(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 2024-06-27 View latest technical analysis
10 day averaged volume of Sobha is 13773
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 2011.80 | 2068.95 | 2069.00 | 1990.10 | 0.325 times |
| 26 Wed Jun 2024 | 2047.75 | 2067.85 | 2067.85 | 2025.50 | 0.247 times |
| 25 Tue Jun 2024 | 2045.60 | 2000.40 | 2058.15 | 2000.40 | 0.35 times |
| 24 Mon Jun 2024 | 2058.35 | 2073.95 | 2073.95 | 2043.30 | 0.231 times |
| 21 Fri Jun 2024 | 2058.35 | 2073.95 | 2073.95 | 2043.30 | 0.231 times |
| 20 Thu Jun 2024 | 2047.20 | 2069.95 | 2075.85 | 2028.00 | 0.739 times |
| 19 Wed Jun 2024 | 2020.70 | 2072.80 | 2094.25 | 2010.00 | 1.152 times |
| 18 Tue Jun 2024 | 2155.10 | 2238.00 | 2238.00 | 2145.10 | 0.918 times |
| 14 Fri Jun 2024 | 2162.55 | 2098.05 | 2219.00 | 2098.05 | 2.961 times |
| 13 Thu Jun 2024 | 2162.55 | 2098.05 | 2219.00 | 2098.05 | 2.961 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1914.7 or till 1792.1. Use a stoploss of 2016.91 and if the stock hits stoploss, then it can shoot up till 2119.1
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 | 1990.10 |
| Upside Target | 2073.95 |
| 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 | 1976.62 |
| Downside Intraday Target | 1941.43 |
| Upside Intraday Target | 2060.47 |
| Upside Intraday Target | 2109.13 |
| Upside Intraday Target | 2025.28 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 2011.80 | 2073.95 | 2073.95 | 1990.10 | 0.379 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 |
| 27 Thu Jun 2024 | 2011.80 | 1940.65 | 2238.00 | 1547.20 | 0.595 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 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 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 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 SELL. Signal strength is Weak 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 LOWS in short term which reflects strong selling momentum. 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 and SELL signal is strong!
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 2120.84 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 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 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 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 SELL. Signal strength is Weak 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 LOWS in short term which reflects strong selling momentum. 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 and SELL signal is strong!
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 2120.84 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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