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(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, -6Buy
Stochastics 49None
CCI -189Sell
RSI 46Sell
OBV -30323Sell
VWAP 148Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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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Daily charts

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