(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 2024-06-17 View latest technical analysis
10 day averaged volume of Sonoco Products is 482320
Date | Daily Closing Price | Open | High | Low | Volume |
17 Mon Jun 2024 | 57.59 | 57.29 | 57.66 | 56.80 | 0.728 times |
14 Fri Jun 2024 | 57.28 | 57.42 | 57.62 | 56.69 | 0.971 times |
13 Thu Jun 2024 | 57.88 | 58.04 | 58.33 | 57.68 | 1.085 times |
12 Wed Jun 2024 | 58.21 | 59.34 | 59.34 | 58.01 | 1.203 times |
11 Tue Jun 2024 | 58.82 | 58.97 | 59.29 | 58.45 | 1.091 times |
10 Mon Jun 2024 | 59.16 | 59.31 | 59.62 | 58.49 | 0.799 times |
07 Fri Jun 2024 | 59.70 | 59.60 | 60.33 | 59.41 | 0.887 times |
06 Thu Jun 2024 | 60.03 | 61.06 | 61.13 | 59.84 | 1.035 times |
05 Wed Jun 2024 | 60.95 | 61.04 | 61.25 | 60.52 | 0.842 times |
04 Tue Jun 2024 | 61.08 | 61.04 | 61.57 | 60.57 | 0.897 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.5, but if it comes above 58.5, then a intra day buy could be more profitable.
If you take a sell trade below 58.5, then use 58.5 as stoploss and 56.9 as target. However if you take a buy trade in stock , then use 58.5 as stoploss and 59.88 as target.
Share price targets for Sonoco Products (SON)
Target Type | Value |
Downside Target | 54.63 |
Upside Target | 58.64 |
Upside Target | 59.41 |
Upside Target | 59.62 |
Upside Target | 60.13 |
Upside Target | 61.56 |
Upside Target | 61.63 |
Upside Target | 61.73 |
Intraday share price targets for Sonoco Products (SON)
Target Type | Value |
Downside Intraday Target | 57.04 |
Downside Intraday Target | 56.49 |
Upside Intraday Target | 57.9 |
Upside Intraday Target | 58.21 |
Downside Intraday Target | 57.35 |
Weekly technical analysis of Sonoco Products (SON)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Mon Jun 2024 | 57.59 | 57.29 | 57.66 | 56.80 | 0.141 times |
14 Fri Jun 2024 | 57.28 | 59.31 | 59.62 | 56.69 | 1.062 times |
07 Fri Jun 2024 | 59.70 | 61.57 | 61.73 | 59.41 | 0.936 times |
31 Fri May 2024 | 61.37 | 60.61 | 61.56 | 58.56 | 0.82 times |
24 Fri May 2024 | 60.61 | 60.23 | 61.63 | 60.13 | 0.974 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 |
17 Mon Jun 2024 | 57.59 | 61.57 | 61.73 | 56.69 | 0.4 times |
31 Fri May 2024 | 61.37 | 57.19 | 61.63 | 55.29 | 1.487 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 |
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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Sonoco Products stock for short term is SELL. 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 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 moving up
CCI has generated a buy signal for Sonoco Products in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 59.03 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Sonoco Products stock for short term is SELL. 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 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 moving up
CCI has generated a buy signal for Sonoco Products in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 59.03 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.