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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 2024-09-13 View latest technical analysis

10 day averaged volume of Sobha is 190591

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	1773.90	1743.00	1832.85	1742.95	2.21 times
12 Thu Sep 2024	1742.45	1760.50	1772.00	1732.20	0.462 times
11 Wed Sep 2024	1772.90	1723.00	1780.00	1699.20	2.515 times
10 Tue Sep 2024	1734.70	1680.20	1744.95	1672.95	0.717 times
09 Mon Sep 2024	1663.55	1690.50	1723.95	1653.00	0.587 times
06 Fri Sep 2024	1710.15	1699.00	1723.85	1681.25	0.79 times
05 Thu Sep 2024	1721.55	1762.00	1762.00	1712.00	0.404 times
04 Wed Sep 2024	1751.15	1730.05	1759.95	1717.00	0.375 times
03 Tue Sep 2024	1734.95	1736.00	1786.90	1723.15	0.963 times
02 Mon Sep 2024	1737.60	1690.00	1744.85	1685.55	1.635 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 1779.9, for a target of 1746.6 or 1718.77

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	1786.90
Upside Target	1832.85
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	1673.65
Downside Intraday Target	1573.4
Upside Intraday Target	1853.5
Upside Intraday Target	1933.1
Downside Intraday Target	1753.25

Weekly technical analysis of Sobha (SOBHA)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	1773.90	1690.50	1832.85	1653.00	1.557 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, 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
13 Fri Sep 2024	1773.90	1690.00	1832.85	1653.00	0.453 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 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 Strong 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 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 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 1746.99 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.