(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 2024-08-19 View latest technical analysis
10 day averaged volume of Sobha is 14914
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 1716.20 | 1744.10 | 1744.10 | 1697.00 | 0.563 times |
| 16 Fri Aug 2024 | 1719.10 | 1708.00 | 1726.00 | 1696.65 | 0.511 times |
| 14 Wed Aug 2024 | 1697.00 | 1680.95 | 1705.90 | 1676.00 | 0.387 times |
| 13 Tue Aug 2024 | 1697.45 | 1720.00 | 1724.55 | 1675.00 | 0.34 times |
| 12 Mon Aug 2024 | 1703.55 | 1686.15 | 1734.30 | 1675.45 | 0.967 times |
| 09 Fri Aug 2024 | 1710.05 | 1662.45 | 1770.00 | 1662.45 | 2.248 times |
| 08 Thu Aug 2024 | 1693.45 | 1740.45 | 1740.45 | 1674.00 | 0.94 times |
| 07 Wed Aug 2024 | 1716.15 | 1830.00 | 1845.00 | 1707.50 | 0.943 times |
| 06 Tue Aug 2024 | 1749.75 | 1754.85 | 1783.15 | 1702.00 | 1.561 times |
| 05 Mon Aug 2024 | 1743.15 | 1695.90 | 1771.95 | 1595.05 | 1.463 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1706.6 as stoploss in an intra day buy trade for a target of 1756.4. However, stock will show a bearish move below 1706.6.
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 1426.85 |
| Downside Target | 1547.20 |
| Downside Target | 1595.05 |
| Downside Target | 1675.00 |
| Upside Target | 1798.00 |
| Upside Target | 1845.00 |
| Upside Target | 1849.95 |
| Upside Target | 1933.60 |
| 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 | 1694.1 |
| Downside Intraday Target | 1672 |
| Upside Intraday Target | 1741.2 |
| Upside Intraday Target | 1766.2 |
| Upside Intraday Target | 1719.1 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 1716.20 | 1744.10 | 1744.10 | 1697.00 | 0.255 times |
| 16 Fri Aug 2024 | 1719.10 | 1686.15 | 1734.30 | 1675.00 | 0.308 times |
| 09 Fri Aug 2024 | 1710.05 | 1695.90 | 1845.00 | 1595.05 | 2.209 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 |
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 |
| 19 Mon Aug 2024 | 1716.20 | 1782.65 | 1845.00 | 1595.05 | 0.03 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sobha stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sobha in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 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 1719.42 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sobha stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sobha in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 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 1719.42 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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