Is Sobha technically bullish or bearish?

Jul 02 2025 08:13 AM IST
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As of July 1, 2025, Sobha's technical trend is neutral with mixed signals, showing bullish momentum on the weekly MACD and RSI but mildly bearish on the monthly indicators, resulting in a sideways outlook overall.
As of 1 July 2025, the technical trend for Sobha has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across various indicators. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating conflicting momentum. The RSI shows no signal on the weekly timeframe but is bullish on the monthly, suggesting potential strength over a longer period. Bollinger Bands are bullish weekly but mildly bearish monthly, further contributing to the mixed outlook. Moving averages indicate a mildly bearish stance on the daily timeframe, which contrasts with the bullish signals from the weekly KST. Dow Theory shows no trend in both weekly and monthly perspectives, and the OBV also indicates no trend. Overall, the technical indicators present a neutral stance with varying strengths across different timeframes.
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