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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 2024-11-21 View latest technical analysis

10 day averaged volume of Bombay Metrics is 17840

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	59.55	62.60	62.60	58.25	0.807 times
19 Tue Nov 2024	61.50	61.30	63.50	60.30	1.3 times
18 Mon Nov 2024	62.60	62.40	62.60	57.15	2.332 times
14 Thu Nov 2024	56.95	60.95	60.95	54.85	2.646 times
13 Wed Nov 2024	60.95	62.65	62.65	60.95	0.269 times
12 Tue Nov 2024	64.35	66.30	66.30	63.05	0.179 times
11 Mon Nov 2024	66.30	68.95	68.95	66.05	0.493 times
08 Fri Nov 2024	65.45	63.40	67.65	61.25	1.256 times
07 Thu Nov 2024	61.55	62.40	62.40	60.65	0.224 times
06 Wed Nov 2024	60.80	61.10	63.60	60.50	0.987 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.6, but if it comes above 59.6, then a intra day buy could be more profitable.
If you take a sell trade below 59.6, then use 59.6 as stoploss and 57 as target. However if you take a buy trade in stock , then use 59.6 as stoploss and 61.76 as target.

Share price targets for Bombay Metrics (BMETRICS_SM)

Target Type	Value
Downside Target	54.85
Downside Target	57.15
Downside Target	58.50
Upside Target	63.50
Upside Target	64.85
Upside Target	67.65
Upside Target	109.10
Upside Target	122.00
Upside Target	130.30
Upside Target	133.55
Upside Target	139.50
Upside Target	157.05
Upside Target	186.85

Intraday share price targets for Bombay Metrics (BMETRICS_SM)

Target Type	Value
Downside Intraday Target	56.63
Downside Intraday Target	53.72
Upside Intraday Target	62.98
Upside Intraday Target	66.42
Upside Intraday Target	60.07

Weekly technical analysis of Bombay Metrics (BMETRICS_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	59.55	62.40	63.50	57.15	1.238 times
14 Thu Nov 2024	56.95	68.95	68.95	54.85	1.096 times
08 Fri Nov 2024	65.45	62.20	67.65	59.25	1.259 times
01 Fri Nov 2024	62.20	61.00	64.85	58.50	0.892 times
25 Fri Oct 2024	62.60	64.20	68.35	60.05	0.73 times

Price has moved up 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 Nov 2024	59.55	60.30	68.95	54.85	0.714 times
31 Thu Oct 2024	62.85	134.00	139.50	58.50	0.989 times
30 Mon Sep 2024	131.85	145.80	157.05	130.30	0.746 times
30 Fri Aug 2024	147.65	123.90	186.85	109.10	2.165 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY signal for Bombay Metrics in short term but the buy signal is initial and weak.

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

Bombay Metrics Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 but selling is losing 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 61.12 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.