(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 2022-05-19 View latest technical analysis
10 day averaged volume of Bright Bros is 3148
|Date||Daily Closing Price||Open||High||Low||Volume|
|19 Thu May 2022||148.55||152.00||152.00||142.50||0.286 times|
|18 Wed May 2022||148.50||148.75||152.00||146.30||0.938 times|
|17 Tue May 2022||152.70||146.00||152.95||146.00||0.925 times|
|16 Mon May 2022||147.50||141.00||151.85||141.00||0.355 times|
|13 Fri May 2022||145.30||152.95||152.95||141.70||1.041 times|
|12 Thu May 2022||145.25||141.30||155.45||141.30||1.11 times|
|11 Wed May 2022||147.65||149.70||149.70||147.00||1.488 times|
|10 Tue May 2022||151.35||143.45||152.30||141.00||0.997 times|
|09 Mon May 2022||148.20||153.35||153.35||145.15||1.655 times|
|06 Fri May 2022||148.80||150.00||151.95||144.55||0.624 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 147.2 as stoploss in an intra day buy trade for a target of 152.98. However, stock will show a bearish move below 147.2.
Share price targets for Bright Bros (BrightBros)
Intraday share price targets for Bright Bros (BrightBros)
|Downside Intraday Target||142.05|
|Downside Intraday Target||135.55|
|Upside Intraday Target||154|
|Upside Intraday Target||159.45|
|Downside Intraday Target||147.5|
Weekly technical analysis of Bright Bros (BrightBros)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|19 Thu May 2022||148.55||141.00||152.95||141.00||0.398 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|
|19 Thu May 2022||148.55||161.20||161.20||141.00||0.391 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||11, 13, 10||Sell|
Price action analysis of Bright Bros ( (BrightBros) ) based on a short 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Bright Bros in short term but the buy signal is initial and weak.
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. Bulls 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 148.27 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 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.