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(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 2024-03-22 View latest technical analysis

10 day averaged volume of Bombay Metrics is 10600

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	83.00	89.80	89.80	81.00	2.264 times
21 Thu Mar 2024	88.00	86.10	88.00	85.55	0.566 times
20 Wed Mar 2024	86.00	87.30	88.00	85.55	0.868 times
19 Tue Mar 2024	87.25	90.60	90.60	87.25	0.377 times
18 Mon Mar 2024	90.25	90.00	91.60	89.10	0.377 times
15 Fri Mar 2024	89.20	89.00	89.90	85.55	0.755 times
14 Thu Mar 2024	87.45	85.55	89.75	85.55	0.604 times
13 Wed Mar 2024	86.20	91.00	91.25	85.55	1.321 times
12 Tue Mar 2024	91.45	96.00	101.00	91.00	1.547 times
11 Mon Mar 2024	99.00	95.05	101.70	91.00	1.962 times

Stock of Bombay Metrics (BMETRICS_SM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 87.8, but if it comes above 87.8, then a intra day buy could be more profitable.
If you take a sell trade below 87.8, then use 87.8 as stoploss and 79.5 as target. However if you take a buy trade in stock , then use 87.8 as stoploss and 94.82 as target.

Share price targets for Bombay Metrics (BMETRICS_SM)

Target Type	Value
Downside Target	81.00
Upside 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	78.8
Downside Intraday Target	74.6
Upside Intraday Target	89.4
Upside Intraday Target	95.8
Upside Intraday Target	85.2

Weekly technical analysis of Bombay Metrics (BMETRICS_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	83.00	90.00	91.60	81.00	0.72 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
22 Fri Mar 2024	83.00	102.70	103.75	81.00	0.937 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 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 gaining momentum.

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

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 coming down

CCI has generated a SELL signal for Bombay Metrics in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 89.19 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.