(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 2023-02-06 View latest technical analysis
10 day averaged volume of Bright Bros is 1562
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon Feb 2023 | 156.90 | 171.75 | 171.75 | 155.10 | 1.233 times |
| 03 Fri Feb 2023 | 159.80 | 158.45 | 163.00 | 158.45 | 1.043 times |
| 02 Thu Feb 2023 | 163.25 | 164.85 | 165.45 | 161.35 | 0.129 times |
| 01 Wed Feb 2023 | 163.10 | 157.05 | 168.40 | 157.00 | 0.992 times |
| 31 Tue Jan 2023 | 162.00 | 166.85 | 166.85 | 157.10 | 0.794 times |
| 30 Mon Jan 2023 | 156.35 | 167.95 | 167.95 | 155.00 | 0.93 times |
| 27 Fri Jan 2023 | 163.90 | 166.50 | 166.50 | 155.40 | 0.271 times |
| 25 Wed Jan 2023 | 164.10 | 169.00 | 169.00 | 162.10 | 1.056 times |
| 24 Tue Jan 2023 | 163.80 | 168.60 | 170.00 | 162.60 | 1.884 times |
| 23 Mon Jan 2023 | 168.60 | 170.05 | 170.05 | 166.50 | 0.867 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 155.3, for a target of 160.2 or 164.21
Share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Target | 155.00 |
| Upside Target | 159.95 |
| Upside Target | 168.40 |
| Upside Target | 170.05 |
| Upside Target | 171.75 |
| Upside Target | 177.00 |
| Upside Target | 183.90 |
| Upside Target | 185.00 |
| Upside Target | 192.95 |
Intraday share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Intraday Target | 150.75 |
| Downside Intraday Target | 144.6 |
| Upside Intraday Target | 167.4 |
| Upside Intraday Target | 177.9 |
| Upside Intraday Target | 161.25 |
Weekly technical analysis of Bright Bros (BrightBros)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon Feb 2023 | 156.90 | 171.75 | 171.75 | 155.10 | 0.317 times |
| 03 Fri Feb 2023 | 159.80 | 167.95 | 168.40 | 155.00 | 0.953 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 |
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 |
| 06 Mon Feb 2023 | 156.90 | 157.05 | 171.75 | 155.10 | 0.099 times |
| 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 |
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 | 20, 13, 22 | Buy |
| MACD | -3, -2 | Sell |
| Stochastics | 29 | Sell |
| CCI | -59 | Buy |
| RSI | 45 | Sell |
| OBV | 7039 | Sell |
| VWAP | 162 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Bright Bros ( (BrightBros) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Bright Bros ( (BrightBros) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Bright Bros ( (BrightBros) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is gaining 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 coming down
CCI has generated a buy signal for Bright Bros in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 161.92 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.
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