(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 2024-03-20 View latest technical analysis
10 day averaged volume of Sobha is 19951
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 1252.20 | 1256.00 | 1299.00 | 1240.90 | 0.752 times |
| 19 Tue Mar 2024 | 1256.75 | 1314.95 | 1314.95 | 1244.75 | 0.349 times |
| 18 Mon Mar 2024 | 1273.70 | 1232.45 | 1315.30 | 1207.40 | 1.468 times |
| 15 Fri Mar 2024 | 1244.20 | 1298.85 | 1306.75 | 1232.00 | 0.8 times |
| 14 Thu Mar 2024 | 1301.25 | 1266.20 | 1317.55 | 1237.20 | 0.676 times |
| 13 Wed Mar 2024 | 1266.15 | 1425.95 | 1440.55 | 1230.00 | 2.987 times |
| 12 Tue Mar 2024 | 1401.95 | 1449.05 | 1466.15 | 1381.40 | 0.555 times |
| 11 Mon Mar 2024 | 1447.80 | 1518.00 | 1518.00 | 1423.00 | 1.413 times |
| 07 Thu Mar 2024 | 1520.40 | 1513.05 | 1538.95 | 1480.00 | 0.814 times |
| 06 Wed Mar 2024 | 1513.05 | 1607.75 | 1607.75 | 1466.00 | 0.628 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1319.4, but if it comes above 1319.4, then a intra day buy could be more profitable.
If you take a sell trade below 1319.4, then use 1319.4 as stoploss and 1152.8 as target. However if you take a buy trade in stock , then use 1319.4 as stoploss and 1458.2 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 | 1201.3 |
| Downside Intraday Target | 1150.4 |
| Upside Intraday Target | 1309.2 |
| Upside Intraday Target | 1366.2 |
| Upside Intraday Target | 1258.3 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 1252.20 | 1232.45 | 1315.30 | 1207.40 | 0.4 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 |
| 20 Wed Mar 2024 | 1252.20 | 1589.95 | 1655.20 | 1207.40 | 0.616 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 1332.94 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 1332.94 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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