(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 28882
|Date||Daily Closing Price||Open||High||Low||Volume|
|11 Fri Jun 2021||508.25||512.40||513.10||505.85||0.73 times|
|10 Thu Jun 2021||512.25||502.80||514.70||502.10||0.569 times|
|09 Wed Jun 2021||499.10||507.70||520.20||493.00||1.493 times|
|08 Tue Jun 2021||509.10||506.35||511.85||501.00||0.499 times|
|07 Mon Jun 2021||505.35||514.80||514.95||501.35||0.396 times|
|04 Fri Jun 2021||508.90||518.90||522.00||507.00||0.647 times|
|03 Thu Jun 2021||513.60||505.00||536.80||501.45||3.586 times|
|02 Wed Jun 2021||502.00||495.35||506.00||493.30||0.683 times|
|01 Tue Jun 2021||495.75||498.00||507.00||482.30||0.779 times|
|31 Mon May 2021||490.75||474.15||494.85||472.50||0.659 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 507.1, but if it comes below 507.1, then a intra day sell could be more profitable.
If you take a sell trade below 507.1, then use 507.1 as stoploss and 484.4 as target. However if you take a buy trade in stock , then use 507.1 as stoploss and 534.3 as target.
Share price targets for Sobha (Sobha)
Intraday share price targets for Sobha (Sobha)
|Downside Intraday Target||494.1|
|Downside Intraday Target||479.95|
|Upside Intraday Target||521.3|
|Upside Intraday Target||534.35|
|Downside Intraday Target||507.15|
Weekly technical analysis of Sobha (Sobha)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|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|
|14 Fri May 2021||445.50||473.00||481.25||442.00||0.529 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|
|11 Fri Jun 2021||508.25||498.00||536.80||482.30||0.539 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||25, 7, 55||Buy|
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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 506.45 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 is giving positive 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.