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(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)

Showing technical analysis as on 2023-03-17 View latest technical analysis

10 day averaged volume of Sobha is 8722

Date Daily Closing Price Open High Low Volume
17 Fri Mar 2023 545.75 534.75 553.75 531.65 1.291 times
16 Thu Mar 2023 529.75 544.95 544.95 526.50 0.946 times
15 Wed Mar 2023 537.65 535.25 546.35 535.25 0.418 times
14 Tue Mar 2023 533.85 543.70 555.05 530.75 1.03 times
13 Mon Mar 2023 547.50 552.90 561.35 544.05 1.055 times
10 Fri Mar 2023 562.20 569.50 569.50 556.95 0.643 times
09 Thu Mar 2023 569.45 570.25 574.90 567.90 0.992 times
08 Wed Mar 2023 571.50 565.40 572.50 559.80 0.562 times
06 Mon Mar 2023 564.45 570.95 574.00 560.80 1.853 times
03 Fri Mar 2023 567.55 563.15 572.50 563.15 1.027 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 547.6, but if it comes above 547.6, then a intra day buy could be more profitable.
If you take a sell trade below 547.6, then use 547.6 as stoploss and 525.2 as target. However if you take a buy trade in stock , then use 547.6 as stoploss and 566.34 as target.

Share price targets for Sobha (Sobha)

Target Type Value
Downside Target 526.50
Upside Target 556.95
Upside Target 585.40
Upside Target 592.20
Upside Target 597.30
Upside Target 601.35
Upside Target 604.00
Upside Target 612.70
Upside Target 623.25
Upside Target 655.80
Upside Target 679.00

Intraday share price targets for Sobha (Sobha)

Target Type Value
Downside Intraday Target 527.72
Downside Intraday Target 509.68
Upside Intraday Target 562.57
Upside Intraday Target 579.38
Downside Intraday Target 544.53

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
17 Fri Mar 2023 545.75 552.90 561.35 526.50 1.17 times
10 Fri Mar 2023 562.20 570.95 574.90 556.95 0.55 times
03 Fri Mar 2023 567.55 572.00 601.35 558.00 2.191 times
24 Fri Feb 2023 579.20 597.30 597.30 563.95 1.025 times
17 Fri Feb 2023 587.40 578.00 592.20 560.05 0.967 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
17 Fri Mar 2023 545.75 579.00 585.40 526.50 0.984 times
28 Tue Feb 2023 578.25 587.70 612.70 560.05 0.287 times
31 Tue Jan 2023 597.40 575.95 623.25 562.05 1.112 times
30 Fri Dec 2022 575.45 622.00 679.00 527.50 2.406 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 neutral. A longer time frame might give a better analysis.

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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Sobha in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sobha Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sobha in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 553.56 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 negative.

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 neutral. A longer time frame might give a better analysis.

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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Sobha in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sobha Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sobha in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 553.56 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Sobha charts

Click here for further forecast and predictions for tomorrow

Daily charts

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