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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 2024-03-21 View latest technical analysis

10 day averaged volume of Sobha is 20833

Date Daily Closing Price Open High Low Volume
21 Thu Mar 2024 1402.15 1276.15 1415.00 1256.30 3.034 times
20 Wed Mar 2024 1252.20 1256.00 1299.00 1240.90 0.72 times
19 Tue Mar 2024 1256.75 1314.95 1314.95 1244.75 0.335 times
18 Mon Mar 2024 1273.70 1232.45 1315.30 1207.40 1.406 times
15 Fri Mar 2024 1244.20 1298.85 1306.75 1232.00 0.766 times
14 Thu Mar 2024 1301.25 1266.20 1317.55 1237.20 0.648 times
13 Wed Mar 2024 1266.15 1425.95 1440.55 1230.00 2.86 times
12 Tue Mar 2024 1401.95 1449.05 1466.15 1381.40 0.531 times
11 Mon Mar 2024 1447.80 1518.00 1518.00 1423.00 1.353 times
07 Thu Mar 2024 1520.40 1513.05 1538.95 1480.00 0.78 times

Stock of Sobha (Sobha) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 1315 or till 1147.9. Use a stoploss of 1454.26 and if the stock hits stoploss, then it can shoot up till 1593.51

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
Downside Target 1258.95
Downside Target 1380.00
Upside Target 1415.00
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 1268.03
Downside Intraday Target 1133.92
Upside Intraday Target 1475.63
Upside Intraday Target 1549.12
Downside Intraday Target 1341.52

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
21 Thu Mar 2024 1402.15 1232.45 1415.00 1207.40 0.892 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
21 Thu Mar 2024 1402.15 1589.95 1655.20 1207.40 0.772 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 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Sobha in short term and the sell 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 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 in or above the red 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 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 1341.12 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 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 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Sobha in short term and the sell 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 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 in or above the red 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 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 1341.12 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 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.

Click here for Sobha charts

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Daily charts

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