Is Sobha technically bullish or bearish?
As of November 3, 2025, Sobha's technical trend has shifted to bullish, supported by strong indicators like a bullish weekly MACD and moving averages, despite some mild bearish signals on the monthly MACD and KST.
As of 3 November 2025, the technical trend for Sobha has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages also indicate a bullish trend. The Bollinger Bands are bullish on both weekly and monthly time frames. Although the monthly MACD is mildly bearish and KST is mildly bearish on both time frames, the overall momentum is supported by a bullish RSI on the monthly chart. Additionally, Dow Theory shows a mildly bullish stance on both weekly and monthly levels. The stock has outperformed the Sensex significantly over various periods, particularly in the long term.
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