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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 3711

Date Daily Closing Price Open High Low Volume
16 Mon May 2022 147.50 141.00 151.85 141.00 0.301 times
13 Fri May 2022 145.30 152.95 152.95 141.70 0.883 times
12 Thu May 2022 145.25 141.30 155.45 141.30 0.942 times
11 Wed May 2022 147.65 149.70 149.70 147.00 1.262 times
10 Tue May 2022 151.35 143.45 152.30 141.00 0.846 times
09 Mon May 2022 148.20 153.35 153.35 145.15 1.404 times
06 Fri May 2022 148.80 150.00 151.95 144.55 0.529 times
05 Thu May 2022 149.30 151.15 155.50 148.05 0.737 times
04 Wed May 2022 151.95 157.95 157.95 150.05 1.251 times
02 Mon May 2022 152.95 161.20 161.20 151.55 0.456 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 148.4, but if it comes above 148.4, then a intra day buy could be more profitable.
If you take a sell trade below 148.4, then use 148.4 as stoploss and 140.9 as target. However if you take a buy trade in stock , then use 148.4 as stoploss and 154.69 as target.

Share price targets for Bright Bros (BrightBros)

Target Type Value
Downside Target 141.00
Downside Target 144.55
Upside Target 148.30
Upside Target 160.00
Upside Target 161.20
Upside Target 166.70
Upside Target 169.90
Upside Target 170.40
Upside Target 197.95
Upside Target 214.00

Intraday share price targets for Bright Bros (BrightBros)

Target Type Value
Downside Intraday Target 141.72
Downside Intraday Target 135.93
Upside Intraday Target 152.57
Upside Intraday Target 157.63
Downside Intraday Target 146.78

Weekly technical analysis of Bright Bros (BrightBros)

Date Weekly Closing Price Open High Low Volume
16 Mon May 2022 147.50 141.00 151.85 141.00 0.056 times
13 Fri May 2022 145.30 153.35 155.45 141.00 1.795 times
06 Fri May 2022 148.80 161.20 161.20 144.55 0.372 times
29 Fri Apr 2022 158.30 163.30 166.70 153.00 0.995 times
22 Fri Apr 2022 163.60 161.70 170.40 151.00 2.534 times

Price has moved up 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 Bright Bros (BrightBros)

Date Monthly Closing Price Open High Low Volume
16 Mon May 2022 147.50 161.20 161.20 141.00 0.322 times
29 Fri Apr 2022 158.30 148.95 170.40 148.95 0.628 times
31 Thu Mar 2022 150.15 153.95 169.90 148.30 1.061 times
28 Mon Feb 2022 153.55 196.80 197.95 141.10 0.467 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 12, 11, 4 Buy
MACD -7, -6Sell
Stochastics 23Sell
CCI -77Buy
RSI 48Sell
OBV -35304Sell
VWAP 149Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Bright Bros ( (BrightBros) ) based on a short 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 Bright Bros ( (BrightBros) ) 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 Bright Bros ( (BrightBros) ) 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 Bright Bros ( (BrightBros) ) based on a mid to longer term time period is

ADX buy sell signal for Bright Bros stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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

Bright Bros Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bright Bros in short term but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 148.71 and Bright Bros (BrightBros) 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 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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