(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 2024-03-12 View latest technical analysis
10 day averaged volume of Sobha is 17515
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 1401.95 | 1449.05 | 1466.15 | 1381.40 | 0.632 times |
| 11 Mon Mar 2024 | 1447.80 | 1518.00 | 1518.00 | 1423.00 | 1.609 times |
| 07 Thu Mar 2024 | 1520.40 | 1513.05 | 1538.95 | 1480.00 | 0.928 times |
| 06 Wed Mar 2024 | 1513.05 | 1607.75 | 1607.75 | 1466.00 | 0.715 times |
| 05 Tue Mar 2024 | 1600.80 | 1605.55 | 1622.45 | 1577.85 | 0.353 times |
| 04 Mon Mar 2024 | 1607.15 | 1638.80 | 1655.20 | 1535.20 | 0.707 times |
| 02 Sat Mar 2024 | 1623.85 | 1598.00 | 1649.95 | 1598.00 | 0.054 times |
| 01 Fri Mar 2024 | 1596.65 | 1589.95 | 1618.30 | 1557.85 | 1.209 times |
| 29 Thu Feb 2024 | 1566.10 | 1553.35 | 1599.20 | 1538.95 | 0.663 times |
| 28 Wed Feb 2024 | 1552.00 | 1631.95 | 1634.85 | 1504.20 | 2.072 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1415.3, but if it comes above 1415.3, then a intra day buy could be more profitable.
If you take a sell trade below 1415.3, then use 1415.3 as stoploss and 1312.1 as target. However if you take a buy trade in stock , then use 1415.3 as stoploss and 1501.35 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 | 1380.00 |
| Upside Target | 1453.00 |
| Upside Target | 1516.00 |
| Upside Target | 1518.00 |
| Upside Target | 1577.35 |
| Upside Target | 1655.20 |
| Upside Target | 1677.60 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1349.57 |
| Downside Intraday Target | 1297.18 |
| Upside Intraday Target | 1486.17 |
| Upside Intraday Target | 1570.38 |
| Upside Intraday Target | 1433.78 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 1401.95 | 1518.00 | 1518.00 | 1381.40 | 0.829 times |
| 07 Thu Mar 2024 | 1520.40 | 1638.80 | 1655.20 | 1466.00 | 0.368 times |
| 02 Sat Mar 2024 | 1623.85 | 1461.15 | 1677.60 | 1461.15 | 1.4 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 |
Price has moved down 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 |
| 12 Tue Mar 2024 | 1401.95 | 1589.95 | 1655.20 | 1381.40 | 0.269 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 down 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 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 to mid 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 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 SELL. 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.
Sobha Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sobha in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 1530.06 and Sobha (Sobha) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Sobha (Sobha) stock. Volume based technical analysis of Sobha (Sobha) stock is negative.
Sobha Stock has given negative 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 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 to mid 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 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 SELL. 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.
Sobha Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sobha in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 1530.06 and Sobha (Sobha) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Sobha (Sobha) stock. Volume based technical analysis of Sobha (Sobha) stock is negative.
Sobha Stock has given negative 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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