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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 2024-05-16 View latest technical analysis

10 day averaged volume of Sobha is 21100

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 1719.00 1780.05 1815.95 1702.20 0.902 times
15 Wed May 2024 1787.85 1709.10 1802.00 1709.10 0.778 times
14 Tue May 2024 1709.05 1653.05 1747.45 1632.10 0.628 times
13 Mon May 2024 1640.40 1701.75 1710.00 1624.00 0.775 times
10 Fri May 2024 1698.85 1769.75 1814.00 1677.30 0.478 times
09 Thu May 2024 1751.20 1825.00 1835.20 1722.45 0.321 times
08 Wed May 2024 1818.35 1826.50 1872.70 1803.00 0.673 times
07 Tue May 2024 1824.05 1929.90 1962.85 1786.25 1.413 times
06 Mon May 2024 1942.50 1872.95 1954.00 1819.95 2.091 times
03 Fri May 2024 1856.40 1868.40 1968.85 1841.40 1.999 times

My analysis of stock is bearish for shortterm, and stock might move down till 1656.3 or till 1551.4. Use a stoploss of 1743.63 and if the stock hits stoploss, then it can shoot up till 1831

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 1624.00
Upside Target 1725.05
Upside Target 1798.00
Upside Target 1815.95
Upside Target 1962.85
Upside Target 1968.85

Intraday share price targets for Sobha (Sobha)

Target Type Value
Downside Intraday Target 1623.35
Downside Intraday Target 1527.7
Upside Intraday Target 1815.3
Upside Intraday Target 1911.6
Upside Intraday Target 1719.65

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 1719.00 1701.75 1815.95 1624.00 0.62 times
10 Fri May 2024 1698.85 1872.95 1962.85 1677.30 1.455 times
03 Fri May 2024 1856.40 1745.75 1968.85 1725.05 0.738 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

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
16 Thu May 2024 1719.00 1788.15 1968.85 1624.00 0.736 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Sobha in short term but the sell signal is initial and weak.

Sobha Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 1812.89 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Sobha in short term but the sell signal is initial and weak.

Sobha Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 1812.89 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 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

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Daily charts

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