(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 2024-08-08 View latest technical analysis
10 day averaged volume of Sobha is 541107
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 1693.45 | 1740.45 | 1740.45 | 1674.00 | 0.026 times |
| 07 Wed Aug 2024 | 1716.15 | 1830.00 | 1845.00 | 1707.50 | 0.026 times |
| 06 Tue Aug 2024 | 1749.75 | 1754.85 | 1783.15 | 1702.00 | 0.043 times |
| 05 Mon Aug 2024 | 1743.15 | 1695.90 | 1771.95 | 1595.05 | 0.04 times |
| 02 Fri Aug 2024 | 1730.55 | 1761.00 | 1774.95 | 1710.95 | 0.018 times |
| 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 | 9.781 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1737.8, but if it comes above 1737.8, then a intra day buy could be more profitable.
If you take a sell trade below 1737.8, then use 1737.8 as stoploss and 1634.1 as target. However if you take a buy trade in stock , then use 1737.8 as stoploss and 1824.24 as target.
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 1426.85 |
| Downside Target | 1547.20 |
| Downside Target | 1595.05 |
| Upside Target | 1710.95 |
| Upside Target | 1798.00 |
| Upside Target | 1933.60 |
| 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 | 1577.33 |
| Downside Intraday Target | 1461.22 |
| Upside Intraday Target | 1827.28 |
| Upside Intraday Target | 1961.12 |
| Upside Intraday Target | 1711.17 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 1693.45 | 1695.90 | 1845.00 | 1595.05 | 1.515 times |
| 02 Fri Aug 2024 | 1730.55 | 1849.95 | 1849.95 | 1710.95 | 0.009 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 |
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 |
| 08 Thu Aug 2024 | 1693.45 | 1782.65 | 1845.00 | 1595.05 | 0.017 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.
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 getting stronger in this stock.
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1791.45 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.
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 getting stronger in this stock.
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1791.45 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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