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 2024-09-25 View latest technical analysis

10 day averaged volume of Sobha is 333064

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	2015.40	1985.00	2040.00	1942.25	0.521 times
24 Tue Sep 2024	1995.50	2040.00	2044.00	1982.00	0.415 times
23 Mon Sep 2024	2044.90	2000.20	2070.00	2000.00	1.068 times
20 Fri Sep 2024	1987.65	1886.95	2028.50	1855.00	2.03 times
19 Thu Sep 2024	1871.10	1880.00	1894.90	1810.00	0.766 times
18 Wed Sep 2024	1870.20	1870.00	1895.00	1822.05	1.451 times
17 Tue Sep 2024	1848.20	1775.30	1869.70	1745.00	0.845 times
16 Mon Sep 2024	1776.55	1770.90	1815.00	1760.00	0.457 times
13 Fri Sep 2024	1773.90	1743.00	1832.85	1742.95	1.265 times
12 Thu Sep 2024	1742.45	1760.50	1772.00	1732.20	0.264 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2060.6, for a target of 1922.5 or 1807.4

Share price targets for Sobha (SOBHA)

Target Type	Value
Downside Target	1549.60
Downside Target	1597.00
Downside Target	1745.00
Downside Target	1786.90
Downside Target	1832.85
Downside Target	1942.25
Upside Target	2028.50
Upside Target	2070.00
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	1948.43
Downside Intraday Target	1881.47
Upside Intraday Target	2076.18
Upside Intraday Target	2136.97
Downside Intraday Target	2009.22

Weekly technical analysis of Sobha (SOBHA)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	2015.40	2000.20	2070.00	1942.25	0.361 times
20 Fri Sep 2024	1987.65	1770.90	2028.50	1745.00	1.494 times
13 Fri Sep 2024	1773.90	1690.50	1832.85	1653.00	1.557 times
06 Fri Sep 2024	1710.15	1690.00	1786.90	1681.25	0.843 times
30 Fri Aug 2024	1689.75	1700.00	1749.95	1678.00	1.903 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
25 Wed Sep 2024	2015.40	1690.00	2070.00	1653.00	1.013 times
30 Fri Aug 2024	1689.75	1786.00	1845.00	1597.00	0.857 times
31 Wed Jul 2024	1800.20	1960.00	2155.35	1751.30	1.084 times
28 Fri Jun 2024	1956.65	1984.95	2220.00	1549.60	0.749 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Sobha stock for short term is BUY. Signal strength is Strong and stock is losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Sobha in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1907.23 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.