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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 2023-03-28 View latest technical analysis

10 day averaged volume of Sobha is 89965

Date Daily Closing Price Open High Low Volume
28 Tue Mar 2023 419.65 430.10 432.45 416.80 0.342 times
27 Mon Mar 2023 429.55 440.75 440.75 422.65 0.323 times
24 Fri Mar 2023 431.20 438.05 452.00 429.30 1.428 times
23 Thu Mar 2023 436.45 458.55 473.35 434.00 4.765 times
22 Wed Mar 2023 452.85 520.00 520.00 430.05 2.764 times
21 Tue Mar 2023 519.40 531.90 532.55 516.30 0.192 times
20 Mon Mar 2023 530.30 538.00 543.40 524.30 0.171 times
17 Fri Mar 2023 545.75 534.75 553.75 531.65 0.125 times
16 Thu Mar 2023 529.75 544.95 544.95 526.50 0.092 times
15 Wed Mar 2023 537.65 535.25 546.35 535.25 0.04 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 404.5, for a target of 468.9 or 522.48

Share price targets for Sobha (Sobha)

Target Type Value
Downside Target 416.80
Upside Target 429.30
Upside Target 440.75
Upside Target 526.50
Upside Target 543.40
Upside Target 556.95
Upside Target 574.90
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 410.72
Downside Intraday Target 401.78
Upside Intraday Target 434.67
Upside Intraday Target 449.68
Upside Intraday Target 425.73

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
28 Tue Mar 2023 419.65 440.75 440.75 416.80 0.071 times
24 Fri Mar 2023 431.20 538.00 543.40 429.30 20.283 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

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
28 Tue Mar 2023 419.65 579.00 585.40 416.80 8.28 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, 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 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 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 445.06 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 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 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 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 445.06 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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