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Stock Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

Sonic Automotive, Inc. (NYSE:SAH)

Strong Downtrend (-100) - SAH is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SAH continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SAH?

MarketClub looks at technical strength and momentum to determine if the timing is right for SAH.

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Open High Low SAH Price Change
47.85 48.49 46.51 46.62 -1.14
Entry Signal

MarketClub’s Trade Triangles for SAH

long term down The long-term trend has been DOWN since Apr 27th, 2023 at 46.51

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2023 at 51.27

short term down The short-term trend has been DOWN since Oct 2nd, 2023 at 47.06

Smart Scan Analysis for SAH

Based on our trend formula, SAH is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SAH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.85 48.49 46.51 46.62 -1.14
Prev. Close Volume Bid Ask Time
46.60 194837 2023-10-02 15:59:59
Year High23.6Year High Date2018-06-22
Year Low15.49Year Low Date2018-11-28
52wk High62.2652wk High Date2023-02-15
52wk Low39.0252wk Low Date2023-05-16
Year End Close20.89Average Volume262,033
Shares Outstanding35,442Short Interest2,516,179
% Institutional61.9Market Cap1,384M
P/E Ratio40.1345Beta1.9
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