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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 2024-04-01 View latest technical analysis

10 day averaged volume of Sobha is 480037

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	1543.20	1436.60	1550.00	1425.10	1.089 times
28 Thu Mar 2024	1448.75	1450.30	1464.00	1431.00	0.36 times
27 Wed Mar 2024	1431.00	1436.95	1518.70	1408.95	1.137 times
26 Tue Mar 2024	1431.20	1470.00	1491.15	1418.00	0.843 times
22 Fri Mar 2024	1477.05	1393.00	1515.05	1363.70	1.729 times
21 Thu Mar 2024	1402.05	1265.00	1415.95	1256.60	2.377 times
20 Wed Mar 2024	1251.60	1257.80	1299.95	1241.00	0.613 times
19 Tue Mar 2024	1256.50	1282.00	1284.85	1242.45	0.372 times
18 Mon Mar 2024	1274.60	1239.95	1315.00	1207.05	1 times
15 Fri Mar 2024	1243.45	1311.65	1311.65	1230.05	0.888 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 1559 as stoploss in an intra day sell trade for a target of 1431.97. However, stock will show a bullish move above 1559.

Share price targets for Sobha (SOBHA)

Target Type	Value
Downside Target	908.75
Downside Target	987.25
Downside Target	1088.95
Downside Target	1207.05
Downside Target	1258.35
Downside Target	1408.95
Downside Target	1462.35
Downside Target	1515.05
Upside Target	1550.00
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	1462.2
Downside Intraday Target	1381.2
Upside Intraday Target	1587.1
Upside Intraday Target	1631
Downside Intraday Target	1506.1

Weekly technical analysis of Sobha (SOBHA)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	1543.20	1436.60	1550.00	1425.10	0.465 times
28 Thu Mar 2024	1448.75	1470.00	1518.70	1408.95	0.384 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

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
01 Mon Apr 2024	1543.20	1436.60	1550.00	1425.10	0.074 times
28 Thu Mar 2024	1448.75	1565.45	1659.00	1207.05	0.9 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

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 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 Strong and stock is gaining 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 stronger in this stock.

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 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 1396.59 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.