(BrightBros) Bright Bros complete technical analysis [charts+indicators] | Buy/Sell Bright Bros | (BrightBros) share price targets
Complete technical analysis of Bright Bros (BrightBros) by charts plus indicators, forecast predictions and share price targets for Bright Bros (BrightBros)
10 day averaged volume of Bright Bros is 7317
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 153.50 | 157.70 | 157.85 | 152.75 | 0.047 times |
| 07 Tue May 2024 | 157.95 | 154.70 | 161.00 | 150.00 | 2.562 times |
| 06 Mon May 2024 | 151.00 | 152.50 | 156.85 | 141.05 | 1.696 times |
| 03 Fri May 2024 | 152.60 | 152.55 | 154.70 | 152.50 | 0.077 times |
| 02 Thu May 2024 | 152.60 | 157.75 | 157.75 | 152.00 | 0.273 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 152.9 as stoploss in an intra day buy trade for a target of 155.93. However, stock will show a bearish move below 152.9.
Share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Target | 135.10 |
| Downside Target | 141.05 |
| Downside Target | 147.60 |
| Upside Target | 158.50 |
| Upside Target | 162.00 |
| Upside Target | 164.00 |
| Upside Target | 167.00 |
| Upside Target | 168.00 |
| Upside Target | 173.05 |
| Upside Target | 197.95 |
| Upside Target | 199.80 |
Intraday share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Intraday Target | 142.7 |
| Downside Intraday Target | 131.9 |
| Upside Intraday Target | 162.65 |
| Upside Intraday Target | 171.8 |
| Downside Intraday Target | 151.85 |
Weekly technical analysis of Bright Bros (BrightBros)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 153.50 | 152.50 | 161.00 | 141.05 | 3.21 times |
| 03 Fri May 2024 | 152.60 | 162.00 | 162.00 | 152.00 | 0.197 times |
| 26 Fri Apr 2024 | 155.00 | 157.80 | 167.00 | 151.35 | 2.396 times |
| 19 Fri Apr 2024 | 154.75 | 158.00 | 164.00 | 150.00 | 4.392 times |
| 12 Fri Apr 2024 | 161.15 | 166.45 | 168.00 | 158.50 | 0.385 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Bright Bros (BrightBros)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 153.50 | 157.75 | 161.00 | 141.05 | 0.359 times |
| 30 Tue Apr 2024 | 154.25 | 162.95 | 168.00 | 150.00 | 1.683 times |
| 28 Thu Mar 2024 | 162.95 | 164.95 | 173.05 | 135.10 | 0.402 times |
| 29 Thu Feb 2024 | 159.20 | 191.80 | 199.80 | 152.65 | 0.623 times |
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 Bright Bros (BrightBros)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 18, 19, 3 | Sell |
| MACD | -3, -3 | Buy |
| Stochastics | 50 | None |
| CCI | -12 | Sell |
| RSI | 57 | Buy |
| OBV | 28473 | Sell |
| VWAP | 156 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Bright Bros ( (BrightBros) ) 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 Bright Bros ( (BrightBros) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Bright Bros ( (BrightBros) ) based on a short to mid term time period is
Price action analysis of Bright Bros ( (BrightBros) ) 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 Bright Bros stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Bright Bros in short term but the buy signal is initial and weak.
Bright Bros 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Bright Bros in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Bright Bros is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 155.52 and Bright Bros (BrightBros) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Bright Bros (BrightBros) stock. Volume based technical analysis of Bright Bros (BrightBros) stock is negative.
Bright Bros 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.
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