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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 2024-09-02 View latest technical analysis

10 day averaged volume of Sobha is 7800

Date Daily Closing Price Open High Low Volume
02 Mon Sep 2024 1733.25 1720.00 1745.00 1686.45 1.009 times
30 Fri Aug 2024 1688.70 1689.00 1721.60 1681.45 1.048 times
29 Thu Aug 2024 1704.15 1734.75 1734.75 1692.00 0.956 times
28 Wed Aug 2024 1722.25 1724.40 1727.75 1689.20 0.318 times
27 Tue Aug 2024 1712.45 1715.05 1748.40 1700.20 1.094 times
26 Mon Aug 2024 1715.05 1700.00 1748.50 1681.80 3.197 times
23 Fri Aug 2024 1688.20 1724.00 1724.00 1679.55 0.292 times
22 Thu Aug 2024 1693.25 1680.00 1706.70 1677.35 0.221 times
21 Wed Aug 2024 1689.35 1724.50 1724.50 1680.50 0.589 times
20 Tue Aug 2024 1699.60 1702.05 1729.00 1695.00 1.207 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1726.9, but if it comes below 1726.9, then a intra day sell could be more profitable.
If you take a sell trade below 1726.9, then use 1726.9 as stoploss and 1709.61 as target. However if you take a buy trade in stock , then use 1726.9 as stoploss and 1747.6 as target.

Share price targets for Sobha (Sobha)

Target Type Value
Downside Target 1547.20
Downside Target 1595.05
Downside Target 1675.00
Upside Target 1734.30
Upside Target 1745.00
Upside Target 1748.50
Upside Target 1845.00
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 1698.13
Downside Intraday Target 1663.02
Upside Intraday Target 1756.68
Upside Intraday Target 1780.12
Downside Intraday Target 1721.57

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
02 Mon Sep 2024 1733.25 1720.00 1745.00 1686.45 0.153 times
30 Fri Aug 2024 1688.70 1700.00 1748.50 1681.45 1.954 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

Price has moved up 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
02 Mon Sep 2024 1733.25 1720.00 1745.00 1686.45 0.033 times
30 Fri Aug 2024 1688.70 1782.65 1845.00 1595.05 0.043 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

Scroll below to view daily charts

Price has moved up 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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 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 1708.34 and Sobha (Sobha) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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 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 1708.34 and Sobha (Sobha) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

Click here for Sobha charts

Click here for further forecast and predictions for tomorrow

Daily charts

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