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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)

10 day averaged volume of Sobha is 28061

Date Daily Closing Price Open High Low Volume
16 Wed Jun 2021 501.95 515.00 516.45 500.00 0.457 times
15 Tue Jun 2021 514.85 508.00 516.90 505.00 0.486 times
14 Mon Jun 2021 500.75 511.95 511.95 493.45 0.659 times
11 Fri Jun 2021 508.25 512.40 513.10 505.85 0.751 times
10 Thu Jun 2021 512.25 502.80 514.70 502.10 0.586 times
09 Wed Jun 2021 499.10 507.70 520.20 493.00 1.537 times
08 Tue Jun 2021 509.10 506.35 511.85 501.00 0.514 times
07 Mon Jun 2021 505.35 514.80 514.95 501.35 0.407 times
04 Fri Jun 2021 508.90 518.90 522.00 507.00 0.666 times
03 Thu Jun 2021 513.60 505.00 536.80 501.45 3.691 times

My analysis of stock is bullish for shortterm, and stock might move up till 511.5 or till 534.1. Use a stoploss of 492.58 and if this stock hits its stoploss, then it can fall down till 473.7

Share price targets for Sobha (Sobha)

Target Type Value
Downside Target 402.50
Downside Target 421.00
Downside Target 433.65
Downside Target 469.00
Downside Target 482.30
Downside Target 493.75
Downside Target 498.00
Upside Target 516.90
Upside Target 520.20
Upside Target 536.80
Upside Target 548.00

Intraday share price targets for Sobha (Sobha)

Target Type Value
Downside Intraday Target 491.3
Downside Intraday Target 480.65
Upside Intraday Target 514.75
Upside Intraday Target 527.55
Upside Intraday Target 504.1

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
16 Wed Jun 2021 501.95 511.95 516.90 493.45 0.422 times
11 Fri Jun 2021 508.25 514.80 520.20 493.00 0.58 times
04 Fri Jun 2021 508.90 474.15 536.80 472.50 1.057 times
28 Fri May 2021 472.40 453.00 493.75 453.00 3.566 times
21 Fri May 2021 452.75 446.55 469.00 445.85 0.538 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
16 Wed Jun 2021 501.95 498.00 536.80 482.30 0.628 times
31 Mon May 2021 490.75 485.95 498.00 442.00 0.533 times
30 Fri Apr 2021 485.95 449.50 548.00 421.00 1.292 times
31 Wed Mar 2021 435.90 443.00 485.70 402.50 3.514 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)

Indicator Name Indicator Value Indicator Signal
ADX 21, 14, 20 Buy
MACD 16, 16Buy
Stochastics 35None
CCI -52Sell
RSI 57Buy
OBV 207788Sell
VWAP 509Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sobha ( (Sobha) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sobha stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Sobha in short term and the buy 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 in or above 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 BUY signal in short term but buying is losing 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 508.57 and Sobha (Sobha) stock is trading below this level. This means that stock is falling with high volumes. 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 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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Daily charts

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Daily chart
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