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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)

10 day averaged volume of Sobha is 19240

Date Daily Closing Price Open High Low Volume
24 Wed Apr 2024 1723.65 1734.35 1766.65 1704.95 1.022 times
23 Tue Apr 2024 1717.55 1639.25 1744.20 1630.00 1.606 times
22 Mon Apr 2024 1620.05 1589.00 1660.45 1589.00 1.323 times
19 Fri Apr 2024 1579.15 1600.90 1604.10 1563.45 0.292 times
18 Thu Apr 2024 1612.20 1607.65 1636.00 1590.00 0.792 times
16 Tue Apr 2024 1608.10 1568.05 1618.95 1568.05 0.717 times
15 Mon Apr 2024 1590.05 1501.05 1610.00 1501.05 1.366 times
12 Fri Apr 2024 1601.35 1659.35 1659.35 1597.65 1.144 times
10 Wed Apr 2024 1646.00 1566.85 1659.70 1566.85 0.556 times
09 Tue Apr 2024 1598.70 1549.70 1688.35 1549.70 1.463 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1744.8, for a target of 1649.7 or 1570.51

Share price targets for Sobha (Sobha)

Target Type Value
Downside Target 909.00
Downside Target 989.30
Downside Target 1088.00
Downside Target 1207.40
Downside Target 1258.95
Downside Target 1411.30
Downside Target 1501.05
Downside Target 1577.35
Downside Target 1636.00
Downside Target 1655.20
Downside Target 1677.60
Downside Target 1688.35
Upside Target 1766.65

Intraday share price targets for Sobha (Sobha)

Target Type Value
Downside Intraday Target 1619.55
Downside Intraday Target 1515.45
Upside Intraday Target 1797.2
Upside Intraday Target 1870.75
Downside Intraday Target 1693.1

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
24 Wed Apr 2024 1723.65 1589.00 1766.65 1589.00 1.247 times
19 Fri Apr 2024 1579.15 1501.05 1636.00 1501.05 0.811 times
12 Fri Apr 2024 1601.35 1558.00 1688.35 1530.30 1.129 times
05 Fri Apr 2024 1555.70 1437.60 1597.65 1426.85 2.485 times
28 Thu Mar 2024 1444.25 1472.45 1517.00 1411.30 0.171 times

Price has moved up 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
24 Wed Apr 2024 1723.65 1437.60 1766.65 1426.85 0.732 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
31 Wed Jan 2024 1446.90 1005.30 1577.35 989.30 2.246 times

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sobha ( (Sobha) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sobha ( (Sobha) ) based on a short to mid 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.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sobha in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sobha in short term and BUY 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 1635.27 and Sobha (Sobha) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Sobha (Sobha) stock. Volume based technical analysis of Sobha (Sobha) stock is negative.

Sobha Stock is giving positive 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sobha ( (Sobha) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sobha ( (Sobha) ) based on a short to mid 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.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sobha in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sobha in short term and BUY 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 1635.27 and Sobha (Sobha) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Sobha (Sobha) stock. Volume based technical analysis of Sobha (Sobha) stock is negative.

Sobha Stock is giving positive 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.

Click here for Sobha charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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