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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 2024-11-04 View latest technical analysis

10 day averaged volume of Sobha is 6193

Date Daily Closing Price Open High Low Volume
04 Mon Nov 2024 1565.15 1566.40 1595.60 1541.60 3.254 times
01 Fri Nov 2024 1601.55 1605.00 1611.95 1590.00 0.066 times
31 Thu Oct 2024 1587.80 1585.45 1609.05 1563.10 0.722 times
30 Wed Oct 2024 1604.85 1535.20 1614.70 1535.20 0.502 times
29 Tue Oct 2024 1550.75 1568.65 1577.50 1515.00 0.861 times
28 Mon Oct 2024 1537.85 1540.00 1574.65 1518.00 2.206 times
25 Fri Oct 2024 1549.35 1610.05 1624.25 1533.00 2.369 times
24 Thu Oct 2024 1615.40 1645.00 1675.50 1601.00 0.46 times
23 Wed Oct 2024 1650.90 1666.95 1690.00 1629.95 0.821 times
22 Tue Oct 2024 1667.25 1702.05 1707.05 1641.50 1.091 times

Stock of Sobha (Sobha) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1582.2, but if it comes above 1582.2, then a intra day buy could be more profitable.
If you take a sell trade below 1582.2, then use 1582.2 as stoploss and 1479.8 as target. However if you take a buy trade in stock , then use 1582.2 as stoploss and 1667.48 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 1758.90
Upside Target 1779.95
Upside Target 1831.95
Upside Target 1845.00
Upside Target 1934.35
Upside Target 2066.20
Upside Target 2146.90

Intraday share price targets for Sobha (Sobha)

Target Type Value
Downside Intraday Target 1539.3
Downside Intraday Target 1513.45
Upside Intraday Target 1593.3
Upside Intraday Target 1621.45
Upside Intraday Target 1567.45

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
04 Mon Nov 2024 1565.15 1566.40 1595.60 1541.60 0.747 times
01 Fri Nov 2024 1601.55 1540.00 1614.70 1515.00 0.772 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

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
04 Mon Nov 2024 1565.15 1605.00 1611.95 1541.60 0.098 times
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

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 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 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 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 getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 1575.96 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 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 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 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 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 getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 1575.96 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.

Click here for Sobha charts

Click here for further forecast and predictions for tomorrow

Daily charts

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