(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 further forecast and predictions for tomorrow