(Sobha) Sobha ForceIndex charts technical analysis
(Sobha) Sobha ForceIndex charts technical analysis ForceIndex analysis of Sobha | Buy/Sell Sobha
10 day averaged volume of Sobha is 19351
| Date | Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 1709.05 | 1653.05 | 1747.45 | 1632.10 | 0.013 Mn |
| 13 Mon May 2024 | 1640.40 | 1701.75 | 1710.00 | 1624.00 | 0.016 Mn |
| 10 Fri May 2024 | 1698.85 | 1769.75 | 1814.00 | 1677.30 | 0.01 Mn |
| 09 Thu May 2024 | 1751.20 | 1825.00 | 1835.20 | 1722.45 | 0.007 Mn |
| 08 Wed May 2024 | 1818.35 | 1826.50 | 1872.70 | 1803.00 | 0.014 Mn |
| 07 Tue May 2024 | 1824.05 | 1929.90 | 1962.85 | 1786.25 | 0.03 Mn |
| 06 Mon May 2024 | 1942.50 | 1872.95 | 1954.00 | 1819.95 | 0.044 Mn |
| 03 Fri May 2024 | 1856.40 | 1868.40 | 1968.85 | 1841.40 | 0.042 Mn |
| 02 Thu May 2024 | 1843.45 | 1788.15 | 1856.00 | 1758.00 | 0.018 Mn |
| 30 Tue Apr 2024 | 1776.65 | 1725.05 | 1780.80 | 1725.05 | 0.007 Mn |
Indicators analysis of Sobha (Sobha)
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
ForceIndex charts
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 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 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 mid to longer 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.
ADX buy sell signal for Sobha stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sobha in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Sobha in short term but BUY 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 1825.16 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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