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(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 4571

Date Daily Closing Price Open High Low Volume
25 Fri Nov 2022 165.00 165.00 167.90 165.00 0.173 times
24 Thu Nov 2022 166.80 165.00 168.00 163.00 1.025 times
23 Wed Nov 2022 168.95 163.80 169.95 163.00 1.002 times
22 Tue Nov 2022 168.85 168.90 170.20 161.10 1.978 times
21 Mon Nov 2022 161.75 167.80 167.80 159.95 0.935 times
18 Fri Nov 2022 164.50 162.35 167.25 162.35 0.398 times
17 Thu Nov 2022 162.35 162.75 169.95 160.00 1.579 times
16 Wed Nov 2022 166.00 169.80 171.00 165.05 0.521 times
15 Tue Nov 2022 169.80 172.00 172.00 167.10 0.161 times
14 Mon Nov 2022 169.95 165.00 173.85 161.75 0.676 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 163.9 as stoploss in an intra day buy trade for a target of 166.42. However, stock will show a bearish move below 163.9.

Share price targets for Bright Bros (BrightBros)

Target Type Value
Downside Target 140.05
Downside Target 159.00
Upside Target 170.20
Upside Target 170.85
Upside Target 173.85
Upside Target 176.00
Upside Target 177.00
Upside Target 177.95
Upside Target 192.95
Upside Target 195.00

Intraday share price targets for Bright Bros (BrightBros)

Target Type Value
Downside Intraday Target 159.9
Downside Intraday Target 154.8
Upside Intraday Target 170.15
Upside Intraday Target 175.3
Upside Intraday Target 165.05

Weekly technical analysis of Bright Bros (BrightBros)

Date Weekly Closing Price Open High Low Volume
25 Fri Nov 2022 165.00 167.80 170.20 159.95 1.534 times
18 Fri Nov 2022 164.50 165.00 173.85 160.00 0.487 times
11 Fri Nov 2022 165.60 166.35 176.00 162.00 2.607 times
04 Fri Nov 2022 169.85 164.00 177.00 161.00 1.624 times
28 Fri Oct 2022 168.00 167.00 177.95 161.55 0.534 times

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

Monthly technical analysis of Bright Bros (BrightBros)

Date Monthly Closing Price Open High Low Volume
25 Fri Nov 2022 165.00 162.05 177.00 159.95 1.198 times
31 Mon Oct 2022 167.70 175.00 192.95 161.55 0.336 times
30 Fri Sep 2022 175.25 168.60 195.00 165.05 1.707 times
30 Tue Aug 2022 168.35 146.60 170.85 140.05 3.835 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 Bright Bros (BrightBros)

Indicator Name Indicator Value Indicator Signal
ADX 11, 10, 5 Buy
MACD -2, -2Buy
Stochastics 45None
CCI -16Buy
RSI 56Buy
OBV 6423Sell
VWAP 166Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

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. 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 buy signal for Bright Bros in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 166.26 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 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 Bright Bros charts

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Daily charts

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Daily chart

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