SONIC AUTOMOTIVE INC-CLASS A (SAH) Stock Technical Analysis
NYSE:SAH - New York Stock Exchange, Inc. - US83545G1022 - Common Stock - Currency: USD
Overall SAH gets a technical rating of 9 out of 10. In the last year, SAH was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month SAH has a been trading in the 68.20 - 76.78 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, SAH did better than 84% 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 120 other stocks in this industry. SAH outperforms 77% of them.
SAH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SAH is lagging the market slightly.
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.
More info and screens
56.19
75.99
When analyzing the support we can see 5 important areas.
- A support zone ranging from 67.79 to 68.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 61.68 to 63.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @59.67 from a trend line in the weekly time frame.
- Support @57.88 from a trend line in the weekly time frame.
- Support @56.76 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 72.68 to 75.24. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS84.58
Mansfield0.69
10 Day High76.78
10 Day Low68.2
20 Day High76.78
20 Day Low68.2
52 Week High76.78
52 Week Low47.82
Performance
1 Week-6.77%
2 Weeks-8.52%
1 Month-0.77%
3 Month3.03%
6 Month9.64%
12 Month32.39%
2 Year20.57%
3 Year27.7%
5 Year144.96%
10 Year177.36%
15 Year565.92%
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)-0.71
RSI(14)41.7
LBB69.89
UBB76.37
68.59
-3.72 (-5.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-5.14%
1 Week-6.77%
2 Weeks-8.52%
1 Month-0.77%
3 Month3.03%
6 Month9.64%
12 Month32.39%
2 Year20.57%
3 Year27.7%
5 Year144.96%
10 Year177.36%
15 Year565.92%
Volatility
ATR(14)2.49
ATR(20)%3.41%
ATR Inc34.57%
Range Today4.97
ADR(20)2.18
ADR(20)%3.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.58
Mansfield0.69
10 Day High76.78
10 Day Low68.2
20 Day High76.78
20 Day Low68.2
52 Week High76.78
52 Week Low47.82
CS1 End68.55
CR1 Start72.68
Volume & EV
DER(3)0.64%
DER(5)0.59%
Volume209.40K
Volume Incr-16.87%
Vol(5)172.32K
Vol(50)171.17K