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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 2024-05-02 View latest technical analysis

10 day averaged volume of Sobha is 14465

Date Daily Closing Price Open High Low Volume
02 Thu May 2024 1843.45 1788.15 1856.00 1758.00 1.232 times
30 Tue Apr 2024 1776.65 1725.05 1780.80 1725.05 0.507 times
29 Mon Apr 2024 1748.95 1745.75 1765.00 1728.00 0.334 times
26 Fri Apr 2024 1751.70 1751.80 1798.00 1739.10 0.742 times
25 Thu Apr 2024 1751.65 1725.75 1767.55 1670.00 0.766 times
24 Wed Apr 2024 1723.65 1734.35 1766.65 1704.95 1.359 times
23 Tue Apr 2024 1717.55 1639.25 1744.20 1630.00 2.135 times
22 Mon Apr 2024 1620.05 1589.00 1660.45 1589.00 1.76 times
19 Fri Apr 2024 1579.15 1600.90 1604.10 1563.45 0.389 times
18 Thu Apr 2024 1612.20 1607.65 1636.00 1590.00 1.053 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1841.2, for a target of 1735.8 or 1647.97

Share price targets for Sobha (Sobha)

Target Type Value
Downside Target 989.30
Downside Target 1207.40
Downside Target 1258.95
Downside Target 1426.85
Downside Target 1501.05
Downside Target 1577.35
Downside Target 1636.00
Downside Target 1725.05
Downside Target 1758.00
Downside Target 1798.00
Upside Target 1856.00

Intraday share price targets for Sobha (Sobha)

Target Type Value
Downside Intraday Target 1760.33
Downside Intraday Target 1677.22
Upside Intraday Target 1891.28
Upside Intraday Target 1939.12
Downside Intraday Target 1808.17

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
02 Thu May 2024 1843.45 1745.75 1856.00 1725.05 0.307 times
26 Fri Apr 2024 1751.70 1589.00 1798.00 1589.00 1.605 times
19 Fri Apr 2024 1579.15 1501.05 1636.00 1501.05 0.811 times
12 Fri Apr 2024 1601.35 1558.00 1688.35 1530.30 1.129 times
05 Fri Apr 2024 1555.70 1437.60 1597.65 1426.85 2.485 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
02 Thu May 2024 1843.45 1788.15 1856.00 1758.00 0.057 times
30 Tue Apr 2024 1776.65 1437.60 1798.00 1426.85 0.821 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

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 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 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 and the buying is gaining 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 1709.66 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 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 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 and the buying is gaining 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 1709.66 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.

Click here for Sobha charts

Click here for further forecast and predictions for tomorrow

Daily charts

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