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(IBright) I Bright complete technical analysis [charts+indicators] | Buy/Sell I Bright | (IBright) share price targets

Complete technical analysis of I Bright (IBright) by charts plus indicators, forecast predictions and share price targets for I Bright (IBright)

Showing technical analysis as on 2023-05-29 View latest technical analysis

10 day averaged volume of I Bright is 92

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon May 2023	23.47	23.47	23.47	23.47	1.174 times
26 Fri May 2023	23.47	24.70	24.70	23.47	0.228 times
25 Thu May 2023	24.70	24.70	24.70	24.70	0.109 times
24 Wed May 2023	24.70	24.70	24.70	24.70	0.674 times
23 Tue May 2023	24.70	24.00	24.70	24.00	0.304 times
22 Mon May 2023	24.70	24.70	24.70	24.70	0.217 times
19 Fri May 2023	24.70	24.70	24.70	24.70	0.033 times
18 Thu May 2023	24.72	24.72	24.72	24.72	0.337 times
17 Wed May 2023	24.72	24.72	24.72	24.72	0.022 times
16 Tue May 2023	24.72	24.72	24.72	24.72	4.543 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 23.4, for a target of 23.9 or 24.4

Share price targets for I Bright (IBright)

Target Type	Value
Downside Target	18.00
Downside Target	19.90
Downside Target	22.80
Downside Target	23.47
Upside Target	24.05
Upside Target	24.70
Upside Target	24.77
Upside Target	26.50
Upside Target	27.90
Upside Target	33.89

Intraday share price targets for I Bright (IBright)

Target Type	Value
Downside Intraday Target	23.47
Downside Intraday Target	23.47
Downside Intraday Target	23.47
Downside Intraday Target	23.47
Downside Intraday Target	23.47

Weekly technical analysis of I Bright (IBright)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon May 2023	23.47	23.47	23.47	23.47	0.766 times
26 Fri May 2023	23.47	24.70	24.70	23.47	0.18 times
19 Fri May 2023	24.70	24.05	24.72	24.05	0.916 times
12 Fri May 2023	23.55	24.77	24.77	22.83	16.765 times
05 Fri May 2023	24.77	24.77	24.77	24.77	0.047 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 I Bright (IBright)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon May 2023	23.47	24.77	24.77	22.83	1.073 times
28 Fri Apr 2023	24.77	26.55	27.90	24.77	0.182 times
31 Fri Mar 2023	26.55	27.35	33.89	26.50	1.14 times
28 Tue Feb 2023	27.90	19.95	27.90	19.90	1.492 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 I Bright (IBright)

Price action analysis of I Bright ( (IBright) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of I Bright ( (IBright) ) 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 I Bright ( (IBright) ) 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 I Bright stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for I Bright in short term and the sell signal is strong.

I Bright 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 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 I 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 I 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 24.49 and I Bright (IBright) 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 I Bright (IBright) stock. Volume based technical analysis of I Bright (IBright) stock is negative.

I 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.