(SobhaghMerc) Sobhagh Merc complete technical analysis [charts+indicators] | Buy/Sell Sobhagh Merc | (SobhaghMerc) share price targets
Complete technical analysis of Sobhagh Merc (SobhaghMerc) by charts plus indicators, forecast predictions and share price targets for Sobhagh Merc (SobhaghMerc)
Showing technical analysis as on 2024-03-27 View latest technical analysis
10 day averaged volume of Sobhagh Merc is 28
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Wed Mar 2024 | 30.56 | 30.56 | 30.56 | 30.56 | 0.179 times |
| 26 Tue Mar 2024 | 29.11 | 29.11 | 29.11 | 29.11 | 0.179 times |
| 22 Fri Mar 2024 | 27.73 | 27.73 | 27.73 | 27.73 | 0.179 times |
| 21 Thu Mar 2024 | 26.41 | 26.41 | 26.41 | 26.41 | 0.179 times |
| 20 Wed Mar 2024 | 25.16 | 25.16 | 25.16 | 25.16 | 0.179 times |
| 18 Mon Mar 2024 | 23.97 | 23.97 | 23.97 | 23.97 | 0.179 times |
| 15 Fri Mar 2024 | 22.83 | 22.83 | 22.83 | 22.83 | 7.75 times |
| 14 Thu Mar 2024 | 21.75 | 21.75 | 21.75 | 21.75 | 0.357 times |
| 13 Wed Mar 2024 | 20.72 | 20.72 | 20.72 | 20.72 | 0.357 times |
| 12 Tue Mar 2024 | 19.74 | 19.74 | 19.74 | 19.74 | 0.357 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 32.3, for a target of 25.6 or 20.03
Share price targets for Sobhagh Merc (SobhaghMerc)
| Target Type | Value |
| Downside Target | 11.04 |
| Downside Target | 11.59 |
| Downside Target | 12.16 |
| Downside Target | 12.76 |
| Downside Target | 13.39 |
| Downside Target | 15.48 |
| Downside Target | 16.25 |
| Downside Target | 17.06 |
| Downside Target | 18.80 |
| Downside Target | 19.74 |
| Downside Target | 22.83 |
| Downside Target | 23.97 |
| Downside Target | 27.73 |
| Downside Target | 29.11 |
| Downside Target | 30.56 |
Intraday share price targets for Sobhagh Merc (SobhaghMerc)
| Target Type | Value |
| Downside Intraday Target | 29.59 |
| Downside Intraday Target | 28.63 |
| Upside Intraday Target | 31.04 |
| Upside Intraday Target | 31.53 |
| Downside Intraday Target | 30.08 |
Weekly technical analysis of Sobhagh Merc (SobhaghMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Wed Mar 2024 | 30.56 | 29.11 | 30.56 | 29.11 | 0.5 times |
| 22 Fri Mar 2024 | 27.73 | 23.97 | 27.73 | 23.97 | 0.081 times |
| 15 Fri Mar 2024 | 22.83 | 19.74 | 22.83 | 19.74 | 8.233 times |
| 07 Thu Mar 2024 | 18.80 | 17.06 | 18.80 | 17.06 | 0.375 times |
| 01 Fri Mar 2024 | 16.25 | 13.39 | 16.25 | 13.39 | 0.32 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Sobhagh Merc (SobhaghMerc)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Wed Mar 2024 | 30.56 | 16.25 | 30.56 | 16.25 | 4.529 times |
| 29 Thu Feb 2024 | 15.48 | 13.39 | 15.48 | 13.39 | 0.02 times |
| 24 Thu Aug 2023 | 12.76 | 12.16 | 12.76 | 12.16 | 138 times |
| 22 Wed Feb 2023 | 11.59 | 11.59 | 11.59 | 11.59 | 1 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Sobhagh Merc (SobhaghMerc)
Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sobhagh Merc stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sobhagh Merc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sobhagh Merc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Sobhagh Merc in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Sobhagh Merc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 23.07 and Sobhagh Merc (SobhaghMerc) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Sobhagh Merc (SobhaghMerc) stock. Volume based technical analysis of Sobhagh Merc (SobhaghMerc) stock is negative.
Sobhagh Merc Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sobhagh Merc stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sobhagh Merc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sobhagh Merc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Sobhagh Merc in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Sobhagh Merc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 23.07 and Sobhagh Merc (SobhaghMerc) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Sobhagh Merc (SobhaghMerc) stock. Volume based technical analysis of Sobhagh Merc (SobhaghMerc) stock is negative.
Sobhagh Merc Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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