An in-depth analysis of the current exchange rate dynamics of the Indian...
Technicals for Sobha Limited
By MusingTheNews
2025-09-04 20:41
Overall Technical outlook
Price Summary
Sobha Limited's stock started the year at 1472.9, climbed to a high of 1474.8, fell to 1443.0, and closed -1.55% lower at 1450.0, with 612814 shares traded on 2025-09-04. The peak price for the stock in the past 52 weeks is 2044.9, with the lowest price being 1094.6. The expected price range is between 1200.0 and 2459.0, with a mean anticipated price of 1814.5625, according to 16 analysts.
Technicals
Support and Resistance: At 1450.0, the price is supported at 1349.6 and faces resistance at 1488.7. This range suggests that the price for SOBHA might stay between these levels, with 1349.6 acting as a floor and 1488.7 as a ceiling. Support/Resistance for SOBHA
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Sobha Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Sobha Limited
Parabolic SAR: The PSAR for SOBHA continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Sobha Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Sobha Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. 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.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
The article discusses the implications of the Eurozone CPI at 2.1% regarding...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.