(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 2024-12-27 View latest technical analysis
10 day averaged volume of Sobhagh Merc is 16999
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Dec 2024 | 302.80 | 302.80 | 302.80 | 302.80 | 1.173 times |
| 26 Thu Dec 2024 | 296.90 | 296.90 | 296.90 | 296.90 | 0.006 times |
| 24 Tue Dec 2024 | 291.10 | 291.10 | 291.10 | 279.70 | 5.621 times |
| 23 Mon Dec 2024 | 285.40 | 285.40 | 285.40 | 285.40 | 0.118 times |
| 20 Fri Dec 2024 | 279.85 | 279.85 | 279.85 | 279.85 | 2.892 times |
| 19 Thu Dec 2024 | 274.40 | 274.40 | 274.40 | 274.40 | 1.232 times |
| 18 Wed Dec 2024 | 269.05 | 269.05 | 269.05 | 269.05 | 0.098 times |
| 17 Tue Dec 2024 | 263.80 | 263.80 | 263.80 | 263.80 | 0.001 times |
| 16 Mon Dec 2024 | 258.65 | 258.65 | 258.65 | 258.65 | 0.03 times |
| 13 Fri Dec 2024 | 253.60 | 253.60 | 253.60 | 253.60 | 0 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 281.4, but if it comes below 281.4, then a intra day sell could be more profitable.
If you take a sell trade below 281.4, then use 281.4 as stoploss and 252.75 as target. However if you take a buy trade in stock , then use 281.4 as stoploss and 315.8 as target.
Share price targets for Sobhagh Merc (SobhaghMerc)
| Target Type | Value |
| Downside Target | 44.71 |
| Downside Target | 62.50 |
| Downside Target | 63.75 |
| Downside Target | 94.61 |
| Downside Target | 96.50 |
| Downside Target | 146.13 |
| Downside Target | 149.05 |
| Downside Target | 188.65 |
| Downside Target | 208.30 |
| Downside Target | 229.85 |
| Downside Target | 253.60 |
| Downside Target | 279.70 |
| Downside Target | 279.85 |
| Downside Target | 302.80 |
Intraday share price targets for Sobhagh Merc (SobhaghMerc)
| Target Type | Value |
| Downside Intraday Target | 287.4 |
| Downside Intraday Target | 272 |
| Upside Intraday Target | 310.5 |
| Upside Intraday Target | 318.2 |
| Downside Intraday Target | 295.1 |
Weekly technical analysis of Sobhagh Merc (SobhaghMerc)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Dec 2024 | 302.80 | 285.40 | 302.80 | 279.70 | 1.627 times |
| 20 Fri Dec 2024 | 279.85 | 258.65 | 279.85 | 258.65 | 382.444 times |
| 13 Fri Dec 2024 | 253.60 | 234.40 | 253.60 | 234.40 | 0.236 times |
| 06 Fri Dec 2024 | 229.85 | 212.45 | 229.85 | 212.45 | 0.011 times |
| 29 Fri Nov 2024 | 208.30 | 192.50 | 208.30 | 188.65 | 4.565 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 |
| 27 Fri Dec 2024 | 302.80 | 212.45 | 302.80 | 212.45 | 1.386 times |
| 29 Fri Nov 2024 | 208.30 | 149.05 | 208.30 | 149.05 | 3.359 times |
| 31 Thu Oct 2024 | 146.13 | 96.50 | 146.13 | 96.50 | 3.14 times |
| 30 Mon Sep 2024 | 94.61 | 63.75 | 94.61 | 63.75 | 450.069 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 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 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 287.23 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 rising upwards.
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 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 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 287.23 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 rising upwards.
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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