(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 1402
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed Feb 2023 | 156.45 | 157.40 | 159.55 | 155.00 | 2.263 times |
| 07 Tue Feb 2023 | 158.05 | 167.00 | 167.00 | 156.00 | 0.713 times |
| 06 Mon Feb 2023 | 156.90 | 171.75 | 171.75 | 155.10 | 1.374 times |
| 03 Fri Feb 2023 | 159.80 | 158.45 | 163.00 | 158.45 | 1.162 times |
| 02 Thu Feb 2023 | 163.25 | 164.85 | 165.45 | 161.35 | 0.143 times |
| 01 Wed Feb 2023 | 163.10 | 157.05 | 168.40 | 157.00 | 1.105 times |
| 31 Tue Jan 2023 | 162.00 | 166.85 | 166.85 | 157.10 | 0.885 times |
| 30 Mon Jan 2023 | 156.35 | 167.95 | 167.95 | 155.00 | 1.036 times |
| 27 Fri Jan 2023 | 163.90 | 166.50 | 166.50 | 155.40 | 0.302 times |
| 25 Wed Jan 2023 | 164.10 | 169.00 | 169.00 | 162.10 | 1.177 times |
Stock of Bright Bros (BrightBros) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 159.2, but if it comes above 159.2, then a intra day buy could be more profitable.
If you take a sell trade below 159.2, then use 159.2 as stoploss and 153.8 as target. However if you take a buy trade in stock , then use 159.2 as stoploss and 163.73 as target.
Share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Target | 155.00 |
| Upside Target | 159.95 |
| Upside Target | 168.40 |
| Upside Target | 170.05 |
| Upside Target | 171.75 |
| 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 | 150.38 |
| Downside Intraday Target | 144.32 |
| Upside Intraday Target | 167.13 |
| Upside Intraday Target | 177.82 |
| Upside Intraday Target | 161.07 |
Weekly technical analysis of Bright Bros (BrightBros)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed Feb 2023 | 156.45 | 171.75 | 171.75 | 155.00 | 1.004 times |
| 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 |
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 |
| 08 Wed Feb 2023 | 156.45 | 157.05 | 171.75 | 155.00 | 0.176 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 | 17, 12, 16 | Buy |
| MACD | -4, -3 | Sell |
| Stochastics | 13 | Sell |
| CCI | -179 | Sell |
| RSI | 45 | Sell |
| OBV | 3398 | Sell |
| VWAP | 159 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bright Bros in short term and the sell signal is strong.
Bright Bros Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 159.41 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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