(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 2024-06-05 View latest technical analysis
10 day averaged volume of Sobha is 24732
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 1818.50 | 1820.00 | 1833.20 | 1700.30 | 0.317 times |
| 04 Tue Jun 2024 | 1804.65 | 1912.00 | 1922.20 | 1547.20 | 0.736 times |
| 03 Mon Jun 2024 | 1933.95 | 1940.65 | 1979.00 | 1907.10 | 1.66 times |
| 31 Fri May 2024 | 1902.50 | 1870.05 | 1920.00 | 1851.25 | 0.566 times |
| 30 Thu May 2024 | 1869.40 | 1866.00 | 1895.00 | 1824.10 | 0.397 times |
| 29 Wed May 2024 | 1876.05 | 1915.00 | 1915.00 | 1863.55 | 0.451 times |
| 28 Tue May 2024 | 1908.90 | 1999.15 | 2017.65 | 1885.40 | 0.592 times |
| 27 Mon May 2024 | 1995.80 | 1965.10 | 2093.35 | 1965.10 | 2.103 times |
| 24 Fri May 2024 | 1956.70 | 1902.95 | 1986.70 | 1870.45 | 2.412 times |
| 23 Thu May 2024 | 1889.25 | 1811.95 | 1899.00 | 1811.95 | 0.409 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1734.6 or till 1624.8. Use a stoploss of 1826.13 and if the stock hits stoploss, then it can shoot up till 1917.63
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 1207.40 |
| Downside Target | 1258.95 |
| Downside Target | 1426.85 |
| Downside Target | 1547.20 |
| Downside Target | 1624.00 |
| Downside Target | 1725.60 |
| Downside Target | 1798.00 |
| Upside Target | 1881.00 |
| Upside Target | 1962.85 |
| Upside Target | 1979.00 |
| Upside Target | 1986.70 |
| Upside Target | 2093.35 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1584.13 |
| Downside Intraday Target | 1349.77 |
| Upside Intraday Target | 2015.93 |
| Upside Intraday Target | 2213.37 |
| Downside Intraday Target | 1781.57 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 1818.50 | 1940.65 | 1979.00 | 1547.20 | 0.66 times |
| 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 |
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 |
| 05 Wed Jun 2024 | 1818.50 | 1940.65 | 1979.00 | 1547.20 | 0.136 times |
| 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 |
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sobha in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 1928.83 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sobha in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 1928.83 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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