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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 2024-10-16 View latest technical analysis

10 day averaged volume of Sobha is 221039

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	1819.10	1824.00	1830.65	1785.40	0.848 times
15 Tue Oct 2024	1813.40	1725.00	1822.00	1725.00	1.317 times
14 Mon Oct 2024	1725.25	1701.00	1739.00	1701.00	0.522 times
11 Fri Oct 2024	1709.10	1694.00	1727.05	1690.90	0.452 times
10 Thu Oct 2024	1701.55	1709.95	1747.65	1692.40	0.934 times
09 Wed Oct 2024	1699.90	1768.00	1769.00	1692.15	1.353 times
08 Tue Oct 2024	1750.95	1690.00	1765.60	1675.55	1.752 times
07 Mon Oct 2024	1741.70	1772.00	1778.65	1707.40	1.138 times
04 Fri Oct 2024	1790.85	1800.00	1836.80	1766.30	0.747 times
03 Thu Oct 2024	1822.80	1838.10	1860.00	1760.00	0.961 times

My analysis of stock is bearish for shortterm, and stock might move down till 1743 or till 1607. Use a stoploss of 1856.41 and if the stock hits stoploss, then it can shoot up till 1969.79

Share price targets for Sobha (SOBHA)

Target Type	Value
Downside Target	1549.60
Downside Target	1597.00
Downside Target	1653.00
Downside Target	1745.00
Upside Target	1830.65
Upside Target	1941.90
Upside Target	1942.25
Upside Target	1979.90
Upside Target	2028.50
Upside Target	2070.00
Upside Target	2155.35
Upside Target	2220.00

Intraday share price targets for Sobha (SOBHA)

Target Type	Value
Downside Intraday Target	1736.52
Downside Intraday Target	1653.93
Upside Intraday Target	1866.17
Upside Intraday Target	1913.23
Downside Intraday Target	1783.58

Weekly technical analysis of Sobha (SOBHA)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	1819.10	1701.00	1830.65	1701.00	0.477 times
11 Fri Oct 2024	1709.10	1772.00	1778.65	1675.55	1.753 times
04 Fri Oct 2024	1790.85	1979.90	1979.90	1760.00	0.677 times
27 Fri Sep 2024	1967.55	2000.20	2070.00	1942.25	0.567 times
20 Fri Sep 2024	1987.65	1770.90	2028.50	1745.00	1.494 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
16 Wed Oct 2024	1819.10	1922.05	1941.90	1675.55	0.472 times
30 Mon Sep 2024	1940.40	1690.00	2070.00	1653.00	1.132 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

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Sobha stock for short term is BUY. 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 1759.01 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.