Sonic Automotive (SAH, $56.19) price may drop as it broke higher Bollinger Band on Mar 27, 2024

A.I.dvisor
at Tickeron.com
03/28/24
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SAH - Sonic Automotive
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $56.19
Daily change: +$2.08 (+3.84%)
Daily volume: 192.9K
Capitalization: $1.9B
Industry: Specialty Stores
This price move could be a signal that SAH may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 50 similar cases where SAH's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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SAHDaily Signal changed days agoGain/Loss if shorted
 
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General Information

an automotive retailer

Industry SpecialtyStores

Profile
Fundamentals
Details
Industry
Specialty Stores
Address
4401 Colwick Road
Phone
+1 704 566-2400
Employees
10500
Web
https://www.sonicautomotive.com