(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 2024-07-18 View latest technical analysis
10 day averaged volume of Sobha is 10636
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Jul 2024 | 1932.55 | 1947.05 | 1975.00 | 1891.50 | 1.008 times |
| 16 Tue Jul 2024 | 1965.75 | 1888.20 | 1975.00 | 1888.20 | 1.592 times |
| 15 Mon Jul 2024 | 1888.20 | 1952.00 | 1974.05 | 1881.00 | 1.305 times |
| 12 Fri Jul 2024 | 1953.35 | 2006.30 | 2012.85 | 1940.75 | 1.146 times |
| 11 Thu Jul 2024 | 2017.50 | 2038.00 | 2038.00 | 1996.00 | 0.3 times |
| 10 Wed Jul 2024 | 2026.85 | 2050.00 | 2050.00 | 1984.45 | 0.989 times |
| 09 Tue Jul 2024 | 2010.30 | 2058.95 | 2058.95 | 1998.00 | 0.339 times |
| 08 Mon Jul 2024 | 2021.25 | 2060.70 | 2070.95 | 2010.00 | 0.301 times |
| 05 Fri Jul 2024 | 2020.25 | 2075.00 | 2146.90 | 2003.75 | 0.868 times |
| 04 Thu Jul 2024 | 2037.50 | 1938.05 | 2048.00 | 1938.05 | 2.106 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1948.2, but if it comes above 1948.2, then a intra day buy could be more profitable.
If you take a sell trade below 1948.2, then use 1948.2 as stoploss and 1888.8 as target. However if you take a buy trade in stock , then use 1948.2 as stoploss and 1997.76 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 | 1881.00 |
| Upside Target | 2070.95 |
| Upside Target | 2073.95 |
| Upside Target | 2093.35 |
| Upside Target | 2146.90 |
| Upside Target | 2238.00 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1884.03 |
| Downside Intraday Target | 1835.52 |
| Upside Intraday Target | 1978.03 |
| Upside Intraday Target | 2023.52 |
| Downside Intraday Target | 1929.52 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Jul 2024 | 1932.55 | 1952.00 | 1975.00 | 1881.00 | 1.27 times |
| 12 Fri Jul 2024 | 1953.35 | 2060.70 | 2070.95 | 1940.75 | 0.42 times |
| 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 |
Price has moved down 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 |
| 18 Thu Jul 2024 | 1932.55 | 1957.20 | 2146.90 | 1881.00 | 0.501 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 Strong 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 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 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 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 1981.55 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 Strong 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 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 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 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 1981.55 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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