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(Bright) Bright complete technical analysis [charts+indicators] | Buy/Sell Bright | (Bright) share price targets

Complete technical analysis of Bright (Bright) by charts plus indicators, forecast predictions and share price targets for Bright (Bright)

Showing technical analysis as on 2024-05-28 View latest technical analysis

10 day averaged volume of Bright is 18100

Date Daily Closing Price Open High Low Volume
28 Tue May 2024 481.00 483.00 494.00 480.00 0.069 times
27 Mon May 2024 498.00 487.00 505.00 487.00 0.18 times
24 Fri May 2024 488.00 471.25 490.00 466.00 0.483 times
23 Thu May 2024 471.25 490.10 494.00 454.00 0.276 times
22 Wed May 2024 496.95 547.00 547.00 493.00 1.298 times
21 Tue May 2024 541.00 518.00 549.50 510.00 2.265 times
18 Sat May 2024 500.10 500.10 500.10 500.10 0.014 times
17 Fri May 2024 507.10 504.00 510.00 482.00 3.011 times
16 Thu May 2024 493.60 461.45 510.00 460.00 2.376 times
15 Wed May 2024 448.00 450.00 450.00 448.00 0.028 times

My analysis of stock is bullish for shortterm, and stock might move up till 499.8 or till 527.6. Use a stoploss of 476.57 and if this stock hits its stoploss, then it can fall down till 453.38

Share price targets for Bright (Bright)

Target Type Value
Downside Target 417.50
Downside Target 445.00
Downside Target 470.00
Upside Target 502.00
Upside Target 505.00
Upside Target 510.00
Upside Target 515.00
Upside Target 530.00
Upside Target 549.50
Upside Target 572.00

Intraday share price targets for Bright (Bright)

Target Type Value
Downside Intraday Target 472.33
Downside Intraday Target 463.67
Upside Intraday Target 497.33
Upside Intraday Target 513.67
Upside Intraday Target 488.67

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
28 Tue May 2024 481.00 487.00 505.00 480.00 0.058 times
24 Fri May 2024 488.00 518.00 549.50 454.00 0.771 times
18 Sat May 2024 500.10 450.00 510.00 445.00 11.278 times
10 Fri May 2024 460.00 461.00 472.00 450.05 0.878 times
03 Fri May 2024 462.00 477.00 481.00 451.50 0.488 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 (Bright)

Date Monthly Closing Price Open High Low Volume
28 Tue May 2024 481.00 451.50 549.50 445.00 1.139 times
30 Tue Apr 2024 469.90 479.00 502.00 455.00 0.725 times
28 Thu Mar 2024 465.00 490.00 515.00 417.50 0.412 times
29 Thu Feb 2024 490.55 486.10 572.00 449.00 1.098 times

Scroll below to view daily charts

Price has moved up 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 (Bright)

Price action analysis of Bright ( (Bright) ) 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 ( (Bright) ) 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 ( (Bright) ) based on a short to mid 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 ( (Bright) ) based on a mid to longer 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.

ADX buy sell signal for Bright stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bright in short term and the buy signal is strong.

Bright 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 weakening, and bulls are picking up momentum!

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 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Bright is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 507.82 and Bright (Bright) 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 (Bright) stock. Volume based technical analysis of Bright (Bright) stock is negative.

Bright Stock is giving positive 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.

Price action analysis of Bright ( (Bright) ) 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 ( (Bright) ) 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 ( (Bright) ) based on a short to mid 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 ( (Bright) ) based on a mid to longer 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.

ADX buy sell signal for Bright stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bright in short term and the buy signal is strong.

Bright 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 weakening, and bulls are picking up momentum!

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 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Bright is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 507.82 and Bright (Bright) 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 (Bright) stock. Volume based technical analysis of Bright (Bright) stock is negative.

Bright Stock is giving positive 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.

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Daily charts

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