(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 2024-10-08 View latest technical analysis
10 day averaged volume of Sobhagh Merc is 1354
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 104.43 | 104.43 | 104.43 | 104.43 | 0.001 times |
| 07 Mon Oct 2024 | 102.39 | 102.39 | 102.39 | 102.39 | 0.369 times |
| 03 Thu Oct 2024 | 98.43 | 98.43 | 98.43 | 98.43 | 0.001 times |
| 01 Tue Oct 2024 | 96.50 | 96.50 | 96.50 | 96.50 | 0.001 times |
| 30 Mon Sep 2024 | 94.61 | 94.61 | 94.61 | 94.61 | 0.001 times |
| 27 Fri Sep 2024 | 92.76 | 92.76 | 92.76 | 92.76 | 0.001 times |
| 26 Thu Sep 2024 | 90.95 | 90.95 | 90.95 | 90.95 | 9.625 times |
| 25 Wed Sep 2024 | 89.17 | 89.17 | 89.17 | 89.17 | 0.001 times |
| 24 Tue Sep 2024 | 87.43 | 87.43 | 87.43 | 87.43 | 0.001 times |
| 23 Mon Sep 2024 | 85.72 | 85.72 | 85.72 | 85.72 | 0.001 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 107.8, for a target of 95.7 or 85.63
Share price targets for Sobhagh Merc (SobhaghMerc)
| Target Type | Value |
| Downside Target | 22.50 |
| Downside Target | 29.00 |
| Downside Target | 29.58 |
| Downside Target | 43.84 |
| Downside Target | 62.50 |
| Downside Target | 63.75 |
| Downside Target | 70.36 |
| Downside Target | 76.14 |
| Downside Target | 77.66 |
| Downside Target | 84.04 |
| Downside Target | 85.72 |
| Downside Target | 92.76 |
| Downside Target | 96.50 |
| Downside Target | 98.43 |
| Downside Target | 102.39 |
| Downside Target | 104.43 |
Intraday share price targets for Sobhagh Merc (SobhaghMerc)
| Target Type | Value |
| Downside Intraday Target | 103.07 |
| Downside Intraday Target | 101.71 |
| Upside Intraday Target | 105.11 |
| Upside Intraday Target | 105.79 |
| Downside Intraday Target | 103.75 |
Weekly technical analysis of Sobhagh Merc (SobhaghMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 104.43 | 102.39 | 104.43 | 102.39 | 167 times |
| 03 Thu Oct 2024 | 98.43 | 94.61 | 98.43 | 94.61 | 0 times |
| 27 Fri Sep 2024 | 92.76 | 85.72 | 92.76 | 85.72 | 2607.2 times |
| 20 Fri Sep 2024 | 84.04 | 77.66 | 84.04 | 77.66 | 1 times |
| 13 Fri Sep 2024 | 76.14 | 70.36 | 76.14 | 70.36 | 1 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 Sobhagh Merc (SobhaghMerc)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 104.43 | 96.50 | 104.43 | 96.50 | 0.039 times |
| 30 Mon Sep 2024 | 94.61 | 63.75 | 94.61 | 63.75 | 450.069 times |
| 30 Fri Aug 2024 | 62.50 | 44.71 | 62.50 | 44.71 | 1.381 times |
| 31 Wed Jul 2024 | 43.84 | 29.58 | 43.84 | 29.58 | 2.1 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Sobhagh Merc 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.
Sobhagh Merc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Sobhagh Merc in short term and BUY signal is strong.
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 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 91.37 and Sobhagh Merc (SobhaghMerc) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Sobhagh Merc 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.
Sobhagh Merc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Sobhagh Merc in short term and BUY signal is strong.
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 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 91.37 and Sobhagh Merc (SobhaghMerc) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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.
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