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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 2024-02-21 View latest technical analysis

10 day averaged volume of Sobha is 16990

Date Daily Closing Price Open High Low Volume
21 Wed Feb 2024 1480.45 1383.70 1516.00 1383.70 2.229 times
20 Tue Feb 2024 1384.90 1402.80 1430.95 1380.00 0.353 times
19 Mon Feb 2024 1398.15 1412.25 1460.00 1390.15 0.205 times
16 Fri Feb 2024 1440.95 1406.20 1453.00 1295.35 2.804 times
15 Thu Feb 2024 1397.35 1328.25 1406.90 1328.25 0.262 times
14 Wed Feb 2024 1355.35 1320.50 1378.70 1315.40 0.232 times
13 Tue Feb 2024 1353.40 1359.45 1371.50 1322.70 0.337 times
12 Mon Feb 2024 1347.65 1383.25 1399.95 1258.95 1.288 times
09 Fri Feb 2024 1414.30 1464.15 1465.00 1370.50 0.716 times
08 Thu Feb 2024 1429.70 1380.05 1442.85 1348.85 2.66 times

Stock of Sobha (Sobha) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1485.8, for a target of 1442.6 or 1406.68

Share price targets for Sobha (Sobha)

Target Type Value
Downside Target 642.70
Downside Target 712.30
Downside Target 785.65
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
Upside Target 1516.00
Upside Target 1524.70
Upside Target 1577.35

Intraday share price targets for Sobha (Sobha)

Target Type Value
Downside Intraday Target 1401.63
Downside Intraday Target 1322.82
Upside Intraday Target 1537.63
Upside Intraday Target 1594.82
Downside Intraday Target 1458.82

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
21 Wed Feb 2024 1480.45 1412.25 1516.00 1380.00 0.566 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
25 Thu Jan 2024 1382.35 1437.80 1577.35 1280.00 0.692 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
21 Wed Feb 2024 1480.45 1447.90 1524.70 1258.95 0.155 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
30 Thu Nov 2023 907.30 712.30 915.10 712.30 0.74 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 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 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 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. 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 and the buying is gaining 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 1425.57 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 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 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. 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 and the buying is gaining 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 1425.57 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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