Overall Technical outlook

Price Summary

The stock of Sobha Limited experienced a -2.54% tumble, showcasing a unimpressive market performance.
On 2025-04-25, Sobha Limited's stock began at 1287.4, peaked at 1296.9, declined to 1232.7, and ended the day -2.54% down at 1254.7, with 182017 shares traded.
In the past year, the highest stock price was 2122.99, and the lowest was 1094.6.
As per recommendations from 17 analysts, SOBHA's future price is expected to span between 1150.0 and 2459.0, with a mean price around 1575.6471.

Technicals

Support and Resistance: The price of 1254.7 is supported at 1194.0 and faces resistance at 1272.95. This range suggests key levels for SOBHA where the price may stabilize, with 1194.0 acting as a support and 1272.95 as a cap on gains.
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Support/Resistance for SOBHA


Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Aroon chart for Sobha Limited


Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Bolinger Bands chart for Sobha Limited


Parabolic SAR: The PSAR continues to be bullish for SOBHA, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement.
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Parabolic Stop and Reverse chart for Sobha Limited


Stochastic: The stochastic indicator for SOBHA reflects the K-line moving below the D-line, though it stays above 80, hinting at the potential beginning of a bearish price move. This setup suggests that the market's strength may be diminishing, with a possible downturn ahead. Traders should be on alert for further bearish confirmation.
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Stochastic chart for Sobha Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
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Tripple SMA chart for Sobha Limited


Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.