(Bright) Bright complete technical analysis [charts+indicators] | Buy/Sell Bright | (Bright) share price targets
Complete technical analysis of Bright (Bright) by charts plus indicators, forecast predictions and share price targets for Bright (Bright)
10 day averaged volume of Bright is 2725
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 465.00 | 465.00 | 465.00 | 465.00 | 0.092 times |
| 07 Tue May 2024 | 465.00 | 460.00 | 472.00 | 460.00 | 1.009 times |
| 06 Mon May 2024 | 460.00 | 461.00 | 461.00 | 450.05 | 1.193 times |
| 03 Fri May 2024 | 462.00 | 470.00 | 470.00 | 462.00 | 1.009 times |
| 02 Thu May 2024 | 465.00 | 451.50 | 465.50 | 451.50 | 0.917 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 465.6, but if it comes above 465.6, then a intra day buy could be more profitable.
If you take a sell trade below 465.6, then use 465.6 as stoploss and 452.8 as target. However if you take a buy trade in stock , then use 465.6 as stoploss and 476.23 as target.
Share price targets for Bright (Bright)
| Target Type | Value |
| Downside Target | 417.50 |
| Downside Target | 449.00 |
| Upside Target | 472.00 |
| Upside Target | 481.00 |
| Upside Target | 495.50 |
| Upside Target | 500.00 |
| Upside Target | 502.00 |
| Upside Target | 515.00 |
| Upside Target | 530.00 |
| Upside Target | 572.00 |
Intraday share price targets for Bright (Bright)
| Target Type | Value |
| Downside Intraday Target | 452.7 |
| Downside Intraday Target | 440.4 |
| Upside Intraday Target | 474.65 |
| Upside Intraday Target | 484.3 |
| Downside Intraday Target | 462.35 |
Weekly technical analysis of Bright (Bright)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 465.00 | 461.00 | 472.00 | 450.05 | 0.61 times |
| 03 Fri May 2024 | 462.00 | 477.00 | 481.00 | 451.50 | 0.488 times |
| 26 Fri Apr 2024 | 482.00 | 480.00 | 502.00 | 460.00 | 0.667 times |
| 19 Fri Apr 2024 | 481.00 | 460.00 | 500.00 | 455.00 | 3.5 times |
| 12 Fri Apr 2024 | 469.50 | 491.00 | 495.50 | 462.00 | 0.084 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 (Bright)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 465.00 | 451.50 | 472.00 | 450.05 | 0.066 times |
| 30 Tue Apr 2024 | 469.90 | 479.00 | 502.00 | 455.00 | 0.725 times |
| 28 Thu Mar 2024 | 465.00 | 490.00 | 515.00 | 417.50 | 0.412 times |
| 29 Thu Feb 2024 | 490.55 | 486.10 | 572.00 | 449.00 | 1.098 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 (Bright)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 29, 33, 5 | Sell |
| MACD | -7, -5 | Sell |
| Stochastics | 27 | Sell |
| CCI | -44 | Sell |
| RSI | 57 | Buy |
| OBV | 9500 | Sell |
| VWAP | 472 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Bright ( (Bright) ) based on a short term time period is
Price action analysis of Bright ( (Bright) ) 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 Bright ( (Bright) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Bright ( (Bright) ) 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 stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bright in short term and the sell signal is strong.
Bright Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Bright is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 471.61 and Bright (Bright) 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 Bright (Bright) stock. Volume based technical analysis of Bright (Bright) stock is negative.
Bright 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.
Click here for further forecast and predictions for tomorrow
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