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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 2023-09-27 View latest technical analysis

10 day averaged volume of Sobha is 56004

Date Daily Closing Price Open High Low Volume
27 Wed Sep 2023 687.55 660.00 750.00 660.00 0.866 times
26 Tue Sep 2023 663.20 683.15 684.50 656.00 0.324 times
25 Mon Sep 2023 683.20 650.25 688.75 648.40 0.609 times
22 Fri Sep 2023 648.75 654.25 666.40 646.00 0.336 times
21 Thu Sep 2023 652.70 666.70 678.60 649.35 0.657 times
20 Wed Sep 2023 670.85 673.60 684.45 661.90 0.286 times
18 Mon Sep 2023 671.10 679.95 684.60 666.95 0.338 times
15 Fri Sep 2023 672.85 695.00 707.45 666.50 1.115 times
14 Thu Sep 2023 696.75 696.60 719.55 687.75 0.886 times
13 Wed Sep 2023 698.60 645.00 701.95 643.05 3.228 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 684.5, but if it comes below 684.5, then a intra day sell could be more profitable.
If you take a sell trade below 684.5, then use 684.5 as stoploss and 651.2 as target. However if you take a buy trade in stock , then use 684.5 as stoploss and 724.5 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 569.80
Downside Target 589.70
Downside Target 616.65
Downside Target 640.00
Downside Target 648.45
Downside Target 684.60
Upside Target 713.85
Upside Target 719.55
Upside Target 750.00

Intraday share price targets for Sobha (Sobha)

Target Type Value
Downside Intraday Target 640.63
Downside Intraday Target 593.72
Upside Intraday Target 742.23
Upside Intraday Target 796.92
Upside Intraday Target 695.32

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
27 Wed Sep 2023 687.55 650.25 750.00 648.40 1.113 times
22 Fri Sep 2023 648.75 679.95 684.60 646.00 0.185 times
15 Fri Sep 2023 672.85 682.05 719.55 640.00 1.186 times
08 Fri Sep 2023 681.80 610.20 713.85 593.30 3.919 times
01 Fri Sep 2023 609.80 592.50 616.65 589.70 0.774 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
27 Wed Sep 2023 687.55 610.00 750.00 593.30 1.591 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, 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL signal for Sobha in short term but the sell signal is initial and weak.

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. Bears are weakening, and bulls 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 positive zone. This is a BUY 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 684.15 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL signal for Sobha in short term but the sell signal is initial and weak.

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. Bears are weakening, and bulls 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 positive zone. This is a BUY 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 684.15 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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