(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 2022-05-23 View latest technical analysis
10 day averaged volume of Bright Bros is 3175
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 147.45 | 141.00 | 147.50 | 137.00 | 0.846 times |
| 20 Fri May 2022 | 146.65 | 148.00 | 148.75 | 144.00 | 1.28 times |
| 19 Thu May 2022 | 148.55 | 152.00 | 152.00 | 142.50 | 0.283 times |
| 18 Wed May 2022 | 148.50 | 148.75 | 152.00 | 146.30 | 0.93 times |
| 17 Tue May 2022 | 152.70 | 146.00 | 152.95 | 146.00 | 0.917 times |
| 16 Mon May 2022 | 147.50 | 141.00 | 151.85 | 141.00 | 0.352 times |
| 13 Fri May 2022 | 145.30 | 152.95 | 152.95 | 141.70 | 1.032 times |
| 12 Thu May 2022 | 145.25 | 141.30 | 155.45 | 141.30 | 1.101 times |
| 11 Wed May 2022 | 147.65 | 149.70 | 149.70 | 147.00 | 1.476 times |
| 10 Tue May 2022 | 151.35 | 143.45 | 152.30 | 141.00 | 0.988 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 146.4 as stoploss in an intra day buy trade for a target of 151.46. However, stock will show a bearish move below 146.4.
Share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Target | 137.00 |
| Downside Target | 141.00 |
| Downside Target | 144.55 |
| Upside Target | 147.50 |
| Upside Target | 152.95 |
| 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 | 140.47 |
| Downside Intraday Target | 133.48 |
| Upside Intraday Target | 150.97 |
| Upside Intraday Target | 154.48 |
| Downside Intraday Target | 143.98 |
Weekly technical analysis of Bright Bros (BrightBros)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 147.45 | 141.00 | 147.50 | 137.00 | 0.225 times |
| 20 Fri May 2022 | 146.65 | 141.00 | 152.95 | 141.00 | 0.603 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 |
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 |
| 23 Mon May 2022 | 147.45 | 161.20 | 161.20 | 137.00 | 0.459 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 | 9, 19, 36 | Sell |
| MACD | -6, -6 | Buy |
| Stochastics | 49 | None |
| CCI | -189 | Sell |
| RSI | 46 | Sell |
| OBV | -30323 | Sell |
| VWAP | 148 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
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 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 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 Strong 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. 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 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 147.95 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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