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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 2024-10-04 View latest technical analysis

10 day averaged volume of Sonoco Products is 921300

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	53.76	53.71	54.06	53.17	0.328 times
03 Thu Oct 2024	53.32	53.34	53.81	52.98	0.342 times
02 Wed Oct 2024	53.62	54.08	54.65	53.45	0.4 times
01 Tue Oct 2024	54.32	54.72	54.72	54.15	0.366 times
30 Mon Sep 2024	54.63	54.11	54.68	53.75	0.804 times
27 Fri Sep 2024	54.21	54.66	54.80	53.84	0.662 times
26 Thu Sep 2024	54.34	54.06	54.60	53.80	0.668 times
25 Wed Sep 2024	53.61	54.55	54.70	53.44	0.728 times
24 Tue Sep 2024	54.27	54.47	55.22	54.23	0.559 times
23 Mon Sep 2024	54.29	54.67	54.77	53.96	1.063 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 53.8, but if it comes above 53.8, then a intra day buy could be more profitable.
If you take a sell trade below 53.8, then use 53.8 as stoploss and 53 as target. However if you take a buy trade in stock , then use 53.8 as stoploss and 54.41 as target.

Share price targets for Sonoco Products (SON)

Target Type	Value
Downside Target	48.22
Downside Target	50.51
Downside Target	52.77
Upside Target	54.90
Upside Target	55.22
Upside Target	55.57
Upside Target	56.36
Upside Target	56.66
Upside Target	56.77
Upside Target	61.73

Intraday share price targets for Sonoco Products (SON)

Target Type	Value
Downside Intraday Target	52.92
Downside Intraday Target	52.08
Upside Intraday Target	54.66
Upside Intraday Target	55.56
Upside Intraday Target	53.82

Weekly technical analysis of Sonoco Products (SON)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	53.76	54.11	54.72	52.98	0.609 times
27 Fri Sep 2024	54.21	54.67	55.22	53.44	0.502 times
20 Fri Sep 2024	54.54	55.30	56.36	53.67	2.353 times
13 Fri Sep 2024	55.07	54.97	55.57	52.77	1.101 times
06 Fri Sep 2024	55.02	56.17	56.66	54.28	2.267 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
04 Fri Oct 2024	53.76	54.72	54.72	52.98	0.081 times
30 Mon Sep 2024	54.63	56.17	56.66	52.77	0.926 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

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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Sonoco Products in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 54.12 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.