(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 2024-07-05 View latest technical analysis
10 day averaged volume of Sobha is 9788
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 2020.25 | 2075.00 | 2146.90 | 2003.75 | 0.943 times |
| 04 Thu Jul 2024 | 2037.50 | 1938.05 | 2048.00 | 1938.05 | 2.289 times |
| 03 Wed Jul 2024 | 1949.20 | 2003.00 | 2003.00 | 1930.75 | 1.144 times |
| 02 Tue Jul 2024 | 1992.20 | 1900.40 | 2010.90 | 1900.40 | 2.073 times |
| 01 Mon Jul 2024 | 1914.40 | 1957.20 | 1985.00 | 1898.95 | 1.5 times |
| 28 Fri Jun 2024 | 1956.85 | 2019.00 | 2050.05 | 1925.00 | 1.046 times |
| 27 Thu Jun 2024 | 2011.80 | 2068.95 | 2069.00 | 1990.10 | 0.458 times |
| 26 Wed Jun 2024 | 2047.75 | 2067.85 | 2067.85 | 2025.50 | 0.347 times |
| 25 Tue Jun 2024 | 2045.60 | 2000.40 | 2058.15 | 2000.40 | 0.492 times |
| 24 Mon Jun 2024 | 2058.35 | 2073.95 | 2073.95 | 2043.30 | 0.326 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1982 or till 1905.1. Use a stoploss of 2046.04 and if the stock hits stoploss, then it can shoot up till 2110.1
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 |
| Downside Target | 2010.00 |
| Upside Target | 2073.95 |
| Upside Target | 2129.95 |
| Upside Target | 2146.90 |
| Upside Target | 2219.00 |
| Upside Target | 2238.00 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1897.17 |
| Downside Intraday Target | 1774.08 |
| Upside Intraday Target | 2145.12 |
| Upside Intraday Target | 2269.98 |
| Upside Intraday Target | 2022.03 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 2020.25 | 1957.20 | 2146.90 | 1898.95 | 2.979 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 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 |
| 05 Fri Jul 2024 | 2020.25 | 1957.20 | 2146.90 | 1898.95 | 0.257 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 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 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 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 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 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. Bulls are getting stronger in this stock.
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 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 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 1992.52 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 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 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 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 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. Bulls are getting stronger in this stock.
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 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 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 1992.52 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 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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