(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 2024-08-14 View latest technical analysis
10 day averaged volume of Sonoco Products is 774077
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 49.77 | 49.49 | 50.06 | 49.36 | 0.675 times |
| 13 Tue Aug 2024 | 49.35 | 49.08 | 49.61 | 48.69 | 0.582 times |
| 12 Mon Aug 2024 | 49.01 | 49.22 | 49.56 | 48.89 | 0.762 times |
| 09 Fri Aug 2024 | 48.99 | 49.00 | 49.27 | 48.50 | 0.604 times |
| 08 Thu Aug 2024 | 49.50 | 49.36 | 49.94 | 49.15 | 0.869 times |
| 07 Wed Aug 2024 | 49.35 | 50.19 | 50.51 | 49.05 | 0.902 times |
| 06 Tue Aug 2024 | 49.81 | 49.58 | 50.82 | 49.38 | 0.888 times |
| 05 Mon Aug 2024 | 49.59 | 50.35 | 50.57 | 49.10 | 1.259 times |
| 02 Fri Aug 2024 | 51.64 | 53.00 | 53.00 | 51.45 | 1.375 times |
| 01 Thu Aug 2024 | 52.67 | 51.89 | 54.59 | 50.51 | 1.298 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 49.6 as stoploss in an intra day buy trade for a target of 51.11. However, stock will show a bearish move below 49.6.
Share price targets for Sonoco Products (SON)
| Target Type | Value |
| Downside Target | 48.22 |
| Upside Target | 50.06 |
| Upside Target | 52.80 |
| Upside Target | 54.59 |
| Upside Target | 54.90 |
| Upside Target | 55.29 |
| Upside Target | 55.61 |
| 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 | 48.95 |
| Downside Intraday Target | 48.14 |
| Upside Intraday Target | 50.32 |
| Upside Intraday Target | 50.88 |
| Downside Intraday Target | 49.51 |
Weekly technical analysis of Sonoco Products (SON)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 49.77 | 49.22 | 50.06 | 48.69 | 0.447 times |
| 09 Fri Aug 2024 | 48.99 | 50.35 | 50.82 | 48.50 | 0.804 times |
| 02 Fri Aug 2024 | 51.64 | 52.36 | 54.90 | 50.51 | 1.44 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 |
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 |
| 14 Wed Aug 2024 | 49.77 | 51.89 | 54.59 | 48.50 | 0.429 times |
| 31 Wed Jul 2024 | 53.92 | 51.04 | 54.90 | 48.22 | 0.861 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 |
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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 and selling is picking up 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 50.23 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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 and selling is picking up 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 50.23 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.