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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 2022-08-19 View latest technical analysis

10 day averaged volume of Bright Bros is 5503

Date Daily Closing Price Open High Low Volume
19 Fri Aug 2022 148.85 156.00 156.00 148.05 0.967 times
18 Thu Aug 2022 153.30 157.50 166.00 148.40 0.832 times
17 Wed Aug 2022 155.10 147.05 155.95 147.05 1.871 times
16 Tue Aug 2022 150.00 147.10 152.90 147.00 0.678 times
12 Fri Aug 2022 152.90 150.20 154.00 147.50 0.776 times
11 Thu Aug 2022 155.70 159.00 160.00 150.25 2.375 times
10 Wed Aug 2022 156.00 158.80 158.80 154.10 1.287 times
08 Mon Aug 2022 158.80 168.00 168.00 153.50 1.018 times
05 Fri Aug 2022 154.95 154.00 160.95 151.35 0.307 times
04 Thu Aug 2022 155.00 157.00 157.00 153.50 0.479 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 148.5 as stoploss in an intra day buy trade for a target of 152.61. However, stock will show a bearish move below 148.5.

Share price targets for Bright Bros (BrightBros)

Target Type Value
Downside Target 130.10
Downside Target 140.10
Downside Target 145.30
Upside Target 155.00
Upside Target 159.00
Upside Target 161.00
Upside Target 161.20
Upside Target 166.00
Upside Target 168.00
Upside Target 170.40

Intraday share price targets for Bright Bros (BrightBros)

Target Type Value
Downside Intraday Target 141.9
Downside Intraday Target 134.95
Upside Intraday Target 160.9
Upside Intraday Target 172.95
Upside Intraday Target 153.95

Weekly technical analysis of Bright Bros (BrightBros)

Date Weekly Closing Price Open High Low Volume
19 Fri Aug 2022 148.85 147.10 166.00 147.00 0.797 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 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
19 Fri Aug 2022 148.85 146.60 168.00 146.60 2.231 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 25, 11, 39 Buy
MACD 2, 3Sell
Stochastics 26Sell
CCI -92Sell
RSI 60Buy
OBV -30875Sell
VWAP 154Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 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 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 Strong and stock is losing momentum.

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

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 in or below the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 154.49 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.

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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