(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 2024-10-31 View latest technical analysis
10 day averaged volume of Sobha is 7062
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 1587.80 | 1585.45 | 1609.05 | 1563.10 | 0.634 times |
| 30 Wed Oct 2024 | 1604.85 | 1535.20 | 1614.70 | 1535.20 | 0.44 times |
| 29 Tue Oct 2024 | 1550.75 | 1568.65 | 1577.50 | 1515.00 | 0.755 times |
| 28 Mon Oct 2024 | 1537.85 | 1540.00 | 1574.65 | 1518.00 | 1.934 times |
| 25 Fri Oct 2024 | 1549.35 | 1610.05 | 1624.25 | 1533.00 | 2.077 times |
| 24 Thu Oct 2024 | 1615.40 | 1645.00 | 1675.50 | 1601.00 | 0.403 times |
| 23 Wed Oct 2024 | 1650.90 | 1666.95 | 1690.00 | 1629.95 | 0.72 times |
| 22 Tue Oct 2024 | 1667.25 | 1702.05 | 1707.05 | 1641.50 | 0.957 times |
| 21 Mon Oct 2024 | 1704.55 | 1730.00 | 1758.90 | 1699.25 | 0.79 times |
| 18 Fri Oct 2024 | 1741.95 | 1722.30 | 1750.00 | 1699.25 | 0.639 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1600, but if it comes above 1600, then a intra day buy could be more profitable.
If you take a sell trade below 1600, then use 1600 as stoploss and 1495.4 as target. However if you take a buy trade in stock , then use 1600 as stoploss and 1687.21 as target.
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 1515.00 |
| Upside Target | 1595.05 |
| Upside Target | 1652.70 |
| Upside Target | 1741.00 |
| Upside Target | 1779.95 |
| Upside Target | 1831.95 |
| Upside Target | 1845.00 |
| Upside Target | 1934.35 |
| Upside Target | 1971.90 |
| Upside Target | 2066.20 |
| Upside Target | 2146.90 |
| Upside Target | 2238.00 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1530.3 |
| Downside Intraday Target | 1472.8 |
| Upside Intraday Target | 1630 |
| Upside Intraday Target | 1672.2 |
| Downside Intraday Target | 1572.5 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 1587.80 | 1540.00 | 1614.70 | 1515.00 | 0.761 times |
| 25 Fri Oct 2024 | 1549.35 | 1730.00 | 1758.90 | 1533.00 | 0.738 times |
| 18 Fri Oct 2024 | 1741.95 | 1738.00 | 1831.95 | 1699.25 | 0.714 times |
| 11 Fri Oct 2024 | 1703.75 | 1761.05 | 1779.95 | 1675.35 | 1.444 times |
| 03 Thu Oct 2024 | 1822.30 | 1952.05 | 1971.90 | 1758.35 | 0.582 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 |
| 31 Thu Oct 2024 | 1587.80 | 1925.00 | 1934.35 | 1515.00 | 0.706 times |
| 30 Mon Sep 2024 | 1941.35 | 1720.00 | 2066.20 | 1652.70 | 1.256 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 |
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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but BUY 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 1601.32 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but BUY 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 1601.32 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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