Overall Technical outlook

Price Summary

Sobha Limited's stock began trading at 1432.6 on 2025-12-10, soared to 1467.9, dipped to 1432.6, and finished the day 1.04% higher at 1447.5, with 122500 shares exchanged.
The stock's highest price over the 52-week span is 1701.2, while the lowest price is 1094.6.
The price outlook for SOBHA is between 1475.0 and 2459.0, with an average expectation of 1841.625, as estimated by 16 analysts.

Technicals

Support and Resistance: The price of 1447.5 is supported at 1407.6 and faces resistance at 1488.7. This range suggests key levels for SOBHA where the price may stabilize, with 1407.6 acting as a support and 1488.7 as a cap on gains.
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Support/Resistance for SOBHA


Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Aroon chart for Sobha Limited


Bol. Bands: The price has consistently stayed below the lower Bollinger Band for Sobha Limited since the previous move, signaling a strong bearish trend. This position suggests that the market may be oversold, with significant downward pressure at play. The prolonged stay in this zone indicates that the bearish momentum might continue, potentially leading to further declines unless a reversal occurs. Traders should pay attention to this development.
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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.
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Parabolic Stop and Reverse chart for Sobha Limited


Stochastic: The Stochastic K-line, now below the D-line and under 20, signals a mildly bearish market outlook. This configuration suggests possible weakness for Sobha Limited, though the bearish sentiment is not overly pronounced. Investors should take note of this and monitor the trend closely.
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Stochastic chart for Sobha Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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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.