SONIC AUTOMOTIVE INC-CLASS A (SAH)

US83545G1022 - Common Stock

56.43  -0.65 (-1.14%)

After market: 56.43 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to SAH. SAH has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

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.
Looking at the yearly performance, SAH did better than 85% of all other stocks. On top of that, SAH also shows a nice and consistent pattern of rising prices.
SAH is part of the Specialty Retail industry. There are 126 other stocks in this industry. SAH outperforms 80% of them.
SAH is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SAH is performing more or less in line with the market.
In the last month SAH has a been trading in the 47.82 - 64.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SAH Weekly chart
SAH Daily chart
Setup Rating and Analysis

3

Although SAH has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

41.29

56.99

3 important support areas can be observed.

  • A support zone ranging from 48.05 to 48.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @44.07 from a trend line in the weekly time frame.
  • Support @41.71 from a horizontal line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.73
Mansfield0.09
10 Day High64.68
10 Day Low48.61
20 Day High64.68
20 Day Low47.82
52 Week High64.68
52 Week Low39.02
Performance
1 Week-9.42%
2 Weeks16.06%
1 Month6.96%
3 Month10.15%
6 Month6.55%
12 Month38.96%
2 Year23.72%
3 Year17%
5 Year223.75%
10 Year114.4%
15 Year493.38%
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)0.68
RSI(14)56.65
LBB44.47
UBB63.28
SAH Daily chart

SONIC AUTOMOTIVE INC-CLASS A

NYSE:SAH (5/3/2024, 7:17:04 PM)

After market: 56.43 0 (0%)

56.43

-0.65 (-1.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-1.14%
1 Week-9.42%
2 Weeks16.06%
1 Month6.96%
3 Month10.15%
6 Month6.55%
12 Month38.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.5
ATR(20)%3.99%
ATR Inc
Range Today1.78
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High64.68
10 Day Low48.61
20 Day High64.68
20 Day Low47.82
52 Week High64.68
52 Week Low39.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume143.60K
Volume Incr5.49%
Vol(5)271.92K
Vol(50)236.32K