(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 2024-07-29 View latest technical analysis
10 day averaged volume of Sonoco Products is 573855
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 52.48 | 52.36 | 52.85 | 52.18 | 1.056 times |
| 26 Fri Jul 2024 | 52.36 | 52.32 | 53.17 | 52.15 | 0.879 times |
| 25 Thu Jul 2024 | 51.81 | 51.18 | 52.16 | 51.18 | 1.233 times |
| 24 Wed Jul 2024 | 51.26 | 51.99 | 52.33 | 51.21 | 0.957 times |
| 23 Tue Jul 2024 | 51.90 | 51.68 | 52.33 | 51.03 | 1.357 times |
| 22 Mon Jul 2024 | 51.80 | 52.00 | 52.04 | 51.22 | 0.842 times |
| 19 Fri Jul 2024 | 51.88 | 52.08 | 52.28 | 51.40 | 0.906 times |
| 18 Thu Jul 2024 | 51.92 | 51.84 | 52.80 | 51.60 | 0.911 times |
| 17 Wed Jul 2024 | 52.14 | 51.16 | 52.26 | 50.65 | 1.245 times |
| 16 Tue Jul 2024 | 51.29 | 50.79 | 51.78 | 50.64 | 0.7 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 52, but if it comes below 52, then a intra day sell could be more profitable.
If you take a sell trade below 52, then use 52 as stoploss and 50.65 as target. However if you take a buy trade in stock , then use 52 as stoploss and 53.7 as target.
Share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Target | 48.22 |
| Downside Target | 50.17 |
| Downside Target | 52.18 |
| Upside Target | 53.17 |
| Upside Target | 55.29 |
| Upside Target | 55.61 |
| Upside Target | 55.86 |
| 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 | 52.16 |
| Downside Intraday Target | 51.83 |
| Upside Intraday Target | 52.83 |
| Upside Intraday Target | 53.17 |
| Upside Intraday Target | 52.5 |
Weekly technical analysis of Sonoco Products (SON)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 52.48 | 52.36 | 52.85 | 52.18 | 0.2 times |
| 26 Fri Jul 2024 | 52.36 | 52.00 | 53.17 | 51.03 | 1.113 times |
| 19 Fri Jul 2024 | 51.88 | 50.88 | 52.80 | 50.51 | 0.582 times |
| 12 Fri Jul 2024 | 50.88 | 48.96 | 51.04 | 48.32 | 2.489 times |
| 05 Fri Jul 2024 | 48.50 | 49.53 | 50.17 | 48.22 | 0.903 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 |
| 29 Mon Jul 2024 | 52.48 | 51.04 | 53.17 | 48.22 | 0.774 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 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 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sonoco Products in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Sonoco Products in short term but SELL 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 51.91 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 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 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sonoco Products in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Sonoco Products in short term but SELL 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 51.91 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.