(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 2023-01-31 View latest technical analysis
10 day averaged volume of Bright Bros is 1574
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Tue Jan 2023 | 162.00 | 166.85 | 166.85 | 157.10 | 0.788 times |
| 30 Mon Jan 2023 | 156.35 | 167.95 | 167.95 | 155.00 | 0.922 times |
| 27 Fri Jan 2023 | 163.90 | 166.50 | 166.50 | 155.40 | 0.269 times |
| 25 Wed Jan 2023 | 164.10 | 169.00 | 169.00 | 162.10 | 1.048 times |
| 24 Tue Jan 2023 | 163.80 | 168.60 | 170.00 | 162.60 | 1.87 times |
| 23 Mon Jan 2023 | 168.60 | 170.05 | 170.05 | 166.50 | 0.86 times |
| 20 Fri Jan 2023 | 170.05 | 171.95 | 171.95 | 167.70 | 2.016 times |
| 19 Thu Jan 2023 | 166.85 | 165.20 | 169.00 | 165.20 | 0.346 times |
| 18 Wed Jan 2023 | 168.00 | 173.00 | 173.00 | 167.30 | 1.005 times |
| 17 Tue Jan 2023 | 169.90 | 185.00 | 185.00 | 163.35 | 0.698 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 161 as stoploss in an intra day buy trade for a target of 164.63. However, stock will show a bearish move below 161.
Share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Target | 155.00 |
| Downside Target | 159.95 |
| Upside Target | 170.00 |
| Upside Target | 170.05 |
| Upside Target | 172.00 |
| 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 | 155.35 |
| Downside Intraday Target | 148.7 |
| Upside Intraday Target | 168.3 |
| Upside Intraday Target | 174.6 |
| Downside Intraday Target | 161.65 |
Weekly technical analysis of Bright Bros (BrightBros)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Tue Jan 2023 | 162.00 | 167.95 | 167.95 | 155.00 | 0.423 times |
| 27 Fri Jan 2023 | 163.90 | 170.05 | 170.05 | 155.40 | 0.805 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 |
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 |
| 31 Tue Jan 2023 | 162.00 | 172.00 | 185.00 | 155.00 | 0.744 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 | 14, 16, 6 | Sell |
| MACD | -2, -1 | Sell |
| Stochastics | 19 | Sell |
| CCI | -84 | Buy |
| RSI | 50 | Buy |
| OBV | -4227 | Sell |
| VWAP | 166 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| 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 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 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 mid to longer 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.
ADX buy sell signal for Bright Bros stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bright Bros in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 165.66 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 negative.
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