(SobhaghMerc) Sobhagh Merc complete technical analysis [charts+indicators] | Buy/Sell Sobhagh Merc | (SobhaghMerc) share price targets
Complete technical analysis of Sobhagh Merc (SobhaghMerc) by charts plus indicators, forecast predictions and share price targets for Sobhagh Merc (SobhaghMerc)
Showing technical analysis as on 2024-06-14 View latest technical analysis
10 day averaged volume of Sobhagh Merc is 3
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 25.79 | 25.79 | 25.79 | 25.79 | 0.333 times |
| 13 Thu Jun 2024 | 25.79 | 25.79 | 25.79 | 25.79 | 0.333 times |
| 12 Wed Jun 2024 | 25.29 | 25.29 | 25.29 | 25.29 | 0.333 times |
| 07 Fri Jun 2024 | 24.80 | 24.80 | 24.80 | 24.80 | 0.333 times |
| 05 Wed Jun 2024 | 23.62 | 23.62 | 23.62 | 23.62 | 0.333 times |
| 04 Tue Jun 2024 | 22.50 | 22.50 | 22.50 | 22.50 | 0.333 times |
| 12 Fri Apr 2024 | 36.44 | 36.44 | 36.44 | 36.44 | 1.667 times |
| 05 Fri Apr 2024 | 35.73 | 35.73 | 35.73 | 35.73 | 1.667 times |
| 04 Thu Apr 2024 | 35.03 | 35.03 | 35.03 | 35.03 | 1.667 times |
| 02 Tue Apr 2024 | 34.35 | 34.35 | 34.35 | 34.35 | 1.667 times |
My analysis of stock is bearish for shortterm, and stock might move down till 23.4 or till 17.7. Use a stoploss of 28.13 and if the stock hits stoploss, then it can shoot up till 32.86
Share price targets for Sobhagh Merc (SobhaghMerc)
| Target Type | Value |
| Downside Target | 12.16 |
| Downside Target | 12.76 |
| Downside Target | 13.39 |
| Downside Target | 15.48 |
| Downside Target | 16.25 |
| Downside Target | 22.50 |
| Downside Target | 24.80 |
| Upside Target | 29.11 |
| Upside Target | 32.08 |
| Upside Target | 33.68 |
| Upside Target | 35.73 |
| Upside Target | 36.44 |
Intraday share price targets for Sobhagh Merc (SobhaghMerc)
| Target Type | Value |
| Downside Intraday Target | 25.46 |
| Downside Intraday Target | 25.12 |
| Upside Intraday Target | 25.96 |
| Upside Intraday Target | 26.12 |
| Downside Intraday Target | 25.62 |
Weekly technical analysis of Sobhagh Merc (SobhaghMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 25.79 | 25.29 | 25.79 | 25.29 | 1 times |
| 07 Fri Jun 2024 | 24.80 | 22.50 | 24.80 | 22.50 | 0.6 times |
| 12 Fri Apr 2024 | 36.44 | 36.44 | 36.44 | 36.44 | 0.25 times |
| 05 Fri Apr 2024 | 35.73 | 33.68 | 35.73 | 33.68 | 1.333 times |
| 28 Thu Mar 2024 | 32.08 | 29.11 | 32.08 | 29.11 | 0.75 times |
Price has moved up 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 Sobhagh Merc (SobhaghMerc)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 25.79 | 22.50 | 25.79 | 22.50 | 0.24 times |
| 12 Fri Apr 2024 | 36.44 | 33.68 | 36.44 | 33.68 | 0.078 times |
| 28 Thu Mar 2024 | 32.08 | 16.25 | 32.08 | 16.25 | 4.6 times |
| 29 Thu Feb 2024 | 15.48 | 13.39 | 15.48 | 13.39 | 0.02 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 Sobhagh Merc (SobhaghMerc)
Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sobhagh Merc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sobhagh Merc in short term but the sell signal is initial and weak.
Sobhagh Merc 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sobhagh Merc in short term
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Sobhagh Merc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 32.91 and Sobhagh Merc (SobhaghMerc) 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 Sobhagh Merc (SobhaghMerc) stock. Volume based technical analysis of Sobhagh Merc (SobhaghMerc) stock is negative.
Sobhagh Merc 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 Sobhagh Merc ( (SobhaghMerc) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sobhagh Merc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sobhagh Merc in short term but the sell signal is initial and weak.
Sobhagh Merc 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sobhagh Merc in short term
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Sobhagh Merc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 32.91 and Sobhagh Merc (SobhaghMerc) 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 Sobhagh Merc (SobhaghMerc) stock. Volume based technical analysis of Sobhagh Merc (SobhaghMerc) stock is negative.
Sobhagh Merc 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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