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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 2023-09-07 View latest technical analysis

10 day averaged volume of Sobha is 25546

Date Daily Closing Price Open High Low Volume
07 Thu Sep 2023 614.80 593.30 617.60 593.30 0.445 times
06 Wed Sep 2023 600.25 611.35 615.85 595.20 1.001 times
05 Tue Sep 2023 609.75 609.05 631.95 606.05 2.595 times
04 Mon Sep 2023 612.70 610.20 615.80 607.00 0.823 times
01 Fri Sep 2023 609.80 610.00 616.65 608.00 0.236 times
31 Thu Aug 2023 610.20 605.00 614.55 602.95 0.456 times
30 Wed Aug 2023 609.85 609.00 613.15 607.70 0.495 times
29 Tue Aug 2023 607.10 604.00 614.00 602.90 0.939 times
28 Mon Aug 2023 600.70 592.50 602.00 589.70 1.993 times
25 Fri Aug 2023 589.15 589.55 594.30 583.30 0.482 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 608.2, but if it comes below 608.2, then a intra day sell could be more profitable.
If you take a sell trade below 608.2, then use 608.2 as stoploss and 590.23 as target. However if you take a buy trade in stock , then use 608.2 as stoploss and 629.8 as target.

Share price targets for Sobha (Sobha)

Target Type Value
Downside Target 459.05
Downside Target 521.80
Downside Target 535.05
Downside Target 554.85
Downside Target 588.00
Downside Target 594.30
Downside Target 610.00
Upside Target 616.65
Upside Target 622.90
Upside Target 631.95
Upside Target 648.45

Intraday share price targets for Sobha (Sobha)

Target Type Value
Downside Intraday Target 594.75
Downside Intraday Target 574.7
Upside Intraday Target 633.4
Upside Intraday Target 652
Downside Intraday Target 613.35

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
07 Thu Sep 2023 614.80 610.20 631.95 593.30 1.181 times
01 Fri Sep 2023 609.80 592.50 616.65 589.70 0.774 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

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
07 Thu Sep 2023 614.80 610.00 631.95 593.30 0.189 times
31 Thu Aug 2023 610.20 622.90 622.90 554.85 0.545 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

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Sobha ( (Sobha) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and the buying is gaining 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 606.05 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Sobha ( (Sobha) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and the buying is gaining 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 606.05 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 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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