SONIC AUTOMOTIVE INC-CLASS A (SAH) Stock Technical Analysis
NYSE:SAH - New York Stock Exchange, Inc. - US83545G1022 - Common Stock - Currency: USD
Taking everything into account, SAH scores 4 out of 10 in our technical rating. SAH has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SAH is one of the better performing stocks in the Specialty Retail industry, it outperforms 73% of 121 stocks in the same industry.
In the last month SAH has a been trading in the 52.00 - 64.22 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, SAH turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
SAH is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is only medium, SAH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 62.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 60.49, a Stop Loss order could be placed below this zone.
More info and screens
53.00
63.86
When analyzing the support we can see 4 important areas.
- A support zone ranging from 59.53 to 60.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @58.53 from a horizontal line in the daily time frame.
- A support zone ranging from 54.62 to 56.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @53.54 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 62.75 to 63.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.03
Mansfield0.27
10 Day High63.39
10 Day Low55.94
20 Day High64.22
20 Day Low52
52 Week High76.78
52 Week Low51.27
Performance
1 Week4.15%
2 Weeks6.83%
1 Month11.64%
3 Month-15.5%
6 Month9.86%
12 Month11.18%
2 Year51.4%
3 Year37.56%
5 Year138.74%
10 Year169.85%
15 Year534.38%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.62
RSI(14)58.1
LBB57.14
UBB62.73
62.74
+0.96 (+1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.55%
1 Week4.15%
2 Weeks6.83%
1 Month11.64%
3 Month-15.5%
6 Month9.86%
12 Month11.18%
2 Year51.4%
3 Year37.56%
5 Year138.74%
10 Year169.85%
15 Year534.38%
Volatility
ATR(14)2.35
ATR(20)%5.17%
ATR Inc-39.56%
Range Today1.44
ADR(20)3.08
ADR(20)%4.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.03
Mansfield0.27
10 Day High63.39
10 Day Low55.94
20 Day High64.22
20 Day Low52
52 Week High76.78
52 Week Low51.27
CS1 End60.49
CR1 Start62.75
Volume & EV
DER(3)-1.07%
DER(5)0.36%
Volume184.40K
Volume Incr-36.92%
Vol(5)209.72K
Vol(50)270.29K