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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 2024-12-20 View latest technical analysis

10 day averaged volume of Sobha is 249288

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	1541.55	1614.00	1629.95	1532.00	0.842 times
19 Thu Dec 2024	1610.20	1590.00	1618.00	1577.60	0.458 times
18 Wed Dec 2024	1619.15	1628.85	1648.95	1602.20	0.735 times
17 Tue Dec 2024	1620.20	1600.35	1674.70	1591.05	3.542 times
16 Mon Dec 2024	1590.45	1589.90	1613.50	1585.00	1.062 times
13 Fri Dec 2024	1583.85	1621.95	1627.95	1552.60	0.957 times
12 Thu Dec 2024	1621.70	1630.00	1636.95	1612.80	0.565 times
11 Wed Dec 2024	1624.80	1657.45	1657.45	1611.15	0.561 times
10 Tue Dec 2024	1650.40	1673.00	1673.05	1626.60	1.169 times
09 Mon Dec 2024	1681.15	1656.45	1699.90	1651.65	0.454 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1552.1, for a target of 1597.5 or 1635.43

Share price targets for Sobha (SOBHA)

Target Type	Value
Downside Target	1490.00
Upside Target	1593.00
Upside Target	1639.70
Upside Target	1676.75
Upside Target	1695.65
Upside Target	1699.90
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	1490.8
Downside Intraday Target	1440.05
Upside Intraday Target	1633.5
Upside Intraday Target	1725.45
Upside Intraday Target	1582.75

Weekly technical analysis of Sobha (SOBHA)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	1541.55	1589.90	1674.70	1532.00	1.791 times
13 Fri Dec 2024	1583.85	1656.45	1699.90	1552.60	1.534 times
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

Price has moved down 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
20 Fri Dec 2024	1541.55	1661.85	1718.85	1532.00	0.836 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 SELL. Signal strength is Strong 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 getting stronger in this stock.

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

CCI has generated a SELL signal for Sobha in short term and SELL 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 1613.28 and Sobha (SOBHA) stock is trading below this level. This means that stock is falling with high volumes. 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.