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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 2023-08-29 View latest technical analysis

10 day averaged volume of Sobha is 31820

Date Daily Closing Price Open High Low Volume
29 Tue Aug 2023 607.10 604.00 614.00 602.90 0.754 times
28 Mon Aug 2023 600.70 592.50 602.00 589.70 1.6 times
25 Fri Aug 2023 589.15 589.55 594.30 583.30 0.387 times
24 Thu Aug 2023 585.85 583.15 587.50 580.05 0.787 times
23 Wed Aug 2023 582.05 575.05 587.35 575.05 1.163 times
22 Tue Aug 2023 577.30 583.75 590.00 575.00 1.699 times
21 Mon Aug 2023 579.85 580.05 586.70 576.80 0.237 times
18 Fri Aug 2023 578.15 569.45 588.00 569.45 1.468 times
17 Thu Aug 2023 569.85 560.05 575.00 560.05 0.537 times
16 Wed Aug 2023 559.85 561.50 566.80 556.40 0.487 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 598, but if it comes below 598, then a intra day sell could be more profitable.
If you take a sell trade below 598, then use 598 as stoploss and 584.49 as target. However if you take a buy trade in stock , then use 598 as stoploss and 614.3 as target.

Share price targets for Sobha (Sobha)

Target Type Value
Downside Target 429.10
Downside Target 459.05
Downside Target 476.70
Downside Target 521.80
Downside Target 535.05
Downside Target 554.85
Downside Target 589.95
Downside Target 594.30
Upside Target 610.00
Upside Target 614.00
Upside Target 622.90
Upside Target 629.95
Upside Target 648.45

Intraday share price targets for Sobha (Sobha)

Target Type Value
Downside Intraday Target 593.2
Downside Intraday Target 579.3
Upside Intraday Target 617.5
Upside Intraday Target 627.9
Downside Intraday Target 603.6

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
29 Tue Aug 2023 607.10 592.50 614.00 589.70 0.551 times
25 Fri Aug 2023 589.15 580.05 594.30 575.00 1.035 times
18 Fri Aug 2023 578.15 576.95 588.00 554.85 0.79 times
11 Fri Aug 2023 567.90 597.00 610.00 565.30 0.851 times
04 Fri Aug 2023 594.75 628.00 629.95 582.00 0.4 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
29 Tue Aug 2023 607.10 622.90 622.90 554.85 0.526 times
31 Mon Jul 2023 619.65 539.00 648.45 535.05 1.049 times
30 Fri Jun 2023 536.90 526.55 589.95 521.80 1.033 times
31 Wed May 2023 520.35 460.05 569.80 459.05 2.128 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 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 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 to mid 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 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 negative zone. This is the SELL zone

Stock of Sobha is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 584.55 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 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 to mid 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 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 negative zone. This is the SELL zone

Stock of Sobha is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 584.55 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

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