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Technicals for Sobha Limited
By MusingTheNews
2025-08-13 20:57
Overall Technical outlook
Price Summary
Sobha Limited's stock started trading at 1526.4 on 2025-08-12, climbed to 1530.0, fell to 1488.0, and closed -1.19% lower at 1508.2, with 87509 shares traded. For the 52-week period, the stock's highest price is 2044.9, and the lowest price is 1094.6. 16 analysts suggest that SOBHA's future price will lie between 1200.0 and 2459.0, with an average expected price of roughly 1814.5625.
Technicals
Support and Resistance: At 1508.2, the price is supported by 1488.7 and resisted by 1562.7. This indicates that the price for Sobha Limited might fluctuate between these levels, with 1488.7 acting as a support and 1562.7 limiting further upward movement. Support/Resistance for SOBHA
Aroon: The continuation of Aroon's bearish trend, with Aroon Down still at the 100 level, indicates strong bearish pressure. However, further analysis with additional indicators is essential to better understand the trend's potential impact on the market. Aroon chart for Sobha Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Sobha Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for Sobha Limited
Stochastic: As the Stochastic K-line falls below the D-line and stays under 20, the market shows signs of a mildly bearish trend. This configuration hints at potential weakness, but the bearish sentiment is relatively weak. Traders should stay alert for any further signs of a downturn. Stochastic chart for Sobha Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. 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.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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