(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 2024-05-21 View latest technical analysis
10 day averaged volume of Sonoco Products is 607071
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 61.45 | 61.29 | 61.63 | 60.75 | 1.257 times |
| 20 Mon May 2024 | 61.29 | 60.23 | 61.29 | 60.13 | 1.519 times |
| 17 Fri May 2024 | 60.28 | 60.16 | 60.40 | 59.52 | 2.149 times |
| 16 Thu May 2024 | 60.02 | 60.19 | 60.22 | 59.63 | 0.696 times |
| 15 Wed May 2024 | 60.24 | 60.88 | 60.93 | 59.98 | 0.695 times |
| 14 Tue May 2024 | 60.60 | 60.00 | 60.70 | 59.77 | 0.853 times |
| 13 Mon May 2024 | 59.70 | 59.06 | 59.88 | 59.06 | 0.763 times |
| 10 Fri May 2024 | 58.97 | 58.93 | 59.03 | 58.58 | 0.681 times |
| 09 Thu May 2024 | 58.85 | 58.35 | 59.01 | 57.85 | 0.711 times |
| 08 Wed May 2024 | 58.73 | 57.93 | 58.82 | 57.55 | 0.657 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 60.2, but if it comes below 60.2, then a intra day sell could be more profitable.
If you take a sell trade below 60.2, then use 60.2 as stoploss and 58.36 as target. However if you take a buy trade in stock , then use 60.2 as stoploss and 62.4 as target.
Share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Target | 54.63 |
| Downside Target | 58.38 |
| Downside Target | 58.64 |
| Downside Target | 58.92 |
| Downside Target | 59.03 |
| Downside Target | 59.06 |
| Downside Target | 60.13 |
| Downside Target | 60.93 |
| Upside Target | 61.63 |
Intraday share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Intraday Target | 60.51 |
| Downside Intraday Target | 59.57 |
| Upside Intraday Target | 62.01 |
| Upside Intraday Target | 62.57 |
| Downside Intraday Target | 61.07 |
Weekly technical analysis of Sonoco Products (SON)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue May 2024 | 61.45 | 60.23 | 61.63 | 60.13 | 0.538 times |
| 17 Fri May 2024 | 60.28 | 59.06 | 60.93 | 59.06 | 1.26 times |
| 10 Fri May 2024 | 58.97 | 57.24 | 59.03 | 56.75 | 0.928 times |
| 03 Fri May 2024 | 56.80 | 56.96 | 57.78 | 55.29 | 1.472 times |
| 26 Fri Apr 2024 | 56.51 | 57.06 | 57.06 | 55.90 | 0.921 times |
Price has moved up 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 |
| 21 Tue May 2024 | 61.45 | 57.19 | 61.63 | 55.29 | 1.043 times |
| 30 Tue Apr 2024 | 56.05 | 57.80 | 58.38 | 55.61 | 0.944 times |
| 28 Thu Mar 2024 | 57.84 | 56.55 | 58.30 | 55.86 | 0.998 times |
| 29 Thu Feb 2024 | 56.68 | 57.23 | 58.64 | 54.63 | 1.04 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 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 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 Sonoco Products ( (SON) ) 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 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 gaining momentum.
MACD generated a BUY signal for Sonoco Products 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.
Sonoco Products 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Sonoco Products in short term and BUY 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
Stock of Sonoco Products is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 60.25 and Sonoco Products (SON) 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 Sonoco Products (SON) stock. Volume based technical analysis of Sonoco Products (SON) stock is negative.
Sonoco Products 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.
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 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 Sonoco Products ( (SON) ) 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 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 gaining momentum.
MACD generated a BUY signal for Sonoco Products 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.
Sonoco Products 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Sonoco Products in short term and BUY 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
Stock of Sonoco Products is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 60.25 and Sonoco Products (SON) 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 Sonoco Products (SON) stock. Volume based technical analysis of Sonoco Products (SON) stock is negative.
Sonoco Products 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.