(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 2024-08-29 View latest technical analysis
10 day averaged volume of Sobha is 7576
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 1704.15 | 1734.75 | 1734.75 | 1692.00 | 0.984 times |
| 28 Wed Aug 2024 | 1722.25 | 1724.40 | 1727.75 | 1689.20 | 0.328 times |
| 27 Tue Aug 2024 | 1712.45 | 1715.05 | 1748.40 | 1700.20 | 1.126 times |
| 26 Mon Aug 2024 | 1715.05 | 1700.00 | 1748.50 | 1681.80 | 3.292 times |
| 23 Fri Aug 2024 | 1688.20 | 1724.00 | 1724.00 | 1679.55 | 0.301 times |
| 22 Thu Aug 2024 | 1693.25 | 1680.00 | 1706.70 | 1677.35 | 0.228 times |
| 21 Wed Aug 2024 | 1689.35 | 1724.50 | 1724.50 | 1680.50 | 0.607 times |
| 20 Tue Aug 2024 | 1699.60 | 1702.05 | 1729.00 | 1695.00 | 1.242 times |
| 19 Mon Aug 2024 | 1716.20 | 1744.10 | 1744.10 | 1697.00 | 1.108 times |
| 16 Fri Aug 2024 | 1719.10 | 1708.00 | 1726.00 | 1696.65 | 1.007 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1691 or till 1662.9. Use a stoploss of 1714.38 and if the stock hits stoploss, then it can shoot up till 1737.77
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 |
| Upside Target | 1748.50 |
| Upside Target | 1798.00 |
| Upside Target | 1845.00 |
| Upside Target | 1849.95 |
| 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 | 1674.47 |
| Downside Intraday Target | 1644.78 |
| Upside Intraday Target | 1741.17 |
| Upside Intraday Target | 1778.18 |
| Upside Intraday Target | 1711.48 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 1704.15 | 1700.00 | 1748.50 | 1681.80 | 1.644 times |
| 23 Fri Aug 2024 | 1688.20 | 1744.10 | 1744.10 | 1677.35 | 0.803 times |
| 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sobha (Sobha)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 1704.15 | 1782.65 | 1845.00 | 1595.05 | 0.041 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 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Sobha in short term but the buy signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sobha in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 1709.79 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 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 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Sobha in short term but the buy signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sobha in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 1709.79 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 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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