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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 2024-02-26 View latest technical analysis

10 day averaged volume of Sobha is 17559

Date Daily Closing Price Open High Low Volume
26 Mon Feb 2024 1577.05 1461.15 1632.10 1461.15 1.658 times
23 Fri Feb 2024 1460.05 1490.10 1507.10 1440.95 0.465 times
22 Thu Feb 2024 1481.10 1478.05 1494.50 1433.95 2.074 times
21 Wed Feb 2024 1480.45 1383.70 1516.00 1383.70 2.157 times
20 Tue Feb 2024 1384.90 1402.80 1430.95 1380.00 0.342 times
19 Mon Feb 2024 1398.15 1412.25 1460.00 1390.15 0.199 times
16 Fri Feb 2024 1440.95 1406.20 1453.00 1295.35 2.713 times
15 Thu Feb 2024 1397.35 1328.25 1406.90 1328.25 0.254 times
14 Wed Feb 2024 1355.35 1320.50 1378.70 1315.40 0.225 times
13 Tue Feb 2024 1353.40 1359.45 1371.50 1322.70 0.326 times

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 1540.3, for a target of 1477.4 or 1424.97

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
Downside Target 1516.00
Downside Target 1524.70
Upside Target 1577.35
Upside Target 1632.10

Intraday share price targets for Sobha (Sobha)

Target Type Value
Downside Intraday Target 1481.43
Downside Intraday Target 1385.82
Upside Intraday Target 1652.38
Upside Intraday Target 1727.72
Downside Intraday Target 1556.77

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
26 Mon Feb 2024 1577.05 1461.15 1632.10 1461.15 0.317 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
26 Mon Feb 2024 1577.05 1447.90 1632.10 1258.95 0.2 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 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 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 1471.34 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 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 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 1471.34 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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