(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)
Showing technical analysis as on 2024-01-05 View latest technical analysis
10 day averaged volume of Sobha is 91726
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Jan 2024 | 1270.25 | 1296.95 | 1304.95 | 1234.35 | 2.256 times |
| 04 Thu Jan 2024 | 1297.50 | 1125.95 | 1339.95 | 1122.50 | 7.074 times |
| 03 Wed Jan 2024 | 1116.65 | 1015.75 | 1140.00 | 1011.35 | 0.864 times |
| 02 Tue Jan 2024 | 1009.65 | 1023.00 | 1029.90 | 1002.00 | 0.285 times |
| 01 Mon Jan 2024 | 1023.45 | 1005.30 | 1032.65 | 989.30 | 0.154 times |
| 29 Fri Dec 2023 | 985.60 | 1019.85 | 1019.85 | 975.20 | 0.282 times |
| 28 Thu Dec 2023 | 1002.75 | 1015.00 | 1023.25 | 998.00 | 0.096 times |
| 27 Wed Dec 2023 | 1013.70 | 1019.90 | 1030.65 | 1010.00 | 0.137 times |
| 26 Tue Dec 2023 | 1013.85 | 1040.25 | 1045.25 | 1008.55 | 0.23 times |
| 22 Fri Dec 2023 | 1028.90 | 988.05 | 1047.35 | 987.65 | 0.636 times |
Stock of Sobha (Sobha) has showed a significant fall. This could be a good time to exit from this stock.
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 1233.1, for a target of 1129.5 or 1043.21
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 593.30 |
| Downside Target | 642.70 |
| Downside Target | 712.30 |
| Downside Target | 750.00 |
| Downside Target | 785.65 |
| Downside Target | 909.00 |
| Downside Target | 944.65 |
| Downside Target | 1045.25 |
| Downside Target | 1047.35 |
| Downside Target | 1056.10 |
| Downside Target | 1088.00 |
| Upside Target | 1339.95 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1059.72 |
| Downside Intraday Target | 849.18 |
| Upside Intraday Target | 1410.37 |
| Upside Intraday Target | 1550.48 |
| Downside Intraday Target | 1199.83 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Jan 2024 | 1270.25 | 1005.30 | 1339.95 | 989.30 | 14.276 times |
| 29 Fri Dec 2023 | 985.60 | 1040.25 | 1045.25 | 975.20 | 0.429 times |
| 22 Fri Dec 2023 | 1028.90 | 1039.85 | 1047.35 | 944.65 | 0.687 times |
| 15 Fri Dec 2023 | 1019.45 | 1038.50 | 1088.00 | 961.60 | 1.131 times |
| 08 Fri Dec 2023 | 1034.60 | 960.10 | 1056.10 | 917.50 | 1.621 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 Sobha (Sobha)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Fri Jan 2024 | 1270.25 | 1005.30 | 1339.95 | 989.30 | 1.337 times |
| 29 Fri Dec 2023 | 985.60 | 918.35 | 1088.00 | 909.00 | 1.014 times |
| 30 Thu Nov 2023 | 907.30 | 712.30 | 915.10 | 712.30 | 0.74 times |
| 31 Tue Oct 2023 | 712.20 | 701.05 | 785.65 | 642.70 | 0.814 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)
Price action analysis of Sobha ( (Sobha) ) based on a short 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 short 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 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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Sobha in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sobha is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1236.45 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.
Price action analysis of Sobha ( (Sobha) ) based on a short 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 short 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 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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Sobha in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sobha is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1236.45 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.
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