(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 2024-02-20 View latest technical analysis
10 day averaged volume of Sobha is 18841
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 1384.90 | 1402.80 | 1430.95 | 1380.00 | 0.318 times |
| 19 Mon Feb 2024 | 1398.15 | 1412.25 | 1460.00 | 1390.15 | 0.185 times |
| 16 Fri Feb 2024 | 1440.95 | 1406.20 | 1453.00 | 1295.35 | 2.528 times |
| 15 Thu Feb 2024 | 1397.35 | 1328.25 | 1406.90 | 1328.25 | 0.236 times |
| 14 Wed Feb 2024 | 1355.35 | 1320.50 | 1378.70 | 1315.40 | 0.21 times |
| 13 Tue Feb 2024 | 1353.40 | 1359.45 | 1371.50 | 1322.70 | 0.304 times |
| 12 Mon Feb 2024 | 1347.65 | 1383.25 | 1399.95 | 1258.95 | 1.162 times |
| 09 Fri Feb 2024 | 1414.30 | 1464.15 | 1465.00 | 1370.50 | 0.646 times |
| 08 Thu Feb 2024 | 1429.70 | 1380.05 | 1442.85 | 1348.85 | 2.398 times |
| 07 Wed Feb 2024 | 1472.15 | 1461.85 | 1524.70 | 1454.25 | 1.029 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1367.6 or till 1327.9. Use a stoploss of 1400.66 and if the stock hits stoploss, then it can shoot up till 1433.74
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 | 1258.95 |
| Downside Target | 1344.65 |
| Downside Target | 1380.00 |
| Upside Target | 1453.00 |
| Upside Target | 1460.00 |
| Upside Target | 1524.70 |
| Upside Target | 1577.35 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1356.6 |
| Downside Intraday Target | 1328.3 |
| Upside Intraday Target | 1436.6 |
| Upside Intraday Target | 1488.3 |
| Upside Intraday Target | 1408.3 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 1384.90 | 1412.25 | 1460.00 | 1380.00 | 0.113 times |
| 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 |
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 |
| 20 Tue Feb 2024 | 1384.90 | 1447.90 | 1524.70 | 1258.95 | 0.132 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 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 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 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.
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 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 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 1418.65 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 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 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 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.
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 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 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 1418.65 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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