Overall Technical outlook

Price Summary

On 2025-06-13, Sobha Limited's stock opened at 1544.9, reached a high of 1577.4, dropped to a low of 1532.1, and closed up 1.15% at 1562.7, with a trading volume of 170863 shares.
The stock reached its highest price of 2122.99 and its lowest price of 1094.6 during the 52-week period.
The price projection is between 1150.0 and 2459.0, with an average expected price around 1575.6471, according to 17 analysts.

Technicals

Support and Resistance: The current price of 1562.7 is supported at 1390.4, with resistance at 1582.1. This suggests that the price for SOBHA might remain between these levels, where 1390.4 acts as a floor and 1582.1 as a ceiling in the market.
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Support/Resistance for SOBHA


Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
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Aroon chart for Sobha Limited


Bol. Bands: The BOLL BANDS is currently in a neutral position for Sobha Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
SOBHA bbands d27c06
Bolinger Bands chart for Sobha Limited


Parabolic SAR: The PSAR has just shifted from bullish to bearish, hinting at a potential market decline. If this reversal is supported by other trends, it could be a very bearish signal for SOBHA. Investors should be vigilant and seek further confirmation before taking action.
SOBHA psar d27c06
Parabolic Stop and Reverse chart for Sobha Limited


Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
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Stochastic chart for Sobha Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend shows signs of weakening for SOBHA.
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Tripple SMA chart for Sobha Limited


Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.