(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 2024-07-03 View latest technical analysis
10 day averaged volume of Sobha is 9032
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 1949.20 | 2003.00 | 2003.00 | 1930.75 | 1.24 times |
| 02 Tue Jul 2024 | 1992.20 | 1900.40 | 2010.90 | 1900.40 | 2.246 times |
| 01 Mon Jul 2024 | 1914.40 | 1957.20 | 1985.00 | 1898.95 | 1.625 times |
| 28 Fri Jun 2024 | 1956.85 | 2019.00 | 2050.05 | 1925.00 | 1.134 times |
| 27 Thu Jun 2024 | 2011.80 | 2068.95 | 2069.00 | 1990.10 | 0.496 times |
| 26 Wed Jun 2024 | 2047.75 | 2067.85 | 2067.85 | 2025.50 | 0.376 times |
| 25 Tue Jun 2024 | 2045.60 | 2000.40 | 2058.15 | 2000.40 | 0.533 times |
| 24 Mon Jun 2024 | 2058.35 | 2073.95 | 2073.95 | 2043.30 | 0.353 times |
| 21 Fri Jun 2024 | 2058.35 | 2073.95 | 2073.95 | 2043.30 | 0.353 times |
| 20 Thu Jun 2024 | 2047.20 | 2069.95 | 2075.85 | 2028.00 | 1.127 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1949.3, but if it comes above 1949.3, then a intra day buy could be more profitable.
If you take a sell trade below 1949.3, then use 1949.3 as stoploss and 1850.1 as target. However if you take a buy trade in stock , then use 1949.3 as stoploss and 2032.02 as target.
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 1207.40 |
| Downside Target | 1426.85 |
| Downside Target | 1547.20 |
| Downside Target | 1624.00 |
| Downside Target | 1798.00 |
| Downside Target | 1898.95 |
| Upside Target | 2010.00 |
| Upside Target | 2073.95 |
| Upside Target | 2093.35 |
| Upside Target | 2129.95 |
| Upside Target | 2219.00 |
| Upside Target | 2238.00 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1895.13 |
| Downside Intraday Target | 1841.07 |
| Upside Intraday Target | 2007.08 |
| Upside Intraday Target | 2064.97 |
| Upside Intraday Target | 1953.02 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 1949.20 | 1957.20 | 2010.90 | 1898.95 | 1.767 times |
| 28 Fri Jun 2024 | 1956.85 | 2073.95 | 2073.95 | 1925.00 | 0.624 times |
| 21 Fri Jun 2024 | 2058.35 | 2238.00 | 2238.00 | 2010.00 | 0.412 times |
| 14 Fri Jun 2024 | 2162.55 | 2106.20 | 2219.00 | 2028.65 | 0.761 times |
| 07 Fri Jun 2024 | 2084.95 | 1940.65 | 2129.95 | 1547.20 | 1.315 times |
Price has moved down 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 |
| 03 Wed Jul 2024 | 1949.20 | 1957.20 | 2010.90 | 1898.95 | 0.152 times |
| 28 Fri Jun 2024 | 1956.85 | 1940.65 | 2238.00 | 1547.20 | 0.616 times |
| 31 Fri May 2024 | 1902.50 | 1788.15 | 2093.35 | 1624.00 | 1.576 times |
| 30 Tue Apr 2024 | 1776.65 | 1437.60 | 1798.00 | 1426.85 | 0.821 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 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 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 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 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 SELL. 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 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 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 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 1986.71 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 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 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 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 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 SELL. 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 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 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 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 1986.71 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.
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