(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 2024-11-22 View latest technical analysis
10 day averaged volume of Sobha is 6795
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Nov 2024 | 1628.60 | 1547.35 | 1643.60 | 1527.85 | 4.117 times |
| 21 Thu Nov 2024 | 1514.75 | 1563.05 | 1563.05 | 1505.05 | 0.57 times |
| 19 Tue Nov 2024 | 1532.40 | 1540.00 | 1604.60 | 1526.00 | 1.114 times |
| 18 Mon Nov 2024 | 1521.05 | 1565.05 | 1623.00 | 1511.00 | 1.17 times |
| 14 Thu Nov 2024 | 1532.15 | 1540.55 | 1570.00 | 1524.35 | 1.504 times |
| 13 Wed Nov 2024 | 1545.50 | 1566.00 | 1595.55 | 1535.25 | 0.717 times |
| 12 Tue Nov 2024 | 1595.15 | 1646.85 | 1655.20 | 1591.05 | 0.564 times |
| 11 Mon Nov 2024 | 1613.25 | 1597.15 | 1626.45 | 1567.35 | 1.018 times |
| 08 Fri Nov 2024 | 1597.70 | 1621.90 | 1650.00 | 1584.95 | 0.542 times |
| 07 Thu Nov 2024 | 1646.40 | 1694.00 | 1694.00 | 1639.50 | 0.919 times |
Stock of Sobha (Sobha) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1622.1, but if it comes below 1622.1, then a intra day sell could be more profitable.
If you take a sell trade below 1622.1, then use 1622.1 as stoploss and 1579.86 as target. However if you take a buy trade in stock , then use 1622.1 as stoploss and 1672.8 as target.
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 1505.05 |
| Downside Target | 1595.05 |
| Upside Target | 1655.20 |
| Upside Target | 1694.95 |
| Upside Target | 1741.00 |
| Upside Target | 1758.90 |
| 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 | 1541.23 |
| Downside Intraday Target | 1453.87 |
| Upside Intraday Target | 1679.78 |
| Upside Intraday Target | 1730.97 |
| Downside Intraday Target | 1592.42 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Nov 2024 | 1628.60 | 1565.05 | 1643.60 | 1505.05 | 1.833 times |
| 14 Thu Nov 2024 | 1532.15 | 1597.15 | 1655.20 | 1524.35 | 0.529 times |
| 08 Fri Nov 2024 | 1597.70 | 1566.40 | 1694.95 | 1541.60 | 1.81 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 |
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 |
| 22 Fri Nov 2024 | 1628.60 | 1605.00 | 1694.95 | 1505.05 | 0.584 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 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 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 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 BUY. Signal strength is Weak and stock is losing 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 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
Although the stock is in the BUY zone, but buying 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 1584.68 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 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 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 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 BUY. Signal strength is Weak and stock is losing 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 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
Although the stock is in the BUY zone, but buying 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 1584.68 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 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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