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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)

10 day averaged volume of Bright Bros is 1453

Date Daily Closing Price Open High Low Volume
03 Fri Feb 2023 159.80 158.45 163.00 158.45 1.121 times
02 Thu Feb 2023 163.25 164.85 165.45 161.35 0.138 times
01 Wed Feb 2023 163.10 157.05 168.40 157.00 1.066 times
31 Tue Jan 2023 162.00 166.85 166.85 157.10 0.854 times
30 Mon Jan 2023 156.35 167.95 167.95 155.00 0.999 times
27 Fri Jan 2023 163.90 166.50 166.50 155.40 0.292 times
25 Wed Jan 2023 164.10 169.00 169.00 162.10 1.136 times
24 Tue Jan 2023 163.80 168.60 170.00 162.60 2.025 times
23 Mon Jan 2023 168.60 170.05 170.05 166.50 0.932 times
20 Fri Jan 2023 170.05 171.95 171.95 167.70 2.184 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 160.7, but if it comes above 160.7, then a intra day buy could be more profitable.
If you take a sell trade below 160.7, then use 160.7 as stoploss and 156.2 as target. However if you take a buy trade in stock , then use 160.7 as stoploss and 164.42 as target.

Share price targets for Bright Bros (BrightBros)

Target Type Value
Downside Target 155.00
Upside Target 168.40
Upside Target 170.00
Upside Target 170.05
Upside Target 172.00
Upside Target 177.00
Upside Target 183.90
Upside Target 185.00
Upside Target 192.95

Intraday share price targets for Bright Bros (BrightBros)

Target Type Value
Downside Intraday Target 153.73
Downside Intraday Target 147.67
Upside Intraday Target 167.13
Upside Intraday Target 174.47
Upside Intraday Target 161.07

Weekly technical analysis of Bright Bros (BrightBros)

Date Weekly Closing Price Open High Low Volume
03 Fri Feb 2023 159.80 167.95 168.40 155.00 0.953 times
27 Fri Jan 2023 163.90 170.05 170.05 155.40 0.805 times
20 Fri Jan 2023 170.05 169.30 185.00 163.35 0.35 times
13 Fri Jan 2023 169.30 166.10 170.00 155.80 1.587 times
06 Fri Jan 2023 161.20 172.00 172.00 160.00 2.017 times

Price has moved down 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
03 Fri Feb 2023 159.80 157.05 168.40 157.00 0.063 times
31 Tue Jan 2023 162.00 172.00 185.00 155.00 0.744 times
30 Fri Dec 2022 166.50 170.00 183.90 155.10 0.763 times
30 Wed Nov 2022 170.30 162.05 177.00 159.95 1.444 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, 16, 12 Sell
MACD -2, -2Sell
Stochastics 41None
CCI -88Sell
RSI 45Sell
OBV 9311Sell
VWAP 164Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 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 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 mid to longer term time period is

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 SELL signal for Bright Bros in short term and the sell signal is strong.

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 below the red cloud Prices appear to be coming down

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 164.19 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

Daily charts

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Daily chart

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