(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 2024-09-24 View latest technical analysis
10 day averaged volume of Sobha is 19959
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Sep 2024 | 1993.15 | 2043.40 | 2043.40 | 1982.20 | 0.396 times |
| 23 Mon Sep 2024 | 2043.40 | 1994.00 | 2066.20 | 1994.00 | 2.016 times |
| 20 Fri Sep 2024 | 1993.20 | 1882.00 | 2026.50 | 1854.50 | 0.863 times |
| 19 Thu Sep 2024 | 1866.25 | 1870.30 | 1895.00 | 1810.85 | 0.641 times |
| 18 Wed Sep 2024 | 1866.40 | 1863.05 | 1894.70 | 1821.75 | 1.907 times |
| 17 Tue Sep 2024 | 1851.25 | 1807.35 | 1868.80 | 1744.25 | 0.627 times |
| 16 Mon Sep 2024 | 1775.05 | 1760.05 | 1814.00 | 1760.05 | 0.731 times |
| 13 Fri Sep 2024 | 1776.80 | 1740.00 | 1830.00 | 1740.00 | 1.547 times |
| 12 Thu Sep 2024 | 1743.05 | 1771.95 | 1773.90 | 1735.00 | 0.145 times |
| 11 Wed Sep 2024 | 1771.75 | 1739.05 | 1780.00 | 1700.00 | 1.169 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2025.6, for a target of 1898.4 or 1792.41
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 1547.20 |
| Downside Target | 1595.05 |
| Downside Target | 1741.00 |
| Downside Target | 1788.70 |
| Downside Target | 1830.00 |
| Downside Target | 1982.20 |
| Upside Target | 2026.50 |
| Upside Target | 2066.20 |
| 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 | 1961.5 |
| Downside Intraday Target | 1929.85 |
| Upside Intraday Target | 2045.5 |
| Upside Intraday Target | 2097.85 |
| Upside Intraday Target | 2013.85 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Sep 2024 | 1993.15 | 1994.00 | 2066.20 | 1982.20 | 0.506 times |
| 20 Fri Sep 2024 | 1993.20 | 1760.05 | 2026.50 | 1744.25 | 1.203 times |
| 13 Fri Sep 2024 | 1776.80 | 1690.00 | 1830.00 | 1652.70 | 2.452 times |
| 06 Fri Sep 2024 | 1710.40 | 1720.00 | 1788.70 | 1682.00 | 0.626 times |
| 30 Fri Aug 2024 | 1688.70 | 1700.00 | 1748.50 | 1681.45 | 1.954 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 Tue Sep 2024 | 1993.15 | 1720.00 | 2066.20 | 1652.70 | 1.078 times |
| 30 Fri Aug 2024 | 1688.70 | 1782.65 | 1845.00 | 1595.05 | 0.043 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 |
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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sobha stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sobha in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sobha Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
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 1883.61 and Sobha (Sobha) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sobha stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sobha in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sobha Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
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 1883.61 and Sobha (Sobha) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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