(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 2024-03-01 View latest technical analysis
10 day averaged volume of Sobha is 24618
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 1596.65 | 1589.95 | 1618.30 | 1557.85 | 0.86 times |
| 29 Thu Feb 2024 | 1566.10 | 1553.35 | 1599.20 | 1538.95 | 0.472 times |
| 28 Wed Feb 2024 | 1552.00 | 1631.95 | 1634.85 | 1504.20 | 1.474 times |
| 27 Tue Feb 2024 | 1621.85 | 1577.80 | 1677.60 | 1560.45 | 1.202 times |
| 26 Mon Feb 2024 | 1577.05 | 1461.15 | 1632.10 | 1461.15 | 1.182 times |
| 23 Fri Feb 2024 | 1460.05 | 1490.10 | 1507.10 | 1440.95 | 0.332 times |
| 22 Thu Feb 2024 | 1481.10 | 1478.05 | 1494.50 | 1433.95 | 1.479 times |
| 21 Wed Feb 2024 | 1480.45 | 1383.70 | 1516.00 | 1383.70 | 1.538 times |
| 20 Tue Feb 2024 | 1384.90 | 1402.80 | 1430.95 | 1380.00 | 0.244 times |
| 19 Mon Feb 2024 | 1398.15 | 1412.25 | 1460.00 | 1390.15 | 0.142 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1540.5, but if it comes below 1540.5, then a intra day sell could be more profitable.
If you take a sell trade below 1540.5, then use 1540.5 as stoploss and 1458.12 as target. However if you take a buy trade in stock , then use 1540.5 as stoploss and 1639.4 as target.
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 712.30 |
| 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 | 1557.85 |
| Downside Target | 1577.35 |
| Upside Target | 1618.30 |
| Upside Target | 1677.60 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1479.33 |
| Downside Intraday Target | 1362.02 |
| Upside Intraday Target | 1695.78 |
| Upside Intraday Target | 1794.92 |
| Downside Intraday Target | 1578.47 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 1596.65 | 1461.15 | 1677.60 | 1461.15 | 1.39 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 |
| 01 Fri Mar 2024 | 1596.65 | 1589.95 | 1618.30 | 1557.85 | 0.052 times |
| 29 Thu Feb 2024 | 1566.10 | 1447.90 | 1677.60 | 1258.95 | 0.247 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 |
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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 but buying is losing 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 1535.27 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 but buying is losing 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 1535.27 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 further forecast and predictions for tomorrow