(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, -6 | Sell |
Stochastics | 23 | Sell |
CCI | -77 | Buy |
RSI | 48 | Sell |
OBV | -35304 | Sell |
VWAP | 149 | Sell |
ADL | 0 | Sell |
ROC | -7 | Sell |
Force Index | 0 | Sell |
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.
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