Stock analysis Sobha Limited SOBHA
More indepth analysis on MunafaSutra.com
Recent prices of SOBHA Sobha Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 28 Tue Jan 2025 | 1280.30 | 1162.95 to 1316.70 | 7.23% | 2.63 times |
| 27 Mon Jan 2025 | 1194.00 | 1108.20 to 1250.95 | 5.06% | 6.65 times |
| 24 Fri Jan 2025 | 1136.50 | 1127.05 to 1251.00 | -7% | 0.8 times |
| 23 Thu Jan 2025 | 1222.00 | 1202.80 to 1243.35 | 0.07% | 0.51 times |
| 22 Wed Jan 2025 | 1221.10 | 1202.00 to 1314.00 | -4.79% | 0.65 times |
| 21 Tue Jan 2025 | 1282.50 | 1277.55 to 1333.60 | -2.94% | 0.2 times |
| 20 Mon Jan 2025 | 1321.40 | 1281.00 to 1324.85 | 1.77% | 0.17 times |
| 17 Fri Jan 2025 | 1298.45 | 1282.00 to 1311.35 | 0.61% | 0.36 times |
| 16 Thu Jan 2025 | 1290.60 | 1285.45 to 1342.00 | -1.3% | 0.2 times |
| 15 Wed Jan 2025 | 1307.65 | 1299.10 to 1339.00 | 0.74% | 0.19 times |
| 14 Tue Jan 2025 | 1298.00 | 1268.45 to 1316.60 | 1.97% | 0.28 times |
| 13 Mon Jan 2025 | 1272.95 | 1265.00 to 1354.00 | 0% | 0.37 times |
Technical analysis forecast for Sobha Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Sobha Limited SOBHA at this time. Stock is falling and might fall more.
It appears as if Sobha Limited SOBHA gave a large move recently.
Stock of Sobha Limited (SOBHA) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Sobha Limited is bearish for shortterm, and stock might move down till 1211.7 or till 1074.8. Use a stoploss of 1325.74 and if the stock hits stoploss, then it can shoot up till 1439.79