(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 2024-04-02 View latest technical analysis
10 day averaged volume of Sobha is 22074
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 1567.80 | 1528.60 | 1583.15 | 1527.45 | 1.052 times |
| 01 Mon Apr 2024 | 1546.30 | 1437.60 | 1551.00 | 1426.85 | 0.988 times |
| 28 Thu Mar 2024 | 1444.25 | 1440.15 | 1465.15 | 1433.95 | 0.261 times |
| 27 Wed Mar 2024 | 1428.50 | 1454.90 | 1517.00 | 1411.30 | 0.485 times |
| 26 Tue Mar 2024 | 1430.20 | 1472.45 | 1490.90 | 1417.25 | 0.467 times |
| 22 Fri Mar 2024 | 1473.95 | 1398.00 | 1514.95 | 1365.95 | 1.891 times |
| 21 Thu Mar 2024 | 1402.15 | 1276.15 | 1415.00 | 1256.30 | 2.863 times |
| 20 Wed Mar 2024 | 1252.20 | 1256.00 | 1299.00 | 1240.90 | 0.679 times |
| 19 Tue Mar 2024 | 1256.75 | 1314.95 | 1314.95 | 1244.75 | 0.316 times |
| 18 Mon Mar 2024 | 1273.70 | 1232.45 | 1315.30 | 1207.40 | 1.327 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1555.4, but if it comes below 1555.4, then a intra day sell could be more profitable.
If you take a sell trade below 1555.4, then use 1555.4 as stoploss and 1430.12 as target. However if you take a buy trade in stock , then use 1555.4 as stoploss and 1705.7 as target.
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 909.00 |
| Downside Target | 989.30 |
| Downside Target | 1088.00 |
| Downside Target | 1207.40 |
| Downside Target | 1258.95 |
| Downside Target | 1411.30 |
| Downside Target | 1466.00 |
| Downside Target | 1514.95 |
| Upside Target | 1577.35 |
| Upside Target | 1583.15 |
| Upside Target | 1655.20 |
| Upside Target | 1677.60 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1468.72 |
| Downside Intraday Target | 1369.63 |
| Upside Intraday Target | 1625.02 |
| Upside Intraday Target | 1682.23 |
| Downside Intraday Target | 1525.93 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 1567.80 | 1437.60 | 1583.15 | 1426.85 | 1.683 times |
| 28 Thu Mar 2024 | 1444.25 | 1472.45 | 1517.00 | 1411.30 | 0.171 times |
| 22 Fri Mar 2024 | 1473.95 | 1232.45 | 1514.95 | 1207.40 | 1.218 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sobha (Sobha)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 1567.80 | 1437.60 | 1583.15 | 1426.85 | 0.118 times |
| 28 Thu Mar 2024 | 1444.25 | 1589.95 | 1655.20 | 1207.40 | 0.941 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 |
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 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 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 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 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 stronger in this stock.
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1418.72 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 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 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 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 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 stronger in this stock.
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1418.72 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.
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