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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 2024-10-29 View latest technical analysis

10 day averaged volume of Sonoco Products is 625190

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	52.39	52.94	53.15	52.37	0.884 times
28 Mon Oct 2024	53.27	53.20	53.69	53.00	0.819 times
25 Fri Oct 2024	53.08	53.44	53.59	52.82	0.801 times
24 Thu Oct 2024	53.09	53.05	53.20	52.73	1.186 times
23 Wed Oct 2024	52.69	52.83	53.15	52.44	0.966 times
22 Tue Oct 2024	52.52	52.31	52.82	52.10	0.754 times
21 Mon Oct 2024	52.33	52.98	53.05	52.32	1.087 times
18 Fri Oct 2024	52.96	53.66	53.66	52.88	0.868 times
17 Thu Oct 2024	53.44	54.28	54.59	52.89	1.869 times
16 Wed Oct 2024	54.24	54.89	55.33	54.21	0.799 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 52.7, but if it comes above 52.7, then a intra day buy could be more profitable.
If you take a sell trade below 52.7, then use 52.7 as stoploss and 51.9 as target. However if you take a buy trade in stock , then use 52.7 as stoploss and 53.39 as target.

Share price targets for Sonoco Products (SON)

Target Type	Value
Downside Target	48.22
Downside Target	50.51
Downside Target	52.10
Upside Target	54.35
Upside Target	54.72
Upside Target	54.90
Upside Target	55.33
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	51.94
Downside Intraday Target	51.5
Upside Intraday Target	53.26
Upside Intraday Target	54.14
Upside Intraday Target	52.82

Weekly technical analysis of Sonoco Products (SON)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	52.39	53.20	53.69	52.37	0.355 times
25 Fri Oct 2024	53.08	52.98	53.59	52.10	0.947 times
18 Fri Oct 2024	52.96	54.27	55.33	52.88	1.191 times
11 Fri Oct 2024	54.20	53.35	54.35	52.37	1.287 times
04 Fri Oct 2024	53.76	54.11	54.72	52.98	0.609 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
29 Tue Oct 2024	52.39	54.72	55.33	52.10	0.684 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 gaining momentum.

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

Sonoco Products Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sonoco Products in short term and SELL signal is strong!

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

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 53.02 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.