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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 24618

Date Daily Closing Price Open High Low Volume
01 Fri Mar 2024 1596.65 1589.95 1618.30 1557.85 0.86 times
29 Thu Feb 2024 1566.10 1553.35 1599.20 1538.95 0.472 times
28 Wed Feb 2024 1552.00 1631.95 1634.85 1504.20 1.474 times
27 Tue Feb 2024 1621.85 1577.80 1677.60 1560.45 1.202 times
26 Mon Feb 2024 1577.05 1461.15 1632.10 1461.15 1.182 times
23 Fri Feb 2024 1460.05 1490.10 1507.10 1440.95 0.332 times
22 Thu Feb 2024 1481.10 1478.05 1494.50 1433.95 1.479 times
21 Wed Feb 2024 1480.45 1383.70 1516.00 1383.70 1.538 times
20 Tue Feb 2024 1384.90 1402.80 1430.95 1380.00 0.244 times
19 Mon Feb 2024 1398.15 1412.25 1460.00 1390.15 0.142 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1540.5, but if it comes below 1540.5, then a intra day sell could be more profitable.
If you take a sell trade below 1540.5, then use 1540.5 as stoploss and 1458.12 as target. However if you take a buy trade in stock , then use 1540.5 as stoploss and 1639.4 as target.

Share price targets for Sobha (Sobha)

Target Type Value
Downside Target 712.30
Downside Target 909.00
Downside Target 989.30
Downside Target 1088.00
Downside Target 1258.95
Downside Target 1344.65
Downside Target 1380.00
Downside Target 1453.00
Downside Target 1516.00
Downside Target 1557.85
Downside Target 1577.35
Upside Target 1618.30
Upside Target 1677.60

Intraday share price targets for Sobha (Sobha)

Target Type Value
Downside Intraday Target 1479.33
Downside Intraday Target 1362.02
Upside Intraday Target 1695.78
Upside Intraday Target 1794.92
Downside Intraday Target 1578.47

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
01 Fri Mar 2024 1596.65 1461.15 1677.60 1461.15 1.39 times
23 Fri Feb 2024 1460.05 1412.25 1516.00 1380.00 1.099 times
16 Fri Feb 2024 1440.95 1383.25 1453.00 1258.95 0.776 times
09 Fri Feb 2024 1414.30 1406.65 1524.70 1348.85 1.079 times
02 Fri Feb 2024 1404.55 1388.20 1458.00 1344.65 0.735 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
01 Fri Mar 2024 1596.65 1589.95 1618.30 1557.85 0.052 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
29 Fri Dec 2023 985.60 918.35 1088.00 909.00 1.014 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 tired and bears are picking up momentum.

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 1535.27 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 tired and bears are picking up momentum.

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 1535.27 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

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Daily chart
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