upside Target | 57.61 |
| Upside Target | 57.80 |
| Upside Target | 58.01 |
| Upside Target | 58.36 |
| Upside Target | 58.78 |
| Upside Target | 58.92 |
Intraday share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Intraday Target | 55.87 |
| Downside Intraday Target | 54.78 |
| Upside Intraday Target | 58.41 |
| Upside Intraday Target | 59.86 |
| Upside Intraday Target | 57.32 |
Weekly technical analysis of Sonoco Products (SON)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 56.95 | 58.08 | 58.78 | 56.24 | 1.166 times |
| 26 Fri Jan 2024 | 58.31 | 57.35 | 58.92 | 57.11 | 1.283 times |
| 19 Fri Jan 2024 | 57.36 | 56.71 | 57.61 | 55.57 | 5.217 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 |
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 |
| 02 Fri Feb 2024 | 56.95 | 57.23 | 57.49 | 56.24 | 0.066 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 |
| 30 Thu Nov 2023 | 55.16 | 54.02 | 55.78 | 52.86 | 0.81 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 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 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 losing 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 but selling is losing 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 57.72 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 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 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 losing 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 but selling is losing 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 57.72 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.