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(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)

Sobha trades in NSE in Realty sector.

Showing technical analysis as on 2024-03-27 View latest technical analysis

10 day averaged volume of Sobha is 481457

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	1431.00	1436.95	1518.70	1408.95	1.134 times
26 Tue Mar 2024	1431.20	1470.00	1491.15	1418.00	0.841 times
22 Fri Mar 2024	1477.05	1393.00	1515.05	1363.70	1.724 times
21 Thu Mar 2024	1402.05	1265.00	1415.95	1256.60	2.37 times
20 Wed Mar 2024	1251.60	1257.80	1299.95	1241.00	0.611 times
19 Tue Mar 2024	1256.50	1282.00	1284.85	1242.45	0.371 times
18 Mon Mar 2024	1274.60	1239.95	1315.00	1207.05	0.997 times
15 Fri Mar 2024	1243.45	1311.65	1311.65	1230.05	0.885 times
14 Thu Mar 2024	1300.95	1268.00	1323.00	1223.55	0.678 times
13 Wed Mar 2024	1268.00	1429.85	1447.95	1231.15	1.089 times

My analysis of stock is bearish for shortterm, and stock might move down till 1307.6 or till 1150.7. Use a stoploss of 1438.29 and if the stock hits stoploss, then it can shoot up till 1569.02

Share price targets for Sobha (SOBHA)

Target Type	Value
Downside Target	715.00
Downside Target	908.75
Downside Target	987.25
Downside Target	1088.95
Downside Target	1207.05
Downside Target	1258.35
Downside Target	1408.95
Upside Target	1462.35
Upside Target	1515.05
Upside Target	1577.95
Upside Target	1659.00
Upside Target	1675.00

Intraday share price targets for Sobha (SOBHA)

Target Type	Value
Downside Intraday Target	1387.07
Downside Intraday Target	1343.13
Upside Intraday Target	1496.82
Upside Intraday Target	1562.63
Upside Intraday Target	1452.88

Weekly technical analysis of Sobha (SOBHA)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	1431.00	1470.00	1518.70	1408.95	0.325 times
22 Fri Mar 2024	1477.05	1239.95	1515.05	1207.05	1.738 times
15 Fri Mar 2024	1243.45	1517.00	1526.35	1223.55	1.79 times
07 Thu Mar 2024	1516.35	1640.85	1659.00	1462.35	0.353 times
02 Sat Mar 2024	1625.70	1465.05	1675.00	1465.05	1.878 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
27 Wed Mar 2024	1431.00	1565.45	1659.00	1207.05	0.878 times
29 Thu Feb 2024	1565.15	1450.00	1675.00	1258.35	0.215 times
31 Wed Jan 2024	1447.75	989.95	1577.95	987.25	2.54 times
29 Fri Dec 2023	985.70	915.00	1088.95	908.75	0.923 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Sobha 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 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 1360.81 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.