(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 2024-02-16 View latest technical analysis
10 day averaged volume of Sobha is 14897
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 1440.95 | 1406.20 | 1453.00 | 1295.35 | 3.198 times |
| 15 Thu Feb 2024 | 1397.35 | 1328.25 | 1406.90 | 1328.25 | 0.299 times |
| 14 Wed Feb 2024 | 1355.35 | 1320.50 | 1378.70 | 1315.40 | 0.265 times |
| 13 Tue Feb 2024 | 1353.40 | 1359.45 | 1371.50 | 1322.70 | 0.385 times |
| 12 Mon Feb 2024 | 1347.65 | 1383.25 | 1399.95 | 1258.95 | 1.469 times |
| 09 Fri Feb 2024 | 1414.30 | 1464.15 | 1465.00 | 1370.50 | 0.817 times |
| 08 Thu Feb 2024 | 1429.70 | 1380.05 | 1442.85 | 1348.85 | 3.033 times |
| 07 Wed Feb 2024 | 1472.15 | 1461.85 | 1524.70 | 1454.25 | 1.302 times |
| 06 Tue Feb 2024 | 1440.70 | 1392.30 | 1457.35 | 1392.30 | 1.645 times |
| 05 Mon Feb 2024 | 1392.45 | 1406.65 | 1427.95 | 1374.25 | 0.435 times |
Stock of Sobha (Sobha) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1446.1 as stoploss in an intra day sell trade for a target of 1407.98. However, stock will show a bullish move above 1446.1.
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 | 1453.00 |
| 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 | 1315.6 |
| Downside Intraday Target | 1190.25 |
| Upside Intraday Target | 1509.65 |
| Upside Intraday Target | 1578.35 |
| Downside Intraday Target | 1384.3 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 1440.95 | 1383.25 | 1453.00 | 1258.95 | 0.776 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 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 Fri Feb 2024 | 1440.95 | 1447.90 | 1524.70 | 1258.95 | 0.126 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sobha ( (Sobha) ) based on a short 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 short to mid 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Sobha in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 1422.02 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sobha ( (Sobha) ) based on a short 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 short to mid 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Sobha in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 1422.02 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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