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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 2023-09-27 View latest technical analysis

10 day averaged volume of I Bright is 609

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Sep 2023	23.75	26.25	26.25	23.75	5.844 times
26 Tue Sep 2023	25.00	25.13	25.13	25.00	1.772 times
25 Mon Sep 2023	24.64	24.74	24.74	23.05	5.89 times
22 Fri Sep 2023	24.25	24.00	24.25	24.00	0.261 times
21 Thu Sep 2023	23.10	23.10	23.10	23.10	0.074 times
20 Wed Sep 2023	22.00	22.44	22.44	22.00	0.01 times
18 Mon Sep 2023	22.00	22.30	22.30	21.24	1.724 times
15 Fri Sep 2023	21.24	21.66	21.66	21.24	0.053 times
14 Thu Sep 2023	21.24	21.24	21.24	21.24	0.025 times
13 Wed Sep 2023	21.24	21.24	21.24	21.24	0.003 times

Stock of I Bright (IBright) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 23.1, but if it comes below 23.1, then a intra day sell could be more profitable.
If you take a sell trade below 23.1, then use 23.1 as stoploss and 20.72 as target. However if you take a buy trade in stock , then use 23.1 as stoploss and 26 as target.

Share price targets for I Bright (IBright)

Target Type	Value
Downside Target	18.00
Downside Target	18.36
Downside Target	19.27
Downside Target	21.24
Downside Target	22.05
Downside Target	22.83
Downside Target	23.05
Downside Target	23.47
Upside Target	24.25
Upside Target	24.77
Upside Target	26.25

Intraday share price targets for I Bright (IBright)

Target Type	Value
Downside Intraday Target	22.45
Downside Intraday Target	21.15
Upside Intraday Target	25.65
Upside Intraday Target	27.55
Upside Intraday Target	24.35

Weekly technical analysis of I Bright (IBright)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Sep 2023	23.75	24.74	26.25	23.05	6.528 times
22 Fri Sep 2023	24.25	22.30	24.25	21.24	6.632 times
15 Fri Sep 2023	21.24	19.27	21.66	19.27	0.64 times
08 Fri Sep 2023	18.36	18.36	18.36	18.36	99 times
01 Fri Sep 2023	18.36	18.36	18.36	18.36	0.007 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of I Bright (IBright)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Sep 2023	23.75	18.36	26.25	18.36	10.713 times
28 Mon Aug 2023	18.36	18.55	19.77	18.00	0.714 times
31 Mon Jul 2023	18.55	20.39	22.05	18.55	0.228 times
30 Fri Jun 2023	19.99	23.47	23.47	19.60	2.951 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 I Bright ( (IBright) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for I Bright in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

I Bright Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for I Bright in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of I Bright is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 24.02 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.