(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)
10 day averaged volume of Sobha is 20193
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 1787.85 | 1709.10 | 1802.00 | 1709.10 | 0.813 times |
| 14 Tue May 2024 | 1709.05 | 1653.05 | 1747.45 | 1632.10 | 0.656 times |
| 13 Mon May 2024 | 1640.40 | 1701.75 | 1710.00 | 1624.00 | 0.81 times |
| 10 Fri May 2024 | 1698.85 | 1769.75 | 1814.00 | 1677.30 | 0.499 times |
| 09 Thu May 2024 | 1751.20 | 1825.00 | 1835.20 | 1722.45 | 0.335 times |
| 08 Wed May 2024 | 1818.35 | 1826.50 | 1872.70 | 1803.00 | 0.703 times |
| 07 Tue May 2024 | 1824.05 | 1929.90 | 1962.85 | 1786.25 | 1.477 times |
| 06 Mon May 2024 | 1942.50 | 1872.95 | 1954.00 | 1819.95 | 2.185 times |
| 03 Fri May 2024 | 1856.40 | 1868.40 | 1968.85 | 1841.40 | 2.089 times |
| 02 Thu May 2024 | 1843.45 | 1788.15 | 1856.00 | 1758.00 | 0.882 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1830.2 as stoploss in an intra day sell trade for a target of 1738.09. However, stock will show a bullish move above 1830.2.
Share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Target | 989.30 |
| Downside Target | 1207.40 |
| Downside Target | 1258.95 |
| Downside Target | 1426.85 |
| Downside Target | 1501.05 |
| Downside Target | 1577.35 |
| Downside Target | 1624.00 |
| Downside Target | 1725.05 |
| Upside Target | 1798.00 |
| Upside Target | 1802.00 |
| Upside Target | 1962.85 |
| Upside Target | 1968.85 |
Intraday share price targets for Sobha (Sobha)
| Target Type | Value |
| Downside Intraday Target | 1673.9 |
| Downside Intraday Target | 1559.95 |
| Upside Intraday Target | 1851.9 |
| Upside Intraday Target | 1915.95 |
| Downside Intraday Target | 1737.95 |
Weekly technical analysis of Sobha (Sobha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 1787.85 | 1701.75 | 1802.00 | 1624.00 | 0.438 times |
| 10 Fri May 2024 | 1698.85 | 1872.95 | 1962.85 | 1677.30 | 1.455 times |
| 03 Fri May 2024 | 1856.40 | 1745.75 | 1968.85 | 1725.05 | 0.738 times |
| 26 Fri Apr 2024 | 1751.70 | 1589.00 | 1798.00 | 1589.00 | 1.605 times |
| 19 Fri Apr 2024 | 1579.15 | 1501.05 | 1636.00 | 1501.05 | 0.811 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 |
| 15 Wed May 2024 | 1787.85 | 1788.15 | 1968.85 | 1624.00 | 0.675 times |
| 30 Tue Apr 2024 | 1776.65 | 1437.60 | 1798.00 | 1426.85 | 0.821 times |
| 28 Thu Mar 2024 | 1444.25 | 1589.95 | 1655.20 | 1207.40 | 0.941 times |
| 29 Thu Feb 2024 | 1566.10 | 1447.90 | 1677.60 | 1258.95 | 0.247 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 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 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 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 mid to longer 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.
ADX buy sell signal for Sobha stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sobha in short term but the sell 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 Sobha in short term but BUY 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
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 1823.94 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 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 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 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 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 mid to longer 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.
ADX buy sell signal for Sobha stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sobha in short term but the sell 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 Sobha in short term but BUY 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
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 1823.94 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 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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