(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 2024-05-31 View latest technical analysis
10 day averaged volume of Sobha is 24848
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 1902.50 | 1870.05 | 1920.00 | 1851.25 | 0.563 times |
| 30 Thu May 2024 | 1869.40 | 1866.00 | 1895.00 | 1824.10 | 0.395 times |
| 29 Wed May 2024 | 1876.05 | 1915.00 | 1915.00 | 1863.55 | 0.449 times |
| 28 Tue May 2024 | 1908.90 | 1999.15 | 2017.65 | 1885.40 | 0.59 times |
| 27 Mon May 2024 | 1995.80 | 1965.10 | 2093.35 | 1965.10 | 2.094 times |
| 24 Fri May 2024 | 1956.70 | 1902.95 | 1986.70 | 1870.45 | 2.401 times |
| 23 Thu May 2024 | 1889.25 | 1811.95 | 1899.00 | 1811.95 | 0.407 times |
| 22 Wed May 2024 | 1800.95 | 1768.05 | 1815.00 | 1768.00 | 0.671 times |
| 21 Tue May 2024 | 1767.10 | 1830.00 | 1830.00 | 1725.60 | 0.537 times |
| 18 Sat May 2024 | 1830.00 | 1770.05 | 1868.00 | 1769.45 | 0.786 times |
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 1919.4 as stoploss in an intra day sell trade for a target of 1827.52. However, stock will show a bullish move above 1919.4.
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 989.30 |
| Downside Target | 1207.40 |
| Downside Target | 1258.95 |
| Downside Target | 1426.85 |
| Downside Target | 1577.35 |
| Downside Target | 1624.00 |
| Downside Target | 1725.05 |
| Downside Target | 1798.00 |
| Downside Target | 1881.00 |
| Upside Target | 1962.85 |
| Upside Target | 1968.85 |
| Upside Target | 1986.70 |
| Upside Target | 2093.35 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1786.62 |
| Downside Intraday Target | 1670.73 |
| Upside Intraday Target | 2055.87 |
| Upside Intraday Target | 2209.23 |
| Upside Intraday Target | 1939.98 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 1902.50 | 1965.10 | 2093.35 | 1824.10 | 1.019 times |
| 24 Fri May 2024 | 1956.70 | 1830.00 | 1986.70 | 1725.60 | 0.791 times |
| 18 Sat May 2024 | 1830.00 | 1701.75 | 1881.00 | 1624.00 | 1.201 times |
| 10 Fri May 2024 | 1698.85 | 1872.95 | 1962.85 | 1677.30 | 1.455 times |
| 03 Fri May 2024 | 1856.40 | 1745.75 | 1968.85 | 1725.05 | 0.738 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 |
| 31 Fri May 2024 | 1902.50 | 1788.15 | 2093.35 | 1624.00 | 1.576 times |
| 30 Tue Apr 2024 | 1776.65 | 1437.60 | 1798.00 | 1426.85 | 0.821 times |
| 28 Thu Mar 2024 | 1444.25 | 1589.95 | 1655.20 | 1207.40 | 0.941 times |
| 29 Thu Feb 2024 | 1566.10 | 1447.90 | 1677.60 | 1258.95 | 0.247 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Sobha (Sobha)
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 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 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. 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 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 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 1913.87 and Sobha (Sobha) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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. 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 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 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 1913.87 and Sobha (Sobha) stock is trading below this level. This means that stock is falling with high volumes. 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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