(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 2023-02-07 View latest technical analysis
10 day averaged volume of Bright Bros is 1437
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue Feb 2023 | 158.05 | 167.00 | 167.00 | 156.00 | 0.696 times |
| 06 Mon Feb 2023 | 156.90 | 171.75 | 171.75 | 155.10 | 1.34 times |
| 03 Fri Feb 2023 | 159.80 | 158.45 | 163.00 | 158.45 | 1.134 times |
| 02 Thu Feb 2023 | 163.25 | 164.85 | 165.45 | 161.35 | 0.14 times |
| 01 Wed Feb 2023 | 163.10 | 157.05 | 168.40 | 157.00 | 1.078 times |
| 31 Tue Jan 2023 | 162.00 | 166.85 | 166.85 | 157.10 | 0.864 times |
| 30 Mon Jan 2023 | 156.35 | 167.95 | 167.95 | 155.00 | 1.01 times |
| 27 Fri Jan 2023 | 163.90 | 166.50 | 166.50 | 155.40 | 0.295 times |
| 25 Wed Jan 2023 | 164.10 | 169.00 | 169.00 | 162.10 | 1.148 times |
| 24 Tue Jan 2023 | 163.80 | 168.60 | 170.00 | 162.60 | 2.048 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 159.8, but if it comes above 159.8, then a intra day buy could be more profitable.
If you take a sell trade below 159.8, then use 159.8 as stoploss and 154.7 as target. However if you take a buy trade in stock , then use 159.8 as stoploss and 164.01 as target.
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 | 151.52 |
| Downside Intraday Target | 144.98 |
| Upside Intraday Target | 168.17 |
| Upside Intraday Target | 178.28 |
| Upside Intraday Target | 161.63 |
Weekly technical analysis of Bright Bros (BrightBros)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue Feb 2023 | 158.05 | 171.75 | 171.75 | 155.10 | 0.482 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 |
| 07 Tue Feb 2023 | 158.05 | 157.05 | 171.75 | 155.10 | 0.117 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 | 18, 12, 21 | Buy |
| MACD | -3, -2 | Sell |
| Stochastics | 19 | Sell |
| CCI | -81 | Sell |
| RSI | 44 | Sell |
| OBV | 8518 | Sell |
| VWAP | 161 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 SELL signal for Bright Bros in short term and SELL signal is strong!
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
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 161 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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