(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)
Showing technical analysis as on 2021-11-18 View latest technical analysis
10 day averaged volume of Bright Bros is 7075
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Nov 2021 | 155.25 | 156.15 | 162.00 | 151.00 | 0.66 times |
| 17 Wed Nov 2021 | 158.10 | 154.00 | 164.00 | 152.40 | 0.253 times |
| 16 Tue Nov 2021 | 158.95 | 165.25 | 166.20 | 157.50 | 0.519 times |
| 15 Mon Nov 2021 | 160.40 | 175.30 | 175.30 | 160.00 | 1.977 times |
| 12 Fri Nov 2021 | 167.50 | 176.50 | 179.00 | 166.40 | 2.268 times |
| 11 Thu Nov 2021 | 173.95 | 175.05 | 175.05 | 163.65 | 1.732 times |
| 10 Wed Nov 2021 | 168.40 | 164.95 | 168.40 | 156.00 | 1.927 times |
| 09 Tue Nov 2021 | 160.40 | 162.50 | 162.50 | 155.15 | 0.638 times |
| 08 Mon Nov 2021 | 156.15 | 164.00 | 164.00 | 153.15 | 0.466 times |
| 04 Thu Nov 2021 | 156.30 | 153.00 | 159.50 | 153.00 | 0.104 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 153.9 as stoploss in an intra day buy trade for a target of 159.36. However, stock will show a bearish move below 153.9.
Share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Target | 131.20 |
| Downside Target | 137.25 |
| Downside Target | 146.55 |
| Downside Target | 150.00 |
| Upside Target | 159.90 |
| Upside Target | 175.30 |
| Upside Target | 179.00 |
| Upside Target | 180.00 |
| Upside Target | 183.00 |
| Upside Target | 197.00 |
| Upside Target | 225.90 |
Intraday share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Intraday Target | 145.73 |
| Downside Intraday Target | 136.22 |
| Upside Intraday Target | 170.03 |
| Upside Intraday Target | 184.82 |
| Upside Intraday Target | 160.52 |
Weekly technical analysis of Bright Bros (BrightBros)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Nov 2021 | 155.25 | 175.30 | 175.30 | 151.00 | 0.485 times |
| 12 Fri Nov 2021 | 167.50 | 164.00 | 179.00 | 153.15 | 9.077 times |
| 04 Thu Nov 2021 | 156.30 | 153.05 | 162.80 | 150.10 | 0.201 times |
| 29 Fri Oct 2021 | 155.65 | 163.00 | 165.90 | 150.00 | 0.87 times |
| 22 Fri Oct 2021 | 162.45 | 178.00 | 180.00 | 159.90 | 1.084 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 Bright Bros (BrightBros)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Thu Nov 2021 | 155.25 | 153.05 | 179.00 | 150.10 | 0.735 times |
| 29 Fri Oct 2021 | 155.65 | 158.00 | 180.00 | 150.00 | 0.709 times |
| 30 Thu Sep 2021 | 160.20 | 175.90 | 183.00 | 146.55 | 0.494 times |
| 31 Tue Aug 2021 | 169.10 | 196.00 | 197.00 | 131.20 | 0.36 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 | 17, 17, 1 | Sell |
| MACD | -1, -0 | Sell |
| Stochastics | 23 | Sell |
| CCI | -84 | Sell |
| RSI | 56 | Buy |
| OBV | -35622 | Sell |
| VWAP | 165 | Sell |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Bright Bros ( (BrightBros) ) based on a short to mid 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 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 SELL. 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.
Bright Bros 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 red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Bright Bros 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 negative zone. This is the SELL 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 164.94 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 is giving positive 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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