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(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 2024-08-26 View latest technical analysis

10 day averaged volume of Sonoco Products is 684053

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	53.45	53.85	54.47	53.43	0.79 times
23 Fri Aug 2024	53.59	52.91	53.77	52.83	1.137 times
22 Thu Aug 2024	52.79	51.61	52.94	51.44	1.621 times
21 Wed Aug 2024	51.50	50.00	51.55	50.00	1.552 times
20 Tue Aug 2024	50.57	50.57	50.86	50.40	0.821 times
19 Mon Aug 2024	50.83	50.93	51.64	50.75	0.824 times
16 Fri Aug 2024	50.85	50.46	50.91	49.84	0.864 times
15 Thu Aug 2024	50.83	50.26	51.10	50.26	0.896 times
14 Wed Aug 2024	49.77	49.49	50.06	49.36	0.764 times
13 Tue Aug 2024	49.35	49.08	49.61	48.69	0.658 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 52.7, but if it comes below 52.7, then a intra day sell could be more profitable.
If you take a sell trade below 52.7, then use 52.7 as stoploss and 51.06 as target. However if you take a buy trade in stock , then use 52.7 as stoploss and 54.7 as target.

Share price targets for Sonoco Products (SON)

Target Type	Value
Downside Target	48.22
Downside Target	50.00
Downside Target	53.43
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	53.1
Downside Intraday Target	52.74
Upside Intraday Target	54.14
Upside Intraday Target	54.82
Upside Intraday Target	53.78

Weekly technical analysis of Sonoco Products (SON)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	53.45	53.85	54.47	53.43	0.133 times
23 Fri Aug 2024	53.59	50.93	53.77	50.00	1.472 times
16 Fri Aug 2024	50.85	49.22	51.10	48.69	0.791 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

Price has moved down 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
26 Mon Aug 2024	53.45	51.89	54.59	48.50	0.778 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 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 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 gaining 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Sonoco Products in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 51.58 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.