(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 2024-02-12 View latest technical analysis
10 day averaged volume of Sobha is 20761
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Feb 2024 | 1347.65 | 1383.25 | 1399.95 | 1258.95 | 1.054 times |
| 09 Fri Feb 2024 | 1414.30 | 1464.15 | 1465.00 | 1370.50 | 0.586 times |
| 08 Thu Feb 2024 | 1429.70 | 1380.05 | 1442.85 | 1348.85 | 2.177 times |
| 07 Wed Feb 2024 | 1472.15 | 1461.85 | 1524.70 | 1454.25 | 0.934 times |
| 06 Tue Feb 2024 | 1440.70 | 1392.30 | 1457.35 | 1392.30 | 1.18 times |
| 05 Mon Feb 2024 | 1392.45 | 1406.65 | 1427.95 | 1374.25 | 0.312 times |
| 02 Fri Feb 2024 | 1404.55 | 1425.60 | 1458.00 | 1398.40 | 0.251 times |
| 01 Thu Feb 2024 | 1419.65 | 1447.90 | 1454.95 | 1403.50 | 0.45 times |
| 31 Wed Jan 2024 | 1446.90 | 1386.15 | 1451.85 | 1382.75 | 0.695 times |
| 30 Tue Jan 2024 | 1402.50 | 1381.40 | 1446.55 | 1372.30 | 2.256 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1359.6, but if it comes above 1359.6, then a intra day buy could be more profitable.
If you take a sell trade below 1359.6, then use 1359.6 as stoploss and 1304.5 as target. However if you take a buy trade in stock , then use 1359.6 as stoploss and 1405.43 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 | 1242.30 |
| Downside Target | 1344.65 |
| Upside Target | 1399.95 |
| Upside Target | 1458.00 |
| Upside Target | 1524.70 |
| Upside Target | 1552.30 |
| Upside Target | 1577.35 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1271.08 |
| Downside Intraday Target | 1194.52 |
| Upside Intraday Target | 1412.08 |
| Upside Intraday Target | 1476.52 |
| Downside Intraday Target | 1335.52 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Feb 2024 | 1347.65 | 1383.25 | 1399.95 | 1258.95 | 0.203 times |
| 09 Fri Feb 2024 | 1414.30 | 1406.65 | 1524.70 | 1348.85 | 1.079 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 |
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 |
| 12 Mon Feb 2024 | 1347.65 | 1447.90 | 1524.70 | 1258.95 | 0.088 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 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 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 to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sobha in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 1418.11 and Sobha (Sobha) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sobha in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 1418.11 and Sobha (Sobha) stock is trading below this level. This means that stock is falling with high volumes. 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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