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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 2024-05-17 View latest technical analysis

10 day averaged volume of Sobha is 21222

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 1862.55 1735.25 1881.00 1728.35 1.958 times
16 Thu May 2024 1719.00 1780.05 1815.95 1702.20 0.897 times
15 Wed May 2024 1787.85 1709.10 1802.00 1709.10 0.773 times
14 Tue May 2024 1709.05 1653.05 1747.45 1632.10 0.625 times
13 Mon May 2024 1640.40 1701.75 1710.00 1624.00 0.771 times
10 Fri May 2024 1698.85 1769.75 1814.00 1677.30 0.475 times
09 Thu May 2024 1751.20 1825.00 1835.20 1722.45 0.319 times
08 Wed May 2024 1818.35 1826.50 1872.70 1803.00 0.669 times
07 Tue May 2024 1824.05 1929.90 1962.85 1786.25 1.405 times
06 Mon May 2024 1942.50 1872.95 1954.00 1819.95 2.079 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1841.7, but if it comes below 1841.7, then a intra day sell could be more profitable.
If you take a sell trade below 1841.7, then use 1841.7 as stoploss and 1756.15 as target. However if you take a buy trade in stock , then use 1841.7 as stoploss and 1944.4 as target.

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
Downside Target 1725.05
Downside Target 1798.00
Upside Target 1881.00
Upside Target 1962.85
Upside Target 1968.85

Intraday share price targets for Sobha (Sobha)

Target Type Value
Downside Intraday Target 1697.37
Downside Intraday Target 1532.18
Upside Intraday Target 1954.37
Upside Intraday Target 2046.18
Downside Intraday Target 1789.18

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 1862.55 1701.75 1881.00 1624.00 1.015 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
17 Fri May 2024 1862.55 1788.15 1968.85 1624.00 0.869 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 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 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 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 SELL signal for Sobha in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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

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 1813.97 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 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 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 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 SELL signal for Sobha in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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

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 1813.97 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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Daily chart
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