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 2024-12-16 View latest technical analysis

10 day averaged volume of Bombay Metrics is 11680

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	61.05	62.00	62.00	60.75	0.822 times
13 Fri Dec 2024	61.85	62.80	62.80	61.35	0.411 times
12 Thu Dec 2024	61.25	63.15	63.15	61.10	0.274 times
11 Wed Dec 2024	63.15	62.65	64.50	62.65	0.616 times
10 Tue Dec 2024	63.50	64.80	64.90	63.40	0.479 times
09 Mon Dec 2024	63.30	64.05	65.65	63.30	1.233 times
06 Fri Dec 2024	64.05	62.00	64.85	61.40	1.164 times
05 Thu Dec 2024	61.10	63.70	65.95	60.00	2.329 times
04 Wed Dec 2024	64.30	64.30	64.70	63.00	0.959 times
03 Tue Dec 2024	62.70	62.75	62.75	61.70	0.822 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 60.4 as stoploss in an intra day buy trade for a target of 61.9. However, stock will show a bearish move below 60.4.

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	65.95
Upside Target	68.95
Upside Target	109.10
Upside Target	130.30
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	60.53
Downside Intraday Target	60.02
Upside Intraday Target	61.78
Upside Intraday Target	62.52
Upside Intraday Target	61.27

Weekly technical analysis of Bombay Metrics (BMETRICS_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	61.05	62.00	62.00	60.75	0.273 times
13 Fri Dec 2024	61.85	64.05	65.65	61.10	0.431 times
06 Fri Dec 2024	64.05	62.05	65.95	60.00	1.594 times
29 Fri Nov 2024	63.40	60.15	64.85	59.05	0.593 times
22 Fri Nov 2024	60.00	62.40	63.50	57.15	1.35 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
16 Mon Dec 2024	61.05	62.05	65.95	60.00	0.476 times
29 Fri Nov 2024	63.40	60.30	68.95	54.85	0.916 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

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 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 62.55 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.