(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 2023-03-21 View latest technical analysis
10 day averaged volume of Sobha is 9202
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue Mar 2023 | 519.40 | 531.90 | 532.55 | 516.30 | 1.879 times |
| 20 Mon Mar 2023 | 530.30 | 538.00 | 543.40 | 524.30 | 1.669 times |
| 17 Fri Mar 2023 | 545.75 | 534.75 | 553.75 | 531.65 | 1.224 times |
| 16 Thu Mar 2023 | 529.75 | 544.95 | 544.95 | 526.50 | 0.896 times |
| 15 Wed Mar 2023 | 537.65 | 535.25 | 546.35 | 535.25 | 0.396 times |
| 14 Tue Mar 2023 | 533.85 | 543.70 | 555.05 | 530.75 | 0.977 times |
| 13 Mon Mar 2023 | 547.50 | 552.90 | 561.35 | 544.05 | 1 times |
| 10 Fri Mar 2023 | 562.20 | 569.50 | 569.50 | 556.95 | 0.609 times |
| 09 Thu Mar 2023 | 569.45 | 570.25 | 574.90 | 567.90 | 0.94 times |
| 08 Wed Mar 2023 | 571.50 | 565.40 | 572.50 | 559.80 | 0.533 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 514.1, for a target of 539.1 or 559.94
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 516.30 |
| Upside Target | 543.40 |
| Upside Target | 556.95 |
| Upside Target | 585.40 |
| 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 | 509.33 |
| Downside Intraday Target | 499.27 |
| Upside Intraday Target | 536.43 |
| Upside Intraday Target | 553.47 |
| Upside Intraday Target | 526.37 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue Mar 2023 | 519.40 | 538.00 | 543.40 | 516.30 | 0.79 times |
| 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 |
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 |
| 21 Tue Mar 2023 | 519.40 | 579.00 | 585.40 | 516.30 | 1.249 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 gaining momentum.
MACD generated a SELL signal for Sobha in short term and the sell signal is strong.
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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 540.15 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 gaining momentum.
MACD generated a SELL signal for Sobha in short term and the sell signal is strong.
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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 540.15 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.
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