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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 2024-12-06 View latest technical analysis

10 day averaged volume of Sobha is 236322

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	1654.35	1681.40	1681.40	1645.00	0.524 times
05 Thu Dec 2024	1670.60	1695.35	1706.95	1663.00	0.314 times
04 Wed Dec 2024	1695.35	1698.00	1718.85	1673.05	0.623 times
03 Tue Dec 2024	1692.35	1662.00	1699.20	1656.05	0.598 times
02 Mon Dec 2024	1654.15	1661.85	1686.00	1639.70	0.49 times
29 Fri Nov 2024	1669.05	1649.00	1676.75	1636.90	0.366 times
28 Thu Nov 2024	1649.00	1655.00	1675.00	1643.05	0.361 times
27 Wed Nov 2024	1652.90	1634.95	1659.90	1617.00	0.448 times
26 Tue Nov 2024	1621.65	1619.80	1655.95	1606.00	0.796 times
25 Mon Nov 2024	1605.80	1662.60	1668.05	1593.00	1.676 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1671 as stoploss in an intra day sell trade for a target of 1615.01. However, stock will show a bullish move above 1671.

Share price targets for Sobha (SOBHA)

Target Type	Value
Downside Target	1490.00
Downside Target	1593.00
Downside Target	1639.70
Upside Target	1676.75
Upside Target	1695.65
Upside Target	1718.85
Upside Target	1845.00
Upside Target	1941.90
Upside Target	2070.00

Intraday share price targets for Sobha (SOBHA)

Target Type	Value
Downside Intraday Target	1623.08
Downside Intraday Target	1591.82
Upside Intraday Target	1702.23
Upside Intraday Target	1750.12
Upside Intraday Target	1670.97

Weekly technical analysis of Sobha (SOBHA)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	1654.35	1661.85	1718.85	1639.70	0.699 times
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

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
06 Fri Dec 2024	1654.35	1661.85	1718.85	1639.70	0.158 times
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

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 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 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 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 tired and bears are picking up momentum.

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

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 1646.07 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.