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(SobhaghMerc) Sobhagh Merc complete technical analysis [charts+indicators] | Buy/Sell Sobhagh Merc | (SobhaghMerc) share price targets

Complete technical analysis of Sobhagh Merc (SobhaghMerc) by charts plus indicators, forecast predictions and share price targets for Sobhagh Merc (SobhaghMerc)

10 day averaged volume of Sobhagh Merc is 3501

Date Daily Closing Price Open High Low Volume
31 Thu Oct 2024 146.13 146.13 146.13 146.13 1.559 times
30 Wed Oct 2024 143.27 143.27 143.27 143.27 9.997 times
29 Tue Oct 2024 140.47 140.47 140.47 140.47 0 times
28 Mon Oct 2024 137.72 137.72 137.72 137.72 0 times
25 Fri Oct 2024 135.02 135.02 135.02 135.02 0 times
24 Thu Oct 2024 132.38 132.38 132.38 132.38 0 times
23 Wed Oct 2024 129.79 129.79 129.79 129.79 0 times
22 Tue Oct 2024 127.25 127.25 127.25 127.25 0 times
21 Mon Oct 2024 124.76 124.76 124.76 124.76 0 times
18 Fri Oct 2024 122.32 122.32 122.32 122.32 0 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 135.8, but if it comes below 135.8, then a intra day sell could be more profitable.
If you take a sell trade below 135.8, then use 135.8 as stoploss and 121.81 as target. However if you take a buy trade in stock , then use 135.8 as stoploss and 152.7 as target.

Share price targets for Sobhagh Merc (SobhaghMerc)

Target Type Value
Downside Target 22.50
Downside Target 29.00
Downside Target 29.58
Downside Target 43.84
Downside Target 62.50
Downside Target 63.75
Downside Target 94.61
Downside Target 96.50
Downside Target 98.43
Downside Target 102.39
Downside Target 110.81
Downside Target 122.32
Downside Target 135.02
Downside Target 137.72
Downside Target 146.13

Intraday share price targets for Sobhagh Merc (SobhaghMerc)

Target Type Value
Downside Intraday Target 140.52
Downside Intraday Target 134.92
Upside Intraday Target 148.93
Upside Intraday Target 151.74
Downside Intraday Target 143.33

Weekly technical analysis of Sobhagh Merc (SobhaghMerc)

Date Weekly Closing Price Open High Low Volume
31 Thu Oct 2024 146.13 137.72 146.13 137.72 8092.2 times
25 Fri Oct 2024 135.02 124.76 135.02 124.76 1 times
18 Fri Oct 2024 122.32 113.02 122.32 113.02 0.01 times
11 Fri Oct 2024 110.81 102.39 110.81 102.39 171 times
03 Thu Oct 2024 98.43 94.61 98.43 94.61 0 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 Sobhagh Merc (SobhaghMerc)

Date Monthly Closing Price Open High Low Volume
31 Thu Oct 2024 146.13 96.50 146.13 96.50 3.14 times
30 Mon Sep 2024 94.61 63.75 94.61 63.75 450.069 times
30 Fri Aug 2024 62.50 44.71 62.50 44.71 1.381 times
31 Wed Jul 2024 43.84 29.58 43.84 29.58 2.1 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sobhagh Merc (SobhaghMerc)

Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) 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 Sobhagh Merc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sobhagh Merc 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.

Sobhagh Merc 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 moving up

CCI has generated a buy signal for Sobhagh Merc in short term and BUY 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

Stock of Sobhagh Merc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 143.65 and Sobhagh Merc (SobhaghMerc) 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 Sobhagh Merc (SobhaghMerc) stock. Volume based technical analysis of Sobhagh Merc (SobhaghMerc) stock is negative.

Sobhagh Merc 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 Sobhagh Merc ( (SobhaghMerc) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sobhagh Merc ( (SobhaghMerc) ) 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 Sobhagh Merc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sobhagh Merc 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.

Sobhagh Merc 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 moving up

CCI has generated a buy signal for Sobhagh Merc in short term and BUY 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

Stock of Sobhagh Merc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 143.65 and Sobhagh Merc (SobhaghMerc) 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 Sobhagh Merc (SobhaghMerc) stock. Volume based technical analysis of Sobhagh Merc (SobhaghMerc) stock is negative.

Sobhagh Merc 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.

Click here for Sobhagh Merc charts

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Daily charts

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