(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 2022-05-13 View latest technical analysis
10 day averaged volume of Bright Bros is 4061
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri May 2022 | 145.30 | 152.95 | 152.95 | 141.70 | 0.807 times |
| 12 Thu May 2022 | 145.25 | 141.30 | 155.45 | 141.30 | 0.861 times |
| 11 Wed May 2022 | 147.65 | 149.70 | 149.70 | 147.00 | 1.154 times |
| 10 Tue May 2022 | 151.35 | 143.45 | 152.30 | 141.00 | 0.773 times |
| 09 Mon May 2022 | 148.20 | 153.35 | 153.35 | 145.15 | 1.283 times |
| 06 Fri May 2022 | 148.80 | 150.00 | 151.95 | 144.55 | 0.483 times |
| 05 Thu May 2022 | 149.30 | 151.15 | 155.50 | 148.05 | 0.673 times |
| 04 Wed May 2022 | 151.95 | 157.95 | 157.95 | 150.05 | 1.143 times |
| 02 Mon May 2022 | 152.95 | 161.20 | 161.20 | 151.55 | 0.417 times |
| 29 Fri Apr 2022 | 158.30 | 157.60 | 165.00 | 153.50 | 1.544 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 149.2, but if it comes above 149.2, then a intra day buy could be more profitable.
If you take a sell trade below 149.2, then use 149.2 as stoploss and 141.8 as target. However if you take a buy trade in stock , then use 149.2 as stoploss and 155.26 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 | 166.90 |
| 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 | 139.05 |
| Downside Intraday Target | 132.8 |
| Upside Intraday Target | 153.5 |
| Upside Intraday Target | 161.7 |
| Upside Intraday Target | 147.25 |
Weekly technical analysis of Bright Bros (BrightBros)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 13 Wed Apr 2022 | 159.00 | 157.50 | 166.90 | 155.50 | 0.477 times |
Price has moved down 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 |
| 13 Fri May 2022 | 145.30 | 161.20 | 161.20 | 141.00 | 0.311 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 | 14, 12, 8 | Buy |
| MACD | -7, -6 | Sell |
| Stochastics | 21 | Sell |
| CCI | -82 | Sell |
| RSI | 48 | Sell |
| OBV | -31932 | Sell |
| VWAP | 150 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Bright Bros ( (BrightBros) ) based on a short 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 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.
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 moving up
CCI has generated a SELL signal for Bright Bros in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 150.37 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
Click here for further forecast and predictions for tomorrow