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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 2024-09-05 View latest technical analysis

10 day averaged volume of Sonoco Products is 864969

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	55.24	54.89	56.66	54.60	0.702 times
04 Wed Sep 2024	54.33	55.44	55.76	54.28	0.707 times
03 Tue Sep 2024	55.60	56.17	56.58	55.52	1.022 times
30 Fri Aug 2024	56.57	55.40	56.77	55.34	1.33 times
30 Fri Aug 2024	56.57	55.40	56.77	55.34	1.33 times
29 Thu Aug 2024	55.34	54.73	55.99	54.34	1.16 times
28 Wed Aug 2024	54.30	53.72	54.68	53.72	0.799 times
27 Tue Aug 2024	53.84	53.29	53.99	53.00	0.845 times
26 Mon Aug 2024	53.45	53.85	54.47	53.43	0.625 times
23 Fri Aug 2024	53.59	52.91	53.77	52.83	0.899 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 55.2, but if it comes below 55.2, then a intra day sell could be more profitable.
If you take a sell trade below 55.2, then use 55.2 as stoploss and 52.67 as target. However if you take a buy trade in stock , then use 55.2 as stoploss and 58.1 as target.

Share price targets for Sonoco Products (SON)

Target Type	Value
Downside Target	48.22
Downside Target	50.00
Downside Target	53.00
Upside Target	55.34
Upside Target	56.66
Upside Target	56.77
Upside Target	61.63
Upside Target	61.73

Intraday share price targets for Sonoco Products (SON)

Target Type	Value
Downside Intraday Target	54.13
Downside Intraday Target	53.01
Upside Intraday Target	56.51
Upside Intraday Target	57.77
Upside Intraday Target	55.39

Weekly technical analysis of Sonoco Products (SON)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	55.24	56.17	56.66	54.28	1.827 times
30 Fri Aug 2024	56.57	55.40	56.77	55.34	0.28 times
30 Fri Aug 2024	56.57	53.85	56.77	53.00	1.011 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

Price has moved down 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
05 Thu Sep 2024	55.24	56.17	56.66	54.28	0.119 times
30 Fri Aug 2024	56.57	51.89	56.77	48.50	1.063 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sonoco Products Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

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

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 55.12 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.