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 2024-11-29 View latest technical analysis

10 day averaged volume of Sobha is 266256

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	1669.05	1649.00	1676.75	1636.90	0.325 times
28 Thu Nov 2024	1649.00	1655.00	1675.00	1643.05	0.32 times
27 Wed Nov 2024	1652.90	1634.95	1659.90	1617.00	0.397 times
26 Tue Nov 2024	1621.65	1619.80	1655.95	1606.00	0.706 times
25 Mon Nov 2024	1605.80	1662.60	1668.05	1593.00	1.487 times
22 Fri Nov 2024	1629.30	1559.05	1644.90	1526.60	3.843 times
21 Thu Nov 2024	1516.95	1536.85	1549.10	1503.10	0.505 times
19 Tue Nov 2024	1532.95	1530.05	1606.00	1525.00	0.831 times
18 Mon Nov 2024	1522.05	1575.95	1633.90	1504.70	0.824 times
14 Thu Nov 2024	1534.05	1565.45	1573.45	1490.00	0.403 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1644.4, but if it comes below 1644.4, then a intra day sell could be more profitable.
If you take a sell trade below 1644.4, then use 1644.4 as stoploss and 1597.29 as target. However if you take a buy trade in stock , then use 1644.4 as stoploss and 1700.8 as target.

Share price targets for Sobha (SOBHA)

Target Type	Value
Downside Target	1490.00
Downside Target	1593.00
Downside Target	1655.55
Upside Target	1676.75
Upside Target	1695.65
Upside Target	1751.30
Upside Target	1845.00
Upside Target	1941.90
Upside Target	2070.00
Upside Target	2155.35

Intraday share price targets for Sobha (SOBHA)

Target Type	Value
Downside Intraday Target	1615.78
Downside Intraday Target	1562.52
Upside Intraday Target	1699.53
Upside Intraday Target	1730.02
Downside Intraday Target	1646.27

Weekly technical analysis of Sobha (SOBHA)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	1669.05	1662.60	1676.75	1593.00	0.539 times
22 Fri Nov 2024	1629.30	1575.95	1644.90	1503.10	3.367 times
14 Thu Nov 2024	1534.05	1590.45	1655.55	1490.00	0.55 times
08 Fri Nov 2024	1591.65	1575.00	1695.65	1543.05	0.691 times
01 Fri Nov 2024	1600.45	1532.05	1617.50	1515.00	1.635 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
29 Fri Nov 2024	1669.05	1610.00	1695.65	1490.00	0.831 times
31 Thu Oct 2024	1588.40	1922.05	1941.90	1515.00	0.903 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

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Sobha ( (SOBHA) ) based on a mid to longer 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.

ADX buy sell signal for Sobha stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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 stronger in this stock.

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 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 1600.75 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 negative.

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