(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 2024-07-10 View latest technical analysis
10 day averaged volume of Sonoco Products is 915880
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Jul 2024 | 48.94 | 48.50 | 49.22 | 48.50 | 0.733 times |
| 09 Tue Jul 2024 | 48.33 | 48.70 | 49.10 | 48.32 | 1.27 times |
| 08 Mon Jul 2024 | 48.98 | 48.96 | 49.37 | 48.84 | 1.167 times |
| 05 Fri Jul 2024 | 48.50 | 49.41 | 49.60 | 48.22 | 1.537 times |
| 03 Wed Jul 2024 | 49.57 | 49.53 | 50.17 | 49.46 | 0.509 times |
| 03 Wed Jul 2024 | 49.57 | 49.53 | 50.17 | 49.46 | 0.509 times |
| 02 Tue Jul 2024 | 49.31 | 50.19 | 50.39 | 49.10 | 0.921 times |
| 01 Mon Jul 2024 | 50.31 | 51.04 | 51.17 | 50.03 | 0.835 times |
| 28 Fri Jun 2024 | 50.72 | 51.67 | 51.99 | 50.51 | 1.203 times |
| 27 Thu Jun 2024 | 51.64 | 51.56 | 52.22 | 51.22 | 0.946 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.1, but if it comes above 49.1, then a intra day buy could be more profitable.
If you take a sell trade below 49.1, then use 49.1 as stoploss and 45 as target. However if you take a buy trade in stock , then use 49.1 as stoploss and 52.58 as target.
Share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Target | 48.22 |
| Upside Target | 53.89 |
| Upside Target | 55.11 |
| Upside Target | 55.29 |
| Upside Target | 55.61 |
| Upside Target | 55.86 |
| Upside Target | 57.81 |
| Upside Target | 58.30 |
| Upside Target | 58.38 |
| Upside Target | 61.63 |
| Upside Target | 61.73 |
Intraday share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Intraday Target | 48.38 |
| Downside Intraday Target | 47.83 |
| Upside Intraday Target | 49.43 |
| Upside Intraday Target | 49.93 |
| Downside Intraday Target | 48.88 |
Weekly technical analysis of Sonoco Products (SON)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Jul 2024 | 48.94 | 48.96 | 49.37 | 48.32 | 1.549 times |
| 05 Fri Jul 2024 | 48.50 | 49.53 | 50.17 | 48.22 | 0.903 times |
| 03 Wed Jul 2024 | 49.57 | 51.04 | 51.17 | 49.10 | 0.334 times |
| 28 Fri Jun 2024 | 50.72 | 54.29 | 55.11 | 50.51 | 0.859 times |
| 21 Fri Jun 2024 | 55.60 | 57.57 | 57.81 | 53.89 | 6.68 times |
Price has moved up 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 |
| 10 Wed Jul 2024 | 48.94 | 51.04 | 51.17 | 48.22 | 0.355 times |
| 28 Fri Jun 2024 | 50.72 | 61.57 | 61.73 | 50.51 | 1.493 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 |
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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.
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 LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Sonoco Products in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 49.5 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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.
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 LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Sonoco Products in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 49.5 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.