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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 2024-07-10 View latest technical analysis

10 day averaged volume of Sobha is 195784

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	2028.55	2008.55	2045.00	1985.30	0.43 times
09 Tue Jul 2024	2008.55	2025.00	2057.00	1992.50	0.281 times
08 Mon Jul 2024	2023.50	2025.00	2074.95	2009.00	0.391 times
05 Fri Jul 2024	2021.20	2050.00	2155.35	2005.00	1.238 times
04 Thu Jul 2024	2038.85	1949.90	2050.00	1949.90	0.979 times
03 Wed Jul 2024	1946.75	2003.00	2003.00	1930.05	0.883 times
02 Tue Jul 2024	1991.50	1908.95	2010.95	1905.55	1.022 times
01 Mon Jul 2024	1908.70	1960.00	1984.80	1896.05	2.03 times
28 Fri Jun 2024	1956.65	2013.55	2053.00	1924.60	2.082 times
27 Thu Jun 2024	2013.55	2047.95	2070.00	1990.00	0.468 times

My analysis of stock is bearish for shortterm, and stock might move down till 1968.7 or till 1888.1. Use a stoploss of 2035.83 and if the stock hits stoploss, then it can shoot up till 2102.98

Share price targets for Sobha (SOBHA)

Target Type	Value
Downside Target	1207.05
Downside Target	1425.10
Downside Target	1549.60
Downside Target	1621.00
Downside Target	1659.00
Downside Target	1798.90
Downside Target	1896.05
Downside Target	1985.30
Upside Target	2093.70
Upside Target	2155.35
Upside Target	2214.00
Upside Target	2220.00

Intraday share price targets for Sobha (SOBHA)

Target Type	Value
Downside Intraday Target	1984.25
Downside Intraday Target	1939.95
Upside Intraday Target	2073.9
Upside Intraday Target	2119.25
Upside Intraday Target	2029.6

Weekly technical analysis of Sobha (SOBHA)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	2028.55	2025.00	2074.95	1985.30	0.179 times
05 Fri Jul 2024	2021.20	1960.00	2155.35	1896.05	1.208 times
28 Fri Jun 2024	1956.65	2063.50	2070.00	1924.60	1.243 times
21 Fri Jun 2024	2058.90	2203.00	2214.00	2001.20	0.59 times
14 Fri Jun 2024	2181.15	2086.00	2220.00	2030.05	0.813 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
10 Wed Jul 2024	2028.55	1960.00	2155.35	1896.05	0.294 times
28 Fri Jun 2024	1956.65	1984.95	2220.00	1549.60	0.749 times
31 Fri May 2024	1899.80	1790.00	2093.70	1621.00	1.074 times
30 Tue Apr 2024	1776.75	1436.60	1798.90	1425.10	0.854 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 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 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 losing momentum.

MACD generated a SELL signal for Sobha in short term but the sell signal is initial and weak.

Sobha Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1975.85 and Sobha (SOBHA) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.