Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(BMETRICS_SM) Bombay Metrics complete technical analysis [charts+indicators] | Buy/Sell Bombay Metrics | (BMETRICS_SM) share price targets

Complete technical analysis of Bombay Metrics (BMETRICS_SM) by charts plus indicators, forecast predictions and share price targets for Bombay Metrics (BMETRICS_SM)

Showing technical analysis as on 2024-03-21 View latest technical analysis

10 day averaged volume of Bombay Metrics is 10560

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	88.00	86.10	88.00	85.55	0.568 times
20 Wed Mar 2024	86.00	87.30	88.00	85.55	0.871 times
19 Tue Mar 2024	87.25	90.60	90.60	87.25	0.379 times
18 Mon Mar 2024	90.25	90.00	91.60	89.10	0.379 times
15 Fri Mar 2024	89.20	89.00	89.90	85.55	0.758 times
14 Thu Mar 2024	87.45	85.55	89.75	85.55	0.606 times
13 Wed Mar 2024	86.20	91.00	91.25	85.55	1.326 times
12 Tue Mar 2024	91.45	96.00	101.00	91.00	1.553 times
11 Mon Mar 2024	99.00	95.05	101.70	91.00	1.97 times
07 Thu Mar 2024	95.20	98.10	98.10	91.00	1.629 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 89.1, but if it comes above 89.1, then a intra day buy could be more profitable.
If you take a sell trade below 89.1, then use 89.1 as stoploss and 80.8 as target. However if you take a buy trade in stock , then use 89.1 as stoploss and 96.02 as target.

Share price targets for Bombay Metrics (BMETRICS_SM)

Target Type	Value
Downside Target	85.55
Upside Target	91.00
Upside Target	98.10
Upside Target	101.70
Upside Target	108.95
Upside Target	111.00
Upside Target	115.00
Upside Target	120.90
Upside Target	125.90
Upside Target	128.50
Upside Target	134.00

Intraday share price targets for Bombay Metrics (BMETRICS_SM)

Target Type	Value
Downside Intraday Target	85.17
Downside Intraday Target	82.33
Upside Intraday Target	91.22
Upside Intraday Target	94.43
Upside Intraday Target	88.38

Weekly technical analysis of Bombay Metrics (BMETRICS_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	88.00	90.00	91.60	85.55	0.354 times
15 Fri Mar 2024	89.20	95.05	101.70	85.55	0.953 times
07 Thu Mar 2024	95.20	102.00	103.00	91.00	1.433 times
02 Sat Mar 2024	102.00	108.90	108.95	98.90	1.333 times
23 Fri Feb 2024	107.00	109.00	110.75	102.10	0.638 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bombay Metrics (BMETRICS_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	88.00	102.70	103.75	85.55	0.818 times
29 Thu Feb 2024	102.75	116.50	125.90	98.10	1.018 times
31 Wed Jan 2024	114.95	115.55	128.50	111.00	1.355 times
29 Fri Dec 2023	114.90	117.05	120.90	111.00	0.728 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bombay Metrics (BMETRICS_SM)

Price action analysis of Bombay Metrics ( (BMETRICS_SM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bombay Metrics ( (BMETRICS_SM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bombay Metrics ( (BMETRICS_SM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bombay Metrics ( (BMETRICS_SM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bombay Metrics stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Bombay Metrics in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bombay Metrics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bombay Metrics in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bombay Metrics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 91.56 and Bombay Metrics (BMETRICS_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bombay Metrics (BMETRICS_SM) stock. Volume based technical analysis of Bombay Metrics (BMETRICS_SM) stock is negative.

Bombay Metrics Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.