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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 2024-09-11 View latest technical analysis

10 day averaged volume of Sobha is 159166

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	1772.90	1723.00	1780.00	1699.20	3.012 times
10 Tue Sep 2024	1734.70	1680.20	1744.95	1672.95	0.858 times
09 Mon Sep 2024	1663.55	1690.50	1723.95	1653.00	0.703 times
06 Fri Sep 2024	1710.15	1699.00	1723.85	1681.25	0.946 times
05 Thu Sep 2024	1721.55	1762.00	1762.00	1712.00	0.484 times
04 Wed Sep 2024	1751.15	1730.05	1759.95	1717.00	0.449 times
03 Tue Sep 2024	1734.95	1736.00	1786.90	1723.15	1.154 times
02 Mon Sep 2024	1737.60	1690.00	1744.85	1685.55	1.958 times
30 Fri Aug 2024	1689.75	1705.00	1720.90	1678.00	1.858 times
29 Thu Aug 2024	1705.75	1725.05	1729.90	1691.00	1.119 times

Stock of Sobha (SOBHA) has showed a significant upmove. This could be a good time to enter in this stock!

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 1767.2, for a target of 1738 or 1713.61

Share price targets for Sobha (SOBHA)

Target Type	Value
Downside Target	1549.60
Downside Target	1597.00
Downside Target	1734.95
Downside Target	1751.30
Upside Target	1780.00
Upside Target	1786.90
Upside Target	1845.00
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	1690.6
Downside Intraday Target	1608.3
Upside Intraday Target	1817.6
Upside Intraday Target	1862.3
Downside Intraday Target	1735.3

Weekly technical analysis of Sobha (SOBHA)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	1772.90	1690.50	1780.00	1653.00	0.916 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
23 Fri Aug 2024	1687.95	1730.00	1738.00	1675.35	0.647 times
16 Fri Aug 2024	1718.50	1708.00	1734.95	1675.00	0.446 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
11 Wed Sep 2024	1772.90	1690.00	1786.90	1653.00	0.339 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sobha ( (SOBHA) ) based on a short to mid 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 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 gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 1729.35 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.