(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 2024-03-19 View latest technical analysis
10 day averaged volume of Sobha is 20493
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 1256.75 | 1314.95 | 1314.95 | 1244.75 | 0.34 times |
| 18 Mon Mar 2024 | 1273.70 | 1232.45 | 1315.30 | 1207.40 | 1.43 times |
| 15 Fri Mar 2024 | 1244.20 | 1298.85 | 1306.75 | 1232.00 | 0.779 times |
| 14 Thu Mar 2024 | 1301.25 | 1266.20 | 1317.55 | 1237.20 | 0.658 times |
| 13 Wed Mar 2024 | 1266.15 | 1425.95 | 1440.55 | 1230.00 | 2.908 times |
| 12 Tue Mar 2024 | 1401.95 | 1449.05 | 1466.15 | 1381.40 | 0.54 times |
| 11 Mon Mar 2024 | 1447.80 | 1518.00 | 1518.00 | 1423.00 | 1.375 times |
| 07 Thu Mar 2024 | 1520.40 | 1513.05 | 1538.95 | 1480.00 | 0.793 times |
| 06 Wed Mar 2024 | 1513.05 | 1607.75 | 1607.75 | 1466.00 | 0.611 times |
| 05 Tue Mar 2024 | 1600.80 | 1605.55 | 1622.45 | 1577.85 | 0.302 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1339, but if it comes above 1339, then a intra day buy could be more profitable.
If you take a sell trade below 1339, then use 1339 as stoploss and 1182.4 as target. However if you take a buy trade in stock , then use 1339 as stoploss and 1469.62 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 | 1207.40 |
| Upside Target | 1258.95 |
| Upside Target | 1315.30 |
| Upside Target | 1380.00 |
| Upside Target | 1461.15 |
| Upside Target | 1516.00 |
| 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 | 1204.33 |
| Downside Intraday Target | 1151.92 |
| Upside Intraday Target | 1312.23 |
| Upside Intraday Target | 1367.72 |
| Upside Intraday Target | 1259.82 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 1256.75 | 1232.45 | 1315.30 | 1207.40 | 0.283 times |
| 15 Fri Mar 2024 | 1244.20 | 1518.00 | 1518.00 | 1230.00 | 2.71 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 |
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 |
| 19 Tue Mar 2024 | 1256.75 | 1589.95 | 1655.20 | 1207.40 | 0.579 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 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 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 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 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 and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Sobha in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 1347.31 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 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 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 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 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 and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Sobha in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 1347.31 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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