(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 2024-08-16 View latest technical analysis
10 day averaged volume of Sobha is 15068
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 1719.10 | 1708.00 | 1726.00 | 1696.65 | 0.506 times |
| 14 Wed Aug 2024 | 1697.00 | 1680.95 | 1705.90 | 1676.00 | 0.383 times |
| 13 Tue Aug 2024 | 1697.45 | 1720.00 | 1724.55 | 1675.00 | 0.336 times |
| 12 Mon Aug 2024 | 1703.55 | 1686.15 | 1734.30 | 1675.45 | 0.958 times |
| 09 Fri Aug 2024 | 1710.05 | 1662.45 | 1770.00 | 1662.45 | 2.225 times |
| 08 Thu Aug 2024 | 1693.45 | 1740.45 | 1740.45 | 1674.00 | 0.93 times |
| 07 Wed Aug 2024 | 1716.15 | 1830.00 | 1845.00 | 1707.50 | 0.934 times |
| 06 Tue Aug 2024 | 1749.75 | 1754.85 | 1783.15 | 1702.00 | 1.545 times |
| 05 Mon Aug 2024 | 1743.15 | 1695.90 | 1771.95 | 1595.05 | 1.448 times |
| 02 Fri Aug 2024 | 1730.55 | 1761.00 | 1774.95 | 1710.95 | 0.632 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1710.4 as stoploss in an intra day buy trade for a target of 1762.73. However, stock will show a bearish move below 1710.4.
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 1426.85 |
| Downside Target | 1547.20 |
| Downside Target | 1595.05 |
| Downside Target | 1675.00 |
| Downside Target | 1710.95 |
| Upside Target | 1798.00 |
| Upside Target | 1845.00 |
| Upside Target | 1849.95 |
| Upside Target | 1933.60 |
| Upside Target | 1975.00 |
| Upside Target | 2093.35 |
| Upside Target | 2146.90 |
| Upside Target | 2238.00 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1684.63 |
| Downside Intraday Target | 1650.17 |
| Upside Intraday Target | 1743.93 |
| Upside Intraday Target | 1768.77 |
| Downside Intraday Target | 1709.47 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 1719.10 | 1686.15 | 1734.30 | 1675.00 | 0.308 times |
| 09 Fri Aug 2024 | 1710.05 | 1695.90 | 1845.00 | 1595.05 | 2.209 times |
| 02 Fri Aug 2024 | 1730.55 | 1849.95 | 1849.95 | 1710.95 | 0.009 times |
| 26 Fri Jul 2024 | 1792.35 | 1820.95 | 1933.60 | 1741.00 | 99.911 times |
| 19 Fri Jul 2024 | 1842.80 | 1952.00 | 1975.00 | 1825.00 | 1.634 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 |
| 16 Fri Aug 2024 | 1719.10 | 1782.65 | 1845.00 | 1595.05 | 0.029 times |
| 31 Wed Jul 2024 | 1800.30 | 1957.20 | 2146.90 | 1741.00 | 18.234 times |
| 28 Fri Jun 2024 | 1956.85 | 1940.65 | 2238.00 | 1547.20 | 0.616 times |
| 31 Fri May 2024 | 1902.50 | 1788.15 | 2093.35 | 1624.00 | 1.576 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 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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Sobha stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sobha in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 1720.32 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 negative.
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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Sobha stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sobha in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 1720.32 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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