(Sobha) Sobha complete technical analysis [charts+indicators] | Buy/Sell Sobha | (Sobha) share price targets
Complete technical analysis of Sobha (Sobha) by charts plus indicators, forecast predictions and share price targets for Sobha (Sobha)
10 day averaged volume of Sobha is 59337
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon May 2023 | 507.50 | 512.25 | 514.65 | 505.25 | 0.597 times |
| 26 Fri May 2023 | 506.80 | 510.05 | 516.50 | 505.35 | 0.459 times |
| 25 Thu May 2023 | 510.50 | 511.85 | 518.35 | 505.35 | 0.187 times |
| 24 Wed May 2023 | 516.10 | 518.90 | 523.80 | 514.65 | 0.128 times |
| 23 Tue May 2023 | 518.90 | 514.00 | 532.00 | 514.00 | 0.497 times |
| 22 Mon May 2023 | 518.40 | 518.05 | 530.40 | 514.20 | 0.197 times |
| 19 Fri May 2023 | 518.00 | 522.45 | 528.35 | 505.05 | 1.08 times |
| 18 Thu May 2023 | 522.75 | 536.35 | 542.70 | 521.00 | 1.207 times |
| 17 Wed May 2023 | 538.65 | 540.05 | 553.95 | 530.05 | 0.812 times |
| 16 Tue May 2023 | 540.60 | 552.40 | 558.20 | 535.55 | 1.187 times |
My analysis of stock is bullish for shortterm, and stock might move up till 529.6 or till 559.8. Use a stoploss of 504.46 and if this stock hits its stoploss, then it can fall down till 479.33
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 412.40 |
| Downside Target | 429.10 |
| Downside Target | 459.05 |
| Downside Target | 476.70 |
| Downside Target | 493.55 |
| Downside Target | 505.25 |
| Upside Target | 532.00 |
| Upside Target | 560.05 |
| Upside Target | 562.05 |
| Upside Target | 569.80 |
| Upside Target | 585.40 |
| Upside Target | 612.70 |
| Upside Target | 623.25 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 503.62 |
| Downside Intraday Target | 499.73 |
| Upside Intraday Target | 513.02 |
| Upside Intraday Target | 518.53 |
| Upside Intraday Target | 509.13 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon May 2023 | 507.50 | 512.25 | 514.65 | 505.25 | 0.407 times |
| 26 Fri May 2023 | 506.80 | 518.05 | 532.00 | 505.35 | 0.172 times |
| 19 Fri May 2023 | 518.00 | 500.30 | 569.80 | 493.55 | 2.447 times |
| 12 Fri May 2023 | 496.45 | 466.05 | 515.00 | 466.00 | 3.579 times |
| 05 Fri May 2023 | 465.05 | 460.05 | 477.00 | 459.05 | 0.547 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 Sobha (Sobha)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Mon May 2023 | 507.50 | 460.05 | 569.80 | 459.05 | 1.628 times |
| 28 Fri Apr 2023 | 456.15 | 435.00 | 476.70 | 429.10 | 0.519 times |
| 31 Fri Mar 2023 | 430.60 | 579.00 | 585.40 | 412.40 | 8.593 times |
| 28 Tue Feb 2023 | 578.25 | 587.70 | 612.70 | 560.05 | 0.287 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 Sobha (Sobha)
Price action analysis of Sobha ( (Sobha) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sobha ( (Sobha) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sobha ( (Sobha) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Sobha ( (Sobha) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sobha stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sobha in short term but the sell signal is initial and weak.
Sobha Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Sobha in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Sobha is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 523.79 and Sobha (Sobha) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Sobha (Sobha) stock. Volume based technical analysis of Sobha (Sobha) stock is negative.
Sobha Stock has given negative 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 Sobha ( (Sobha) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sobha ( (Sobha) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sobha ( (Sobha) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Sobha ( (Sobha) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sobha stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sobha in short term but the sell signal is initial and weak.
Sobha Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Sobha in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Sobha is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 523.79 and Sobha (Sobha) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Sobha (Sobha) stock. Volume based technical analysis of Sobha (Sobha) stock is negative.
Sobha Stock has given negative 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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