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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 2022-08-17 View latest technical analysis

10 day averaged volume of Bright Bros is 4643

Date Daily Closing Price Open High Low Volume
17 Wed Aug 2022 155.10 147.05 155.95 147.05 2.217 times
16 Tue Aug 2022 150.00 147.10 152.90 147.00 0.803 times
12 Fri Aug 2022 152.90 150.20 154.00 147.50 0.92 times
11 Thu Aug 2022 155.70 159.00 160.00 150.25 2.815 times
10 Wed Aug 2022 156.00 158.80 158.80 154.10 1.526 times
08 Mon Aug 2022 158.80 168.00 168.00 153.50 1.207 times
05 Fri Aug 2022 154.95 154.00 160.95 151.35 0.364 times
04 Thu Aug 2022 155.00 157.00 157.00 153.50 0.567 times
03 Wed Aug 2022 156.80 157.55 160.50 155.60 0.445 times
02 Tue Aug 2022 160.45 161.00 161.00 157.00 0.548 times

Stock of Bright Bros (BrightBros) has showed a significant upmove. This could be a good time to enter in 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 156.7 as stoploss in an intra day sell trade for a target of 152.63. However, stock will show a bullish move above 156.7.

Share price targets for Bright Bros (BrightBros)

Target Type Value
Downside Target 130.10
Downside Target 140.10
Downside Target 145.30
Downside Target 155.00
Upside Target 155.95
Upside Target 159.00
Upside Target 161.00
Upside Target 161.20
Upside Target 168.00
Upside Target 170.40

Intraday share price targets for Bright Bros (BrightBros)

Target Type Value
Downside Intraday Target 149.42
Downside Intraday Target 143.73
Upside Intraday Target 158.37
Upside Intraday Target 161.63
Downside Intraday Target 152.68

Weekly technical analysis of Bright Bros (BrightBros)

Date Weekly Closing Price Open High Low Volume
17 Wed Aug 2022 155.10 147.10 155.95 147.00 0.467 times
12 Fri Aug 2022 152.90 168.00 168.00 147.50 2.371 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

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
17 Wed Aug 2022 155.10 146.60 168.00 146.60 1.899 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Bright Bros (BrightBros)

Indicator Name Indicator Value Indicator Signal
ADX 20, 14, 16 Buy
MACD 3, 3Sell
Stochastics 30Sell
CCI -73Buy
RSI 62Buy
OBV -19993Sell
VWAP 156Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

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 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 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 gaining momentum.

MACD generated a SELL signal for Bright Bros in short term but the sell 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 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 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 but BUY signal is weak.

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 155.54 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 positive

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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Daily chart

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