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(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 2024-08-29 View latest technical analysis

10 day averaged volume of Sobha is 7576

Date Daily Closing Price Open High Low Volume
29 Thu Aug 2024 1704.15 1734.75 1734.75 1692.00 0.984 times
28 Wed Aug 2024 1722.25 1724.40 1727.75 1689.20 0.328 times
27 Tue Aug 2024 1712.45 1715.05 1748.40 1700.20 1.126 times
26 Mon Aug 2024 1715.05 1700.00 1748.50 1681.80 3.292 times
23 Fri Aug 2024 1688.20 1724.00 1724.00 1679.55 0.301 times
22 Thu Aug 2024 1693.25 1680.00 1706.70 1677.35 0.228 times
21 Wed Aug 2024 1689.35 1724.50 1724.50 1680.50 0.607 times
20 Tue Aug 2024 1699.60 1702.05 1729.00 1695.00 1.242 times
19 Mon Aug 2024 1716.20 1744.10 1744.10 1697.00 1.108 times
16 Fri Aug 2024 1719.10 1708.00 1726.00 1696.65 1.007 times

My analysis of stock is bearish for shortterm, and stock might move down till 1691 or till 1662.9. Use a stoploss of 1714.38 and if the stock hits stoploss, then it can shoot up till 1737.77

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 1748.50
Upside Target 1798.00
Upside Target 1845.00
Upside Target 1849.95
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 1674.47
Downside Intraday Target 1644.78
Upside Intraday Target 1741.17
Upside Intraday Target 1778.18
Upside Intraday Target 1711.48

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
29 Thu Aug 2024 1704.15 1700.00 1748.50 1681.80 1.644 times
23 Fri Aug 2024 1688.20 1744.10 1744.10 1677.35 0.803 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

Price has moved up 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
29 Thu Aug 2024 1704.15 1782.65 1845.00 1595.05 0.041 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 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 neutral. A longer time frame might give a better analysis.

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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 but SELL signal is weak.

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

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 1709.79 and Sobha (Sobha) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Sobha (Sobha) stock. Volume based technical analysis of Sobha (Sobha) stock is negative.

Sobha Stock is giving positive 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 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 neutral. A longer time frame might give a better analysis.

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 BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 but SELL signal is weak.

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

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 1709.79 and Sobha (Sobha) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Sobha (Sobha) stock. Volume based technical analysis of Sobha (Sobha) stock is negative.

Sobha Stock is giving positive 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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Daily charts

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