(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 2024-02-06 View latest technical analysis
10 day averaged volume of Sobha is 24232
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Feb 2024 | 1440.70 | 1392.30 | 1457.35 | 1392.30 | 1.011 times |
| 05 Mon Feb 2024 | 1392.45 | 1406.65 | 1427.95 | 1374.25 | 0.267 times |
| 02 Fri Feb 2024 | 1404.55 | 1425.60 | 1458.00 | 1398.40 | 0.215 times |
| 01 Thu Feb 2024 | 1419.65 | 1447.90 | 1454.95 | 1403.50 | 0.385 times |
| 31 Wed Jan 2024 | 1446.90 | 1386.15 | 1451.85 | 1382.75 | 0.596 times |
| 30 Tue Jan 2024 | 1402.50 | 1381.40 | 1446.55 | 1372.30 | 1.933 times |
| 29 Mon Jan 2024 | 1378.00 | 1388.20 | 1405.20 | 1344.65 | 0.992 times |
| 25 Thu Jan 2024 | 1382.35 | 1414.75 | 1429.95 | 1367.95 | 0.304 times |
| 24 Wed Jan 2024 | 1392.20 | 1360.30 | 1417.85 | 1280.00 | 0.776 times |
| 23 Tue Jan 2024 | 1359.95 | 1499.85 | 1499.85 | 1315.00 | 2.933 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1439.9, but if it comes below 1439.9, then a intra day sell could be more profitable.
If you take a sell trade below 1439.9, then use 1439.9 as stoploss and 1385.91 as target. However if you take a buy trade in stock , then use 1439.9 as stoploss and 1504.6 as target.
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 642.70 |
| Downside Target | 712.30 |
| Downside Target | 785.65 |
| Downside Target | 909.00 |
| Downside Target | 989.30 |
| Downside Target | 1088.00 |
| Downside Target | 1240.35 |
| Downside Target | 1280.00 |
| Downside Target | 1344.65 |
| Downside Target | 1374.25 |
| Downside Target | 1406.00 |
| Upside Target | 1457.35 |
| Upside Target | 1458.00 |
| Upside Target | 1552.30 |
| Upside Target | 1577.35 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1390.85 |
| Downside Intraday Target | 1341 |
| Upside Intraday Target | 1473.95 |
| Upside Intraday Target | 1507.2 |
| Downside Intraday Target | 1424.1 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Feb 2024 | 1440.70 | 1406.65 | 1457.35 | 1374.25 | 0.31 times |
| 02 Fri Feb 2024 | 1404.55 | 1388.20 | 1458.00 | 1344.65 | 0.735 times |
| 25 Thu Jan 2024 | 1382.35 | 1437.80 | 1577.35 | 1280.00 | 0.692 times |
| 19 Fri Jan 2024 | 1453.05 | 1355.00 | 1552.30 | 1242.30 | 0.803 times |
| 12 Fri Jan 2024 | 1347.25 | 1270.40 | 1406.00 | 1240.35 | 0.251 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 |
| 06 Tue Feb 2024 | 1440.70 | 1447.90 | 1458.00 | 1374.25 | 0.028 times |
| 31 Wed Jan 2024 | 1446.90 | 1005.30 | 1577.35 | 989.30 | 2.246 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 |
Scroll below to view daily charts
Price has moved down 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 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 SELL signal for Sobha in short term but the sell signal is initial and weak.
Sobha Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 positive zone. This is a BUY zone
Stock of Sobha is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1392.54 and Sobha (Sobha) 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 Sobha (Sobha) stock. Volume based technical analysis of Sobha (Sobha) stock is negative.
Sobha Stock has given negative 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 SELL signal for Sobha in short term but the sell signal is initial and weak.
Sobha Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 positive zone. This is a BUY zone
Stock of Sobha is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1392.54 and Sobha (Sobha) 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 Sobha (Sobha) stock. Volume based technical analysis of Sobha (Sobha) stock is negative.
Sobha Stock has given negative 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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