(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 2024-12-17 View latest technical analysis
10 day averaged volume of Sobha is 4016
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue Dec 2024 | 1620.90 | 1607.60 | 1675.45 | 1595.50 | 6.363 times |
| 16 Mon Dec 2024 | 1590.55 | 1584.60 | 1617.75 | 1584.60 | 1.556 times |
| 13 Fri Dec 2024 | 1581.40 | 1606.05 | 1620.60 | 1553.45 | 1.22 times |
| 12 Thu Dec 2024 | 1621.25 | 1638.95 | 1638.95 | 1612.00 | 1.091 times |
| 11 Wed Dec 2024 | 1626.95 | 1640.00 | 1643.95 | 1610.70 | 0.444 times |
| 10 Tue Dec 2024 | 1650.20 | 1654.05 | 1682.00 | 1626.50 | 1.139 times |
| 09 Mon Dec 2024 | 1676.75 | 1661.05 | 1700.20 | 1652.50 | 0.655 times |
| 06 Fri Dec 2024 | 1652.35 | 1691.95 | 1691.95 | 1647.00 | 0.596 times |
| 05 Thu Dec 2024 | 1670.20 | 1709.10 | 1709.10 | 1664.70 | 0.686 times |
| 04 Wed Dec 2024 | 1694.65 | 1710.00 | 1716.25 | 1672.70 | 1.698 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 bearish for shortterm, and stock might move down till 1583.8 or till 1527.9. Use a stoploss of 1630.41 and if the stock hits stoploss, then it can shoot up till 1677.02
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 1505.05 |
| Downside Target | 1553.45 |
| Downside Target | 1584.60 |
| Upside Target | 1640.00 |
| Upside Target | 1677.85 |
| Upside Target | 1694.95 |
| Upside Target | 1700.20 |
| Upside Target | 1716.25 |
| Upside Target | 1845.00 |
| Upside Target | 1934.35 |
| Upside Target | 2066.20 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1578.52 |
| Downside Intraday Target | 1536.13 |
| Upside Intraday Target | 1669.37 |
| Upside Intraday Target | 1717.83 |
| Upside Intraday Target | 1626.98 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue Dec 2024 | 1620.90 | 1584.60 | 1675.45 | 1584.60 | 1.741 times |
| 13 Fri Dec 2024 | 1581.40 | 1661.05 | 1700.20 | 1553.45 | 0.822 times |
| 06 Fri Dec 2024 | 1652.35 | 1640.05 | 1716.25 | 1640.00 | 0.45 times |
| 29 Fri Nov 2024 | 1669.20 | 1677.85 | 1677.85 | 1594.00 | 1.042 times |
| 22 Fri Nov 2024 | 1628.60 | 1565.05 | 1643.60 | 1505.05 | 1.833 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 |
| 17 Tue Dec 2024 | 1620.90 | 1640.05 | 1716.25 | 1553.45 | 0.421 times |
| 29 Fri Nov 2024 | 1669.20 | 1605.00 | 1694.95 | 1505.05 | 0.82 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 |
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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sobha in short term and the sell signal is strong.
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 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 1630.96 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 positive
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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sobha in short term and the sell signal is strong.
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 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 1630.96 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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