(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)
Intraday share price targets for Bright Bros (BrightBros)
|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|
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.