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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 2024-05-30 View latest technical analysis

10 day averaged volume of Bright is 19025

Date Daily Closing Price Open High Low Volume
30 Thu May 2024 478.00 484.00 484.00 478.00 0.223 times
29 Wed May 2024 484.10 480.00 490.00 476.00 0.512 times
28 Tue May 2024 481.00 483.00 494.00 480.00 0.066 times
27 Mon May 2024 498.00 487.00 505.00 487.00 0.171 times
24 Fri May 2024 488.00 471.25 490.00 466.00 0.46 times
23 Thu May 2024 471.25 490.10 494.00 454.00 0.263 times
22 Wed May 2024 496.95 547.00 547.00 493.00 1.235 times
21 Tue May 2024 541.00 518.00 549.50 510.00 2.155 times
18 Sat May 2024 500.10 500.10 500.10 500.10 0.013 times
17 Fri May 2024 507.10 504.00 510.00 482.00 2.865 times

My analysis of stock is bullish for shortterm, and stock might move up till 501 or till 528.6. Use a stoploss of 477.93 and if this stock hits its stoploss, then it can fall down till 454.91

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 467.67
Downside Intraday Target 457.33
Upside Intraday Target 496.67
Upside Intraday Target 515.33
Upside Intraday Target 486.33

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
30 Thu May 2024 478.00 487.00 505.00 476.00 0.236 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
30 Thu May 2024 478.00 451.50 549.50 445.00 1.22 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 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 ( (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 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 ( (Bright) ) based on a mid to longer 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.

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

MACD generated a SELL signal for Bright in short term but the sell signal is initial and weak.

Bright 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 SELL signal for Bright in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 509.69 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 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.

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

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

MACD generated a SELL signal for Bright in short term but the sell signal is initial and weak.

Bright 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 SELL signal for Bright in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 509.69 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 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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Daily charts

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