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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 2024-07-25 View latest technical analysis

10 day averaged volume of Sobha is 164468

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	1862.45	1802.25	1867.95	1802.25	0.599 times
24 Wed Jul 2024	1824.45	1774.00	1932.50	1774.00	2.201 times
23 Tue Jul 2024	1774.00	1775.00	1871.00	1751.30	2.101 times
22 Mon Jul 2024	1794.35	1822.00	1844.95	1771.45	0.929 times
19 Fri Jul 2024	1846.90	1934.95	1934.95	1825.80	0.438 times
18 Thu Jul 2024	1931.35	1979.95	1979.95	1892.75	0.977 times
16 Tue Jul 2024	1964.90	1889.90	1979.75	1889.90	1.171 times
15 Mon Jul 2024	1887.05	1951.85	1979.40	1880.00	0.714 times
12 Fri Jul 2024	1951.85	2027.00	2027.00	1940.00	0.575 times
11 Thu Jul 2024	2016.70	2049.00	2049.00	1995.05	0.382 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1858.5 as stoploss in an intra day buy trade for a target of 1939.59. However, stock will show a bearish move below 1858.5.

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	1751.30
Downside Target	1798.90
Upside Target	1896.05
Upside Target	1979.95
Upside Target	2070.00
Upside Target	2074.95
Upside Target	2093.70
Upside Target	2155.35
Upside Target	2220.00

Intraday share price targets for Sobha (SOBHA)

Target Type	Value
Downside Intraday Target	1765
Downside Intraday Target	1667.55
Upside Intraday Target	1946.2
Upside Intraday Target	2029.95
Downside Intraday Target	1848.75

Weekly technical analysis of Sobha (SOBHA)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	1862.45	1822.00	1932.50	1751.30	1.767 times
19 Fri Jul 2024	1846.90	1951.85	1979.95	1825.80	1.454 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sobha (SOBHA)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	1862.45	1960.00	2155.35	1751.30	0.637 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Sobha in short term and the sell signal is strong.

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 in or below 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 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 1860.03 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.