Overall Technical outlook

Price Summary

On 2025-12-10, Sobha Limited's stock began at 1432.6, peaked at 1467.9, declined to 1432.6, and ended the day 1.04% higher at 1447.5, with 122500 shares traded.
In the 52-week period, the stock's peak price is 1701.2, and the lowest price recorded is 1094.6.
16 analysts predict that the future price of SOBHA will be in the range of 1475.0 to 2459.0, with a mean expected price of about 1841.625.

Technicals

Support and Resistance: The current price for SOBHA is 1447.5, supported at 1407.6 with resistance at 1488.7. This indicates a trading range where 1407.6 might prevent further declines, while 1488.7 could hinder additional gains.
SOBHA supportResistance a55e5a
Support/Resistance for SOBHA


Aroon: The AROON is in a neutral stance for SOBHA, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
SOBHA aroon a55e5a
Aroon chart for Sobha Limited


Bol. Bands: The price for SOBHA has moved below the lower Bollinger Band and has continued to stay beneath this level since the last shift. This situation signals potential overselling in the market, indicating strong downward momentum. The prolonged stay below the Bollinger Band suggests that the bearish trend is well-established, and without a reversal, the market might continue to experience pressure. This could be a critical point for traders to monitor.
SOBHA bbands a55e5a
Bolinger Bands chart for Sobha Limited


Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher.
SOBHA psar a55e5a
Parabolic Stop and Reverse chart for Sobha Limited


Stochastic: The Stochastic K-line has fallen below the D-line and remains under the 20 mark, indicating a mildly bearish signal. This suggests that the market may experience some downward pressure, but the overall bearish sentiment is not yet strong. Investors should be cautious, watching for further developments that could confirm this trend.
SOBHA stoch a55e5a
Stochastic chart for Sobha Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for SOBHA, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
SOBHA trippleSMA a55e5a
Tripple SMA chart for Sobha Limited


Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.