Is Sobha technically bullish or bearish?

Nov 19 2025 08:14 AM IST
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As of November 18, 2025, Sobha's technical trend is mildly bullish, supported by daily moving averages and a bullish weekly MACD, but mixed signals from the monthly MACD and RSI indicate some caution.
As of 18 November 2025, the technical trend for Sobha has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages indicating bullish momentum. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, suggesting mixed signals across different time frames. The RSI on the monthly chart is bullish, but the weekly RSI shows no signal, indicating a lack of strong momentum. The Bollinger Bands are mildly bullish on the weekly and sideways on the monthly, reflecting some consolidation. Dow Theory shows a mildly bullish stance on the monthly, while the KST is mildly bearish on both weekly and monthly charts. Overall, the indicators present a mildly bullish outlook with some caution due to mixed signals in the longer time frames.
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