(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 92143
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 421.45 | 419.50 | 424.60 | 412.40 | 0.194 times |
| 28 Tue Mar 2023 | 419.65 | 430.10 | 432.45 | 416.80 | 0.334 times |
| 27 Mon Mar 2023 | 429.55 | 440.75 | 440.75 | 422.65 | 0.315 times |
| 24 Fri Mar 2023 | 431.20 | 438.05 | 452.00 | 429.30 | 1.394 times |
| 23 Thu Mar 2023 | 436.45 | 458.55 | 473.35 | 434.00 | 4.652 times |
| 22 Wed Mar 2023 | 452.85 | 520.00 | 520.00 | 430.05 | 2.699 times |
| 21 Tue Mar 2023 | 519.40 | 531.90 | 532.55 | 516.30 | 0.188 times |
| 20 Mon Mar 2023 | 530.30 | 538.00 | 543.40 | 524.30 | 0.167 times |
| 17 Fri Mar 2023 | 545.75 | 534.75 | 553.75 | 531.65 | 0.122 times |
| 16 Thu Mar 2023 | 529.75 | 544.95 | 544.95 | 526.50 | 0.09 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 458.3, but if it comes above 458.3, then a intra day buy could be more profitable.
If you take a sell trade below 458.3, then use 458.3 as stoploss and 390.8 as target. However if you take a buy trade in stock , then use 458.3 as stoploss and 514.64 as target.
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 412.40 |
| Upside Target | 429.30 |
| Upside Target | 440.75 |
| Upside Target | 526.50 |
| Upside Target | 543.40 |
| Upside Target | 556.95 |
| Upside Target | 574.90 |
| Upside Target | 601.35 |
| Upside Target | 604.00 |
| Upside Target | 612.70 |
| Upside Target | 623.25 |
| Upside Target | 655.80 |
| Upside Target | 679.00 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 408.98 |
| Downside Intraday Target | 396.52 |
| Upside Intraday Target | 437.33 |
| Upside Intraday Target | 453.22 |
| Upside Intraday Target | 424.87 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 421.45 | 440.75 | 440.75 | 412.40 | 0.093 times |
| 24 Fri Mar 2023 | 431.20 | 538.00 | 543.40 | 429.30 | 20.283 times |
| 17 Fri Mar 2023 | 545.75 | 552.90 | 561.35 | 526.50 | 1.17 times |
| 10 Fri Mar 2023 | 562.20 | 570.95 | 574.90 | 556.95 | 0.55 times |
| 03 Fri Mar 2023 | 567.55 | 572.00 | 601.35 | 558.00 | 2.191 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 |
| 29 Wed Mar 2023 | 421.45 | 579.00 | 585.40 | 412.40 | 8.426 times |
| 28 Tue Feb 2023 | 578.25 | 587.70 | 612.70 | 560.05 | 0.287 times |
| 31 Tue Jan 2023 | 597.40 | 575.95 | 623.25 | 562.05 | 1.112 times |
| 30 Fri Dec 2022 | 575.45 | 622.00 | 679.00 | 527.50 | 2.406 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Sobha (Sobha)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 4, 42, 82 | Sell |
| MACD | -69, -52 | Sell |
| Stochastics | 5 | Sell |
| CCI | -82 | Sell |
| RSI | 36 | Sell |
| OBV | -925014 | Sell |
| VWAP | 444 | Sell |
| ADL | 0 | Sell |
| ROC | -22 | Sell |
| Force Index | 0 | Sell |
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 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 moving up
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
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 444.25 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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