(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 2024-10-07 View latest technical analysis
10 day averaged volume of Sobha is 15474
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 1739.10 | 1761.05 | 1771.25 | 1706.25 | 1.022 times |
| 03 Thu Oct 2024 | 1822.30 | 1826.90 | 1851.90 | 1758.35 | 0.752 times |
| 01 Tue Oct 2024 | 1864.15 | 1925.00 | 1934.35 | 1852.45 | 1.48 times |
| 30 Mon Sep 2024 | 1941.35 | 1952.05 | 1971.90 | 1917.10 | 0.733 times |
| 27 Fri Sep 2024 | 1969.90 | 1984.95 | 2012.00 | 1951.85 | 0.631 times |
| 26 Thu Sep 2024 | 1993.20 | 2014.85 | 2035.45 | 1978.70 | 0.378 times |
| 25 Wed Sep 2024 | 2013.10 | 2025.00 | 2039.00 | 1942.00 | 0.975 times |
| 24 Tue Sep 2024 | 1993.15 | 2043.40 | 2043.40 | 1982.20 | 0.511 times |
| 23 Mon Sep 2024 | 2043.40 | 1994.00 | 2066.20 | 1994.00 | 2.6 times |
| 20 Fri Sep 2024 | 1993.20 | 1882.00 | 2026.50 | 1854.50 | 1.113 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1743.6, but if it comes above 1743.6, then a intra day buy could be more profitable.
If you take a sell trade below 1743.6, then use 1743.6 as stoploss and 1607.7 as target. However if you take a buy trade in stock , then use 1743.6 as stoploss and 1856.79 as target.
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 1547.20 |
| Downside Target | 1595.05 |
| Downside Target | 1652.70 |
| Downside Target | 1706.25 |
| Upside Target | 1741.00 |
| Upside Target | 1830.00 |
| Upside Target | 1934.35 |
| Upside Target | 1971.90 |
| Upside Target | 2026.50 |
| Upside Target | 2066.20 |
| Upside Target | 2146.90 |
| Upside Target | 2238.00 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1706.48 |
| Downside Intraday Target | 1673.87 |
| Upside Intraday Target | 1771.48 |
| Upside Intraday Target | 1803.87 |
| Downside Intraday Target | 1738.87 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 1739.10 | 1761.05 | 1771.25 | 1706.25 | 0.345 times |
| 03 Thu Oct 2024 | 1822.30 | 1952.05 | 1971.90 | 1758.35 | 0.582 times |
| 27 Fri Sep 2024 | 1969.90 | 1994.00 | 2066.20 | 1942.00 | 0.828 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 |
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 |
| 07 Mon Oct 2024 | 1739.10 | 1925.00 | 1934.35 | 1706.25 | 0.17 times |
| 30 Mon Sep 2024 | 1941.35 | 1720.00 | 2066.20 | 1652.70 | 1.256 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 |
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 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 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 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 SELL. Signal strength is Strong 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 in or below 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 but buying is losing 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 1945.92 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 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 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 SELL. Signal strength is Strong 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 in or below 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 but buying is losing 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 1945.92 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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