(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 2024-06-24 View latest technical analysis
10 day averaged volume of Sobha is 19557
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 2058.35 | 2073.95 | 2073.95 | 2043.30 | 0.163 times |
| 21 Fri Jun 2024 | 2058.35 | 2073.95 | 2073.95 | 2043.30 | 0.163 times |
| 20 Thu Jun 2024 | 2047.20 | 2069.95 | 2075.85 | 2028.00 | 0.52 times |
| 19 Wed Jun 2024 | 2020.70 | 2072.80 | 2094.25 | 2010.00 | 0.811 times |
| 18 Tue Jun 2024 | 2155.10 | 2238.00 | 2238.00 | 2145.10 | 0.647 times |
| 14 Fri Jun 2024 | 2162.55 | 2098.05 | 2219.00 | 2098.05 | 2.085 times |
| 13 Thu Jun 2024 | 2162.55 | 2098.05 | 2219.00 | 2098.05 | 2.085 times |
| 12 Wed Jun 2024 | 2063.90 | 2067.00 | 2080.45 | 2028.65 | 0.148 times |
| 11 Tue Jun 2024 | 2066.15 | 2065.00 | 2106.00 | 2046.90 | 0.43 times |
| 10 Mon Jun 2024 | 2065.50 | 2106.20 | 2174.00 | 2053.00 | 0.45 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 2108.8 as stoploss in an intra day sell trade for a target of 2000.69. However, stock will show a bullish move above 2108.8.
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 | 1798.00 |
| Downside Target | 2010.00 |
| Upside Target | 2093.35 |
| Upside Target | 2129.95 |
| Upside Target | 2219.00 |
| Upside Target | 2238.00 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 2043.12 |
| Downside Intraday Target | 2027.88 |
| Upside Intraday Target | 2073.77 |
| Upside Intraday Target | 2089.18 |
| Upside Intraday Target | 2058.53 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 2058.35 | 2073.95 | 2073.95 | 2043.30 | 0.076 times |
| 21 Fri Jun 2024 | 2058.35 | 2238.00 | 2238.00 | 2010.00 | 0.412 times |
| 14 Fri Jun 2024 | 2162.55 | 2106.20 | 2219.00 | 2028.65 | 0.761 times |
| 07 Fri Jun 2024 | 2084.95 | 1940.65 | 2129.95 | 1547.20 | 1.315 times |
| 31 Fri May 2024 | 1902.50 | 1965.10 | 2093.35 | 1824.10 | 1.019 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 |
| 24 Mon Jun 2024 | 2058.35 | 1940.65 | 2238.00 | 1547.20 | 0.569 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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. Bears 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
RSI is generating a BUY signal in short term but buying is losing 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 2120.75 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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. Bears 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
RSI is generating a BUY signal in short term but buying is losing 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 2120.75 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 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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