(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 2022-08-11 View latest technical analysis
10 day averaged volume of Bright Bros is 2875
|Date||Daily Closing Price||Open||High||Low||Volume|
|11 Thu Aug 2022||155.70||159.00||160.00||150.25||4.546 times|
|10 Wed Aug 2022||156.00||158.80||158.80||154.10||2.464 times|
|08 Mon Aug 2022||158.80||168.00||168.00||153.50||1.949 times|
|05 Fri Aug 2022||154.95||154.00||160.95||151.35||0.587 times|
|04 Thu Aug 2022||155.00||157.00||157.00||153.50||0.916 times|
|03 Wed Aug 2022||156.80||157.55||160.50||155.60||0.719 times|
|02 Tue Aug 2022||160.45||161.00||161.00||157.00||0.885 times|
|01 Mon Aug 2022||155.60||146.60||159.90||146.60||1.297 times|
|29 Fri Jul 2022||147.50||146.90||150.50||144.60||0.198 times|
|28 Thu Jul 2022||147.90||150.00||150.90||145.30||0.597 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 bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 156.5 as stoploss in an intra day sell trade for a target of 152.35. However, stock will show a bullish move above 156.5.
Share price targets for Bright Bros (BrightBros)
Intraday share price targets for Bright Bros (BrightBros)
|Downside Intraday Target||147.97|
|Downside Intraday Target||140.23|
|Upside Intraday Target||165.72|
|Upside Intraday Target||175.73|
|Upside Intraday Target||157.98|
Weekly technical analysis of Bright Bros (BrightBros)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|11 Thu Aug 2022||155.70||168.00||168.00||150.25||2.034 times|
|05 Fri Aug 2022||154.95||146.60||161.00||146.60||1.528 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|
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Bright Bros (BrightBros)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|11 Thu Aug 2022||155.70||146.60||168.00||146.60||1.287 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||22, 15, 18||Buy|
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 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 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 mid to longer 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.
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 BUY signal for Bright Bros in short term and the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Bright Bros in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 156 and Bright Bros (BrightBros) stock is trading below this level. This means that stock is falling with high volumes. 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.