(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 2024-08-22 View latest technical analysis
10 day averaged volume of Sobha is 11691
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 1693.25 | 1680.00 | 1706.70 | 1677.35 | 0.148 times |
| 21 Wed Aug 2024 | 1689.35 | 1724.50 | 1724.50 | 1680.50 | 0.393 times |
| 20 Tue Aug 2024 | 1699.60 | 1702.05 | 1729.00 | 1695.00 | 0.805 times |
| 19 Mon Aug 2024 | 1716.20 | 1744.10 | 1744.10 | 1697.00 | 0.718 times |
| 16 Fri Aug 2024 | 1719.10 | 1708.00 | 1726.00 | 1696.65 | 0.652 times |
| 14 Wed Aug 2024 | 1697.00 | 1680.95 | 1705.90 | 1676.00 | 0.493 times |
| 13 Tue Aug 2024 | 1697.45 | 1720.00 | 1724.55 | 1675.00 | 0.433 times |
| 12 Mon Aug 2024 | 1703.55 | 1686.15 | 1734.30 | 1675.45 | 1.234 times |
| 09 Fri Aug 2024 | 1710.05 | 1662.45 | 1770.00 | 1662.45 | 2.868 times |
| 08 Thu Aug 2024 | 1693.45 | 1740.45 | 1740.45 | 1674.00 | 1.199 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 1690.8 as stoploss in an intra day buy trade for a target of 1741.19. However, stock will show a bearish move below 1690.8.
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 | 1710.95 |
| 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 | 1665.7 |
| Downside Intraday Target | 1638.15 |
| Upside Intraday Target | 1732.45 |
| Upside Intraday Target | 1771.65 |
| Upside Intraday Target | 1704.9 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 1693.25 | 1744.10 | 1744.10 | 1677.35 | 0.734 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 |
| 22 Thu Aug 2024 | 1693.25 | 1782.65 | 1845.00 | 1595.05 | 0.033 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sobha ( (Sobha) ) based on a short 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.
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 Weak and stock is gaining 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 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 red color and prices are below the red cloud Prices appear to be moving up
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Sobha is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1704.62 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sobha ( (Sobha) ) based on a short 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.
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 Weak and stock is gaining 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 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 red color and prices are below the red cloud Prices appear to be moving up
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Sobha is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1704.62 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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