(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 5787
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 154.35 | 153.65 | 162.85 | 153.65 | 1.073 times |
| 15 Wed May 2024 | 153.60 | 150.30 | 159.45 | 150.30 | 0.776 times |
| 14 Tue May 2024 | 156.35 | 164.80 | 165.00 | 154.50 | 0.44 times |
| 13 Mon May 2024 | 159.80 | 153.95 | 162.00 | 150.15 | 0.957 times |
| 10 Fri May 2024 | 149.25 | 151.35 | 153.35 | 148.35 | 0.487 times |
My analysis of stock is bearish for shortterm, and stock might move down till 152 or till 149.1. Use a stoploss of 154.37 and if the stock hits stoploss, then it can shoot up till 156.77
Share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Target | 135.10 |
| Downside Target | 141.05 |
| Downside Target | 147.60 |
| Upside Target | 161.00 |
| Upside Target | 164.00 |
| Upside Target | 165.00 |
| 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 | 148 |
| Downside Intraday Target | 141.65 |
| Upside Intraday Target | 162.85 |
| Upside Intraday Target | 171.35 |
| Upside Intraday Target | 156.5 |
Weekly technical analysis of Bright Bros (BrightBros)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 154.35 | 153.95 | 165.00 | 150.15 | 0.488 times |
| 10 Fri May 2024 | 149.25 | 152.50 | 161.00 | 141.05 | 3.925 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 |
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 Bright Bros (BrightBros)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 154.35 | 157.75 | 165.00 | 141.05 | 0.631 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 up 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 | 24, 18, 15 | Buy |
| MACD | -2, -3 | Buy |
| Stochastics | 57 | None |
| CCI | 71 | Buy |
| RSI | 59 | Buy |
| OBV | 32543 | Sell |
| VWAP | 155 | Sell |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Bright Bros ( (BrightBros) ) based on a short 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Bright Bros 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.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bright Bros in short term and BUY 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Bright Bros is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 154.86 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 is giving positive 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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