Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-12 View latest technical analysis

10 day averaged volume of Sobha is 189084

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	1951.85	2027.00	2027.00	1940.00	0.5 times
11 Thu Jul 2024	2016.70	2049.00	2049.00	1995.05	0.332 times
10 Wed Jul 2024	2028.55	2008.55	2045.00	1985.30	0.445 times
09 Tue Jul 2024	2008.55	2025.00	2057.00	1992.50	0.291 times
08 Mon Jul 2024	2023.50	2025.00	2074.95	2009.00	0.405 times
05 Fri Jul 2024	2021.20	2050.00	2155.35	2005.00	1.282 times
04 Thu Jul 2024	2038.85	1949.90	2050.00	1949.90	1.014 times
03 Wed Jul 2024	1946.75	2003.00	2003.00	1930.05	0.914 times
02 Tue Jul 2024	1991.50	1908.95	2010.95	1905.55	1.059 times
01 Mon Jul 2024	1908.70	1960.00	1984.80	1896.05	2.102 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1960.7, but if it comes above 1960.7, then a intra day buy could be more profitable.
If you take a sell trade below 1960.7, then use 1960.7 as stoploss and 1886 as target. However if you take a buy trade in stock , then use 1960.7 as stoploss and 2023.02 as target.

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
Upside Target	2001.20
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	1902.92
Downside Intraday Target	1853.98
Upside Intraday Target	2037.87
Upside Intraday Target	2123.88
Upside Intraday Target	1988.93

Weekly technical analysis of Sobha (SOBHA)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	1951.85	2025.00	2074.95	1940.00	0.31 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 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
12 Fri Jul 2024	1951.85	1960.00	2155.35	1896.05	0.327 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 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 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 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 to mid 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 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 SELL. 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.

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 getting stronger in this stock.

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

CCI has generated a SELL signal for Sobha in short term and SELL 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

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 1978.81 and Sobha (SOBHA) stock is trading below this level. This means that stock is falling with high volumes. 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 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.