(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 2024-08-01 View latest technical analysis
10 day averaged volume of Sobha is 538967
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 1786.90 | 1782.65 | 1798.35 | 1775.00 | 0.017 times |
| 31 Wed Jul 2024 | 1800.30 | 1831.00 | 1831.80 | 1786.20 | 0.026 times |
| 30 Tue Jul 2024 | 1831.80 | 1819.95 | 1836.30 | 1780.00 | 0.008 times |
| 29 Mon Jul 2024 | 1791.25 | 1849.95 | 1849.95 | 1782.60 | 0.02 times |
| 26 Fri Jul 2024 | 1792.35 | 1830.00 | 1831.35 | 1778.75 | 9.819 times |
| 25 Thu Jul 2024 | 1862.50 | 1819.45 | 1868.00 | 1809.95 | 0.021 times |
| 24 Wed Jul 2024 | 1824.75 | 1741.00 | 1933.60 | 1741.00 | 0.031 times |
| 23 Tue Jul 2024 | 1775.00 | 1784.35 | 1868.65 | 1750.55 | 0.023 times |
| 22 Mon Jul 2024 | 1786.65 | 1820.95 | 1845.80 | 1771.35 | 0.008 times |
| 19 Fri Jul 2024 | 1842.80 | 1930.05 | 1931.90 | 1825.00 | 0.022 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1801.4, but if it comes above 1801.4, then a intra day buy could be more profitable.
If you take a sell trade below 1801.4, then use 1801.4 as stoploss and 1685.1 as target. However if you take a buy trade in stock , then use 1801.4 as stoploss and 1898.39 as target.
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 1426.85 |
| Downside Target | 1547.20 |
| Downside Target | 1624.00 |
| Downside Target | 1741.00 |
| Upside Target | 1898.95 |
| Upside Target | 1940.75 |
| Upside Target | 1975.00 |
| Upside Target | 2070.95 |
| 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 | 1757.95 |
| Downside Intraday Target | 1729 |
| Upside Intraday Target | 1832.9 |
| Upside Intraday Target | 1878.9 |
| Upside Intraday Target | 1803.95 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 1786.90 | 1849.95 | 1849.95 | 1775.00 | 0.007 times |
| 26 Fri Jul 2024 | 1792.35 | 1820.95 | 1933.60 | 1741.00 | 99.911 times |
| 19 Fri Jul 2024 | 1842.80 | 1952.00 | 1975.00 | 1825.00 | 1.634 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 |
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 |
| 01 Thu Aug 2024 | 1786.90 | 1782.65 | 1798.35 | 1775.00 | 0.002 times |
| 31 Wed Jul 2024 | 1800.30 | 1957.20 | 2146.90 | 1741.00 | 18.234 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 |
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 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 short term time period is neutral. A longer time frame might give a better analysis.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 and the sell signal is strong.
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 red color and prices are below the red 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 1792.71 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 negative.
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 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 short term time period is neutral. A longer time frame might give a better analysis.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 and the sell signal is strong.
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 red color and prices are below the red 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 1792.71 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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