(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 2023-01-24 View latest technical analysis
10 day averaged volume of Bright Bros is 2993
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Jan 2023 | 163.80 | 168.60 | 170.00 | 162.60 | 0.983 times |
| 23 Mon Jan 2023 | 168.60 | 170.05 | 170.05 | 166.50 | 0.452 times |
| 20 Fri Jan 2023 | 170.05 | 171.95 | 171.95 | 167.70 | 1.06 times |
| 19 Thu Jan 2023 | 166.85 | 165.20 | 169.00 | 165.20 | 0.182 times |
| 18 Wed Jan 2023 | 168.00 | 173.00 | 173.00 | 167.30 | 0.529 times |
| 17 Tue Jan 2023 | 169.90 | 185.00 | 185.00 | 163.35 | 0.367 times |
| 16 Mon Jan 2023 | 169.60 | 169.30 | 172.55 | 164.70 | 0.507 times |
| 13 Fri Jan 2023 | 169.30 | 165.00 | 170.00 | 164.00 | 3.261 times |
| 12 Thu Jan 2023 | 163.75 | 165.00 | 165.00 | 157.65 | 1.359 times |
| 11 Wed Jan 2023 | 160.85 | 164.95 | 164.95 | 160.50 | 1.373 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 162.7 as stoploss in an intra day buy trade for a target of 165.8. However, stock will show a bearish move below 162.7.
Share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Target | 155.10 |
| Downside Target | 159.95 |
| Upside Target | 170.00 |
| Upside Target | 172.00 |
| Upside Target | 172.95 |
| Upside Target | 177.00 |
| Upside Target | 183.90 |
| Upside Target | 185.00 |
| Upside Target | 192.95 |
| Upside Target | 195.00 |
Intraday share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Intraday Target | 160.92 |
| Downside Intraday Target | 158.03 |
| Upside Intraday Target | 168.37 |
| Upside Intraday Target | 172.93 |
| Upside Intraday Target | 165.48 |
Weekly technical analysis of Bright Bros (BrightBros)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Jan 2023 | 163.80 | 170.05 | 170.05 | 162.60 | 0.543 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 |
| 06 Fri Jan 2023 | 161.20 | 172.00 | 172.00 | 160.00 | 2.017 times |
| 30 Fri Dec 2022 | 166.50 | 155.10 | 172.95 | 155.10 | 0.418 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 |
| 24 Tue Jan 2023 | 163.80 | 172.00 | 185.00 | 155.80 | 0.679 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 |
| 31 Mon Oct 2022 | 167.70 | 175.00 | 192.95 | 161.55 | 0.336 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 | 22, 16, 16 | Buy |
| MACD | 0, -0 | Buy |
| Stochastics | 38 | None |
| CCI | -50 | Sell |
| RSI | 53 | Buy |
| OBV | -1331 | Sell |
| VWAP | 167 | Sell |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
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 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
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. 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 BUY signal in short term but buying is losing 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 166.83 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 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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