(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 2024-02-16 View latest technical analysis
10 day averaged volume of Sonoco Products is 392970
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 55.65 | 56.97 | 57.01 | 55.23 | 2.094 times |
| 15 Thu Feb 2024 | 57.21 | 55.73 | 58.64 | 55.12 | 1.891 times |
| 14 Wed Feb 2024 | 56.03 | 55.66 | 56.42 | 55.44 | 1.542 times |
| 13 Tue Feb 2024 | 55.64 | 56.24 | 56.40 | 55.32 | 1.097 times |
| 12 Mon Feb 2024 | 57.10 | 57.04 | 57.56 | 57.01 | 0.889 times |
| 09 Fri Feb 2024 | 56.95 | 56.69 | 56.99 | 56.47 | 0.781 times |
| 08 Thu Feb 2024 | 56.89 | 56.54 | 57.05 | 56.16 | 0.828 times |
| 07 Wed Feb 2024 | 56.53 | 56.78 | 56.78 | 56.14 | 0.768 times |
| 06 Tue Feb 2024 | 56.45 | 56.44 | 56.71 | 56.21 | 0.782 times |
| 05 Mon Feb 2024 | 56.63 | 56.54 | 57.04 | 56.23 | 0.701 times |
Stock of Sonoco Products (SON) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 55.3, for a target of 56.3 or 57.14
Share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Target | 49.98 |
| Downside Target | 52.86 |
| Downside Target | 54.71 |
| Upside Target | 57.11 |
| Upside Target | 57.61 |
| Upside Target | 57.80 |
| Upside Target | 58.64 |
| Upside Target | 58.78 |
| Upside Target | 58.92 |
Intraday share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Intraday Target | 54.3 |
| Downside Intraday Target | 52.95 |
| Upside Intraday Target | 57.82 |
| Upside Intraday Target | 59.99 |
| Upside Intraday Target | 56.47 |
Weekly technical analysis of Sonoco Products (SON)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 55.65 | 57.04 | 58.64 | 55.12 | 1.947 times |
| 09 Fri Feb 2024 | 56.95 | 56.54 | 57.05 | 56.14 | 0.722 times |
| 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 |
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 |
| 16 Fri Feb 2024 | 55.65 | 57.23 | 58.64 | 55.12 | 0.569 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Sonoco Products ( (SON) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Sonoco Products in short term and the sell signal is strong.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 56.43 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Sonoco Products ( (SON) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Sonoco Products in short term and the sell signal is strong.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 56.43 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.