(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 2022-05-17 View latest technical analysis
10 day averaged volume of Bright Bros is 3195
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue May 2022 | 152.70 | 146.00 | 152.95 | 146.00 | 0.911 times |
| 16 Mon May 2022 | 147.50 | 141.00 | 151.85 | 141.00 | 0.35 times |
| 13 Fri May 2022 | 145.30 | 152.95 | 152.95 | 141.70 | 1.025 times |
| 12 Thu May 2022 | 145.25 | 141.30 | 155.45 | 141.30 | 1.094 times |
| 11 Wed May 2022 | 147.65 | 149.70 | 149.70 | 147.00 | 1.466 times |
| 10 Tue May 2022 | 151.35 | 143.45 | 152.30 | 141.00 | 0.982 times |
| 09 Mon May 2022 | 148.20 | 153.35 | 153.35 | 145.15 | 1.63 times |
| 06 Fri May 2022 | 148.80 | 150.00 | 151.95 | 144.55 | 0.614 times |
| 05 Thu May 2022 | 149.30 | 151.15 | 155.50 | 148.05 | 0.856 times |
| 04 Wed May 2022 | 151.95 | 157.95 | 157.95 | 150.05 | 1.453 times |
My analysis of stock is bearish for shortterm, and stock might move down till 148.2 or till 141. Use a stoploss of 154.16 and if the stock hits stoploss, then it can shoot up till 160.12
Share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Target | 141.00 |
| Downside Target | 144.55 |
| Downside 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 | 144.82 |
| Downside Intraday Target | 136.93 |
| Upside Intraday Target | 156.77 |
| Upside Intraday Target | 160.83 |
| Downside Intraday Target | 148.88 |
Weekly technical analysis of Bright Bros (BrightBros)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue May 2022 | 152.70 | 141.00 | 152.95 | 141.00 | 0.203 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 |
| 17 Tue May 2022 | 152.70 | 161.20 | 161.20 | 141.00 | 0.352 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 | 13, 11, 10 | Buy |
| MACD | -6, -6 | Sell |
| Stochastics | 40 | None |
| CCI | 67 | Buy |
| RSI | 51 | Buy |
| OBV | -30860 | Sell |
| VWAP | 149 | Buy |
| ADL | 0 | Sell |
| ROC | -0 | 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 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 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 gaining 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 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 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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 148.85 and Bright Bros (BrightBros) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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