(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 2024-01-17 View latest technical analysis
10 day averaged volume of Sobha is 121188
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Jan 2024 | 1325.85 | 1338.65 | 1360.00 | 1315.00 | 0.176 times |
| 16 Tue Jan 2024 | 1365.95 | 1338.85 | 1377.55 | 1312.40 | 0.099 times |
| 15 Mon Jan 2024 | 1326.20 | 1355.00 | 1364.50 | 1309.00 | 0.166 times |
| 12 Fri Jan 2024 | 1347.25 | 1349.85 | 1374.60 | 1330.10 | 0.255 times |
| 11 Thu Jan 2024 | 1329.30 | 1327.75 | 1406.00 | 1313.00 | 0.339 times |
| 10 Wed Jan 2024 | 1306.40 | 1291.00 | 1321.70 | 1265.60 | 0.156 times |
| 09 Tue Jan 2024 | 1290.35 | 1297.45 | 1327.00 | 1273.15 | 0.203 times |
| 08 Mon Jan 2024 | 1295.80 | 1270.40 | 1335.70 | 1240.35 | 1.066 times |
| 05 Fri Jan 2024 | 1270.25 | 1296.95 | 1304.95 | 1234.35 | 1.708 times |
| 04 Thu Jan 2024 | 1297.50 | 1125.95 | 1339.95 | 1122.50 | 5.354 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1319.1, but if it comes below 1319.1, then a intra day sell could be more profitable.
If you take a sell trade below 1319.1, then use 1319.1 as stoploss and 1165.28 as target. However if you take a buy trade in stock , then use 1319.1 as stoploss and 1503.7 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 |
| Upside Target | 1339.95 |
| Upside Target | 1377.55 |
| Upside Target | 1406.00 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1297.38 |
| Downside Intraday Target | 1268.92 |
| Upside Intraday Target | 1365.93 |
| Upside Intraday Target | 1406.02 |
| Upside Intraday Target | 1337.47 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Jan 2024 | 1325.85 | 1355.00 | 1377.55 | 1309.00 | 0.219 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 down 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 |
| 17 Wed Jan 2024 | 1325.85 | 1005.30 | 1406.00 | 989.30 | 1.746 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
Sobha 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 coming down
CCI has generated a SELL signal for Sobha in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1296.62 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
Sobha 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 coming down
CCI has generated a SELL signal for Sobha in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1296.62 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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