(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 2024-02-23 View latest technical analysis
10 day averaged volume of Sobha is 17960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 1460.05 | 1490.10 | 1507.10 | 1440.95 | 0.454 times |
| 22 Thu Feb 2024 | 1481.10 | 1478.05 | 1494.50 | 1433.95 | 2.028 times |
| 21 Wed Feb 2024 | 1480.45 | 1383.70 | 1516.00 | 1383.70 | 2.109 times |
| 20 Tue Feb 2024 | 1384.90 | 1402.80 | 1430.95 | 1380.00 | 0.334 times |
| 19 Mon Feb 2024 | 1398.15 | 1412.25 | 1460.00 | 1390.15 | 0.194 times |
| 16 Fri Feb 2024 | 1440.95 | 1406.20 | 1453.00 | 1295.35 | 2.652 times |
| 15 Thu Feb 2024 | 1397.35 | 1328.25 | 1406.90 | 1328.25 | 0.248 times |
| 14 Wed Feb 2024 | 1355.35 | 1320.50 | 1378.70 | 1315.40 | 0.22 times |
| 13 Tue Feb 2024 | 1353.40 | 1359.45 | 1371.50 | 1322.70 | 0.319 times |
| 12 Mon Feb 2024 | 1347.65 | 1383.25 | 1399.95 | 1258.95 | 1.219 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1455.1, but if it comes below 1455.1, then a intra day sell could be more profitable.
If you take a sell trade below 1455.1, then use 1455.1 as stoploss and 1415.01 as target. However if you take a buy trade in stock , then use 1455.1 as stoploss and 1503.1 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 | 1258.95 |
| Downside Target | 1344.65 |
| Downside Target | 1380.00 |
| Downside Target | 1453.00 |
| Upside Target | 1516.00 |
| Upside Target | 1524.70 |
| Upside Target | 1577.35 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1388.03 |
| Downside Intraday Target | 1316.02 |
| Upside Intraday Target | 1524.03 |
| Upside Intraday Target | 1588.02 |
| Downside Intraday Target | 1452.02 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 1460.05 | 1412.25 | 1516.00 | 1380.00 | 1.099 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 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 |
| 23 Fri Feb 2024 | 1460.05 | 1447.90 | 1524.70 | 1258.95 | 0.182 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 up 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 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 1438.4 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 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 1438.4 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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