(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 18788
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 1640.40 | 1701.75 | 1710.00 | 1624.00 | 0.871 times |
| 10 Fri May 2024 | 1698.85 | 1769.75 | 1814.00 | 1677.30 | 0.537 times |
| 09 Thu May 2024 | 1751.20 | 1825.00 | 1835.20 | 1722.45 | 0.36 times |
| 08 Wed May 2024 | 1818.35 | 1826.50 | 1872.70 | 1803.00 | 0.756 times |
| 07 Tue May 2024 | 1824.05 | 1929.90 | 1962.85 | 1786.25 | 1.587 times |
| 06 Mon May 2024 | 1942.50 | 1872.95 | 1954.00 | 1819.95 | 2.348 times |
| 03 Fri May 2024 | 1856.40 | 1868.40 | 1968.85 | 1841.40 | 2.245 times |
| 02 Thu May 2024 | 1843.45 | 1788.15 | 1856.00 | 1758.00 | 0.948 times |
| 30 Tue Apr 2024 | 1776.65 | 1725.05 | 1780.80 | 1725.05 | 0.391 times |
| 29 Mon Apr 2024 | 1748.95 | 1745.75 | 1765.00 | 1728.00 | 0.257 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1622.2 as stoploss in an intra day buy trade for a target of 1722.81. However, stock will show a bearish move below 1622.2.
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 989.30 |
| Downside Target | 1207.40 |
| Downside Target | 1258.95 |
| Downside Target | 1426.85 |
| Downside Target | 1501.05 |
| Downside Target | 1577.35 |
| Downside Target | 1624.00 |
| Upside Target | 1725.05 |
| Upside Target | 1798.00 |
| Upside Target | 1962.85 |
| Upside Target | 1968.85 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1606.27 |
| Downside Intraday Target | 1572.13 |
| Upside Intraday Target | 1692.27 |
| Upside Intraday Target | 1744.13 |
| Upside Intraday Target | 1658.13 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 1640.40 | 1701.75 | 1710.00 | 1624.00 | 0.156 times |
| 10 Fri May 2024 | 1698.85 | 1872.95 | 1962.85 | 1677.30 | 1.455 times |
| 03 Fri May 2024 | 1856.40 | 1745.75 | 1968.85 | 1725.05 | 0.738 times |
| 26 Fri Apr 2024 | 1751.70 | 1589.00 | 1798.00 | 1589.00 | 1.605 times |
| 19 Fri Apr 2024 | 1579.15 | 1501.05 | 1636.00 | 1501.05 | 0.811 times |
Price has moved down 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 |
| 13 Mon May 2024 | 1640.40 | 1788.15 | 1968.85 | 1624.00 | 0.58 times |
| 30 Tue Apr 2024 | 1776.65 | 1437.60 | 1798.00 | 1426.85 | 0.821 times |
| 28 Thu Mar 2024 | 1444.25 | 1589.95 | 1655.20 | 1207.40 | 0.941 times |
| 29 Thu Feb 2024 | 1566.10 | 1447.90 | 1677.60 | 1258.95 | 0.247 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Sobha ( (Sobha) ) based on a mid to longer 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.
ADX buy sell signal for Sobha stock for short term is SELL. Signal strength is Weak and stock is gaining 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 coming down
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 1831.21 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Sobha ( (Sobha) ) based on a mid to longer 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.
ADX buy sell signal for Sobha stock for short term is SELL. Signal strength is Weak and stock is gaining 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 coming down
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 1831.21 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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