(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 2024-01-16 View latest technical analysis
10 day averaged volume of Sobha is 122606
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 1365.95 | 1338.85 | 1377.55 | 1312.40 | 0.098 times |
| 15 Mon Jan 2024 | 1326.20 | 1355.00 | 1364.50 | 1309.00 | 0.164 times |
| 12 Fri Jan 2024 | 1347.25 | 1349.85 | 1374.60 | 1330.10 | 0.252 times |
| 11 Thu Jan 2024 | 1329.30 | 1327.75 | 1406.00 | 1313.00 | 0.336 times |
| 10 Wed Jan 2024 | 1306.40 | 1291.00 | 1321.70 | 1265.60 | 0.154 times |
| 09 Tue Jan 2024 | 1290.35 | 1297.45 | 1327.00 | 1273.15 | 0.201 times |
| 08 Mon Jan 2024 | 1295.80 | 1270.40 | 1335.70 | 1240.35 | 1.053 times |
| 05 Fri Jan 2024 | 1270.25 | 1296.95 | 1304.95 | 1234.35 | 1.688 times |
| 04 Thu Jan 2024 | 1297.50 | 1125.95 | 1339.95 | 1122.50 | 5.292 times |
| 03 Wed Jan 2024 | 1116.65 | 1015.75 | 1140.00 | 1011.35 | 0.647 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1302.2, but if it comes below 1302.2, then a intra day sell could be more profitable.
If you take a sell trade below 1302.2, then use 1302.2 as stoploss and 1149.06 as target. However if you take a buy trade in stock , then use 1302.2 as stoploss and 1486 as target.
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 | 975.20 |
| Downside Target | 1045.25 |
| Downside Target | 1088.00 |
| Downside Target | 1240.35 |
| Downside Target | 1309.00 |
| Downside Target | 1339.95 |
| Upside Target | 1377.55 |
| Upside Target | 1406.00 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1324.12 |
| Downside Intraday Target | 1282.28 |
| Upside Intraday Target | 1392.67 |
| Upside Intraday Target | 1419.38 |
| Downside Intraday Target | 1350.83 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 1365.95 | 1355.00 | 1377.55 | 1309.00 | 0.131 times |
| 12 Fri Jan 2024 | 1347.25 | 1270.40 | 1406.00 | 1240.35 | 0.251 times |
| 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 |
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 Sobha (Sobha)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 1365.95 | 1005.30 | 1406.00 | 989.30 | 1.717 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, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Sobha (Sobha)
Price action analysis of Sobha ( (Sobha) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 moving up
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 and the buying is gaining 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 1284.33 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 moving up
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 and the buying is gaining 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 1284.33 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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