(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 7389
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Tue Sep 2024 | 1739.10 | 1685.00 | 1745.05 | 1673.70 | 0.956 times |
| 09 Mon Sep 2024 | 1662.85 | 1690.00 | 1711.20 | 1652.70 | 2.025 times |
| 06 Fri Sep 2024 | 1710.40 | 1712.10 | 1724.00 | 1682.00 | 0.735 times |
| 05 Thu Sep 2024 | 1720.90 | 1765.00 | 1765.00 | 1714.90 | 0.479 times |
| 04 Wed Sep 2024 | 1749.85 | 1731.85 | 1756.70 | 1715.75 | 1.151 times |
| 03 Tue Sep 2024 | 1736.50 | 1757.00 | 1788.70 | 1726.00 | 0.938 times |
| 02 Mon Sep 2024 | 1733.25 | 1720.00 | 1745.00 | 1686.45 | 1.065 times |
| 30 Fri Aug 2024 | 1688.70 | 1689.00 | 1721.60 | 1681.45 | 1.107 times |
| 29 Thu Aug 2024 | 1704.15 | 1734.75 | 1734.75 | 1692.00 | 1.009 times |
| 28 Wed Aug 2024 | 1722.25 | 1724.40 | 1727.75 | 1689.20 | 0.336 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1730.3, but if it comes below 1730.3, then a intra day sell could be more profitable.
If you take a sell trade below 1730.3, then use 1730.3 as stoploss and 1709.78 as target. However if you take a buy trade in stock , then use 1730.3 as stoploss and 1754.9 as target.
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 1547.20 |
| Downside Target | 1595.05 |
| Downside Target | 1734.30 |
| Upside Target | 1745.05 |
| Upside Target | 1748.50 |
| Upside Target | 1788.70 |
| Upside Target | 1845.00 |
| Upside Target | 2093.35 |
| Upside Target | 2146.90 |
| Upside Target | 2238.00 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1679.52 |
| Downside Intraday Target | 1619.93 |
| Upside Intraday Target | 1771.87 |
| Upside Intraday Target | 1804.63 |
| Downside Intraday Target | 1712.28 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Tue Sep 2024 | 1739.10 | 1690.00 | 1745.05 | 1652.70 | 0.683 times |
| 06 Fri Sep 2024 | 1710.40 | 1720.00 | 1788.70 | 1682.00 | 0.626 times |
| 30 Fri Aug 2024 | 1688.70 | 1700.00 | 1748.50 | 1681.45 | 1.954 times |
| 23 Fri Aug 2024 | 1688.20 | 1744.10 | 1744.10 | 1677.35 | 0.803 times |
| 16 Fri Aug 2024 | 1719.10 | 1686.15 | 1734.30 | 1675.00 | 0.308 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 |
| 10 Tue Sep 2024 | 1739.10 | 1720.00 | 1788.70 | 1652.70 | 0.23 times |
| 30 Fri Aug 2024 | 1688.70 | 1782.65 | 1845.00 | 1595.05 | 0.043 times |
| 31 Wed Jul 2024 | 1800.30 | 1957.20 | 2146.90 | 1741.00 | 18.234 times |
| 28 Fri Jun 2024 | 1956.85 | 1940.65 | 2238.00 | 1547.20 | 0.616 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 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 mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sobha stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sobha in short term but the buy 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 red color and prices are in or above the red 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 1710.81 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 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 mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sobha stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sobha in short term but the buy 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 red color and prices are in or above the red 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 1710.81 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.
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