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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)

10 day averaged volume of I Bright is 49

Date Daily Closing Price Open High Low Volume
31 Fri Mar 2023 26.55 26.55 26.55 26.50 0.918 times
29 Wed Mar 2023 27.05 27.90 27.90 27.05 0.143 times
28 Tue Mar 2023 28.45 28.45 28.45 28.45 0.265 times
27 Mon Mar 2023 28.45 28.45 28.45 28.45 0.592 times
24 Fri Mar 2023 28.45 28.45 28.45 28.45 0.857 times
23 Thu Mar 2023 29.00 28.45 29.00 28.45 0.306 times
22 Wed Mar 2023 29.00 30.00 30.00 29.00 0.245 times
21 Tue Mar 2023 30.00 30.10 30.10 30.00 0.245 times
20 Mon Mar 2023 30.10 30.10 30.10 30.10 1.469 times
17 Fri Mar 2023 30.10 30.10 30.10 30.10 0.265 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 26.6, for a target of 28.2 or 29.63

Share price targets for I Bright (IBright)

Target Type Value
Downside Target 18.00
Downside Target 19.90
Downside Target 22.80
Downside Target 25.30
Downside Target 26.50
Upside Target 27.90
Upside Target 29.20
Upside Target 29.90
Upside Target 30.50
Upside Target 30.70
Upside Target 32.28
Upside Target 33.89

Intraday share price targets for I Bright (IBright)

Target Type Value
Downside Intraday Target 25.88
Downside Intraday Target 25.22
Upside Intraday Target 27.83
Upside Intraday Target 29.12
Upside Intraday Target 27.17

Weekly technical analysis of I Bright (IBright)

Date Weekly Closing Price Open High Low Volume
31 Fri Mar 2023 26.55 28.45 28.45 26.50 0.614 times
24 Fri Mar 2023 28.45 30.10 30.10 28.45 0.083 times
17 Fri Mar 2023 30.10 29.30 30.50 28.32 0.365 times
10 Fri Mar 2023 29.90 32.28 33.89 29.90 0.737 times
03 Fri Mar 2023 32.28 26.60 32.28 25.30 2.111 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
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
31 Tue Jan 2023 20.35 18.55 22.80 18.00 1.071 times
30 Fri Dec 2022 18.15 29.20 29.20 18.00 27.175 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)

Indicator Name Indicator Value Indicator Signal
ADX 20, 45, 39 Sell
MACD 2, 2Sell
Stochastics 0Sell
CCI -162Sell
RSI 59Buy
OBV -2941Sell
VWAP 29Sell
ADL 0Sell
ROC -12Sell
Force Index 0Sell

Price action analysis of I Bright ( (IBright) ) 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 I Bright ( (IBright) ) 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 I Bright ( (IBright) ) based on a short to mid 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 I Bright ( (IBright) ) based on a mid to longer 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.

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 but the sell signal is initial and weak.

I Bright Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 28.75 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 positive

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

Click here for I Bright charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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