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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 2022-08-02 View latest technical analysis

10 day averaged volume of Bright Bros is 1543

Date Daily Closing Price Open High Low Volume
02 Tue Aug 2022 160.45 161.00 161.00 157.00 1.649 times
01 Mon Aug 2022 155.60 146.60 159.90 146.60 2.417 times
29 Fri Jul 2022 147.50 146.90 150.50 144.60 0.369 times
28 Thu Jul 2022 147.90 150.00 150.90 145.30 1.113 times
27 Wed Jul 2022 149.20 140.25 149.50 140.10 0.722 times
26 Tue Jul 2022 144.15 151.00 151.00 142.50 2.61 times
25 Mon Jul 2022 149.65 150.85 150.85 145.05 0.557 times
22 Fri Jul 2022 150.85 149.50 153.75 149.50 0.232 times
21 Thu Jul 2022 149.50 148.00 152.00 145.30 0.744 times
20 Wed Jul 2022 150.90 151.50 155.00 149.00 1.132 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 157.6, for a target of 153.5 or 150

Share price targets for Bright Bros (BrightBros)

Target Type Value
Downside Target 130.10
Downside Target 140.10
Downside Target 143.60
Downside Target 154.00
Downside Target 155.00
Downside Target 159.00
Upside Target 161.00
Upside Target 161.20
Upside Target 170.40

Intraday share price targets for Bright Bros (BrightBros)

Target Type Value
Downside Intraday Target 151.03
Downside Intraday Target 141.62
Upside Intraday Target 165.43
Upside Intraday Target 170.42
Downside Intraday Target 156.02

Weekly technical analysis of Bright Bros (BrightBros)

Date Weekly Closing Price Open High Low Volume
02 Tue Aug 2022 160.45 146.60 161.00 146.60 0.757 times
29 Fri Jul 2022 147.50 150.85 151.00 140.10 1.957 times
22 Fri Jul 2022 150.85 148.15 155.00 145.30 0.667 times
15 Fri Jul 2022 148.15 152.40 154.00 143.60 0.61 times
08 Fri Jul 2022 145.85 153.40 159.00 144.20 1.032 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
02 Tue Aug 2022 160.45 146.60 161.00 146.60 0.21 times
29 Fri Jul 2022 147.50 145.00 159.00 140.10 0.806 times
30 Thu Jun 2022 151.20 145.00 154.00 130.10 0.758 times
31 Tue May 2022 142.95 161.20 161.20 131.20 0.493 times

Scroll below to view daily charts

Price has moved up 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 20, 14, 19 Buy
MACD 3, 1Buy
Stochastics 75Buy
CCI 196Buy
RSI 59Buy
OBV -1487Sell
VWAP 151Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bright Bros ( (BrightBros) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Bright Bros in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bright Bros Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Bright Bros in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 151.07 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 rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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

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Daily charts

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Daily chart

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