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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 2024-06-04 View latest technical analysis

10 day averaged volume of Bright is 10925

Date Daily Closing Price Open High Low Volume
04 Tue Jun 2024 436.00 509.50 509.50 402.55 0.503 times
03 Mon Jun 2024 499.50 475.00 528.10 453.00 1.121 times
30 Thu May 2024 478.00 484.00 484.00 478.00 0.389 times
29 Wed May 2024 484.10 480.00 490.00 476.00 0.892 times
28 Tue May 2024 481.00 483.00 494.00 480.00 0.114 times
27 Mon May 2024 498.00 487.00 505.00 487.00 0.297 times
24 Fri May 2024 488.00 471.25 490.00 466.00 0.801 times
23 Thu May 2024 471.25 490.10 494.00 454.00 0.458 times
22 Wed May 2024 496.95 547.00 547.00 493.00 2.151 times
21 Tue May 2024 541.00 518.00 549.50 510.00 3.753 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 453.9, but if it comes above 453.9, then a intra day buy could be more profitable.
If you take a sell trade below 453.9, then use 453.9 as stoploss and 424.2 as target. However if you take a buy trade in stock , then use 453.9 as stoploss and 478.61 as target.

Share price targets for Bright (Bright)

Target Type Value
Downside Target 402.55
Downside Target 417.50
Upside Target 445.00
Upside Target 472.00
Upside Target 502.00
Upside Target 510.00
Upside Target 515.00
Upside Target 528.10
Upside Target 549.50
Upside Target 572.00

Intraday share price targets for Bright (Bright)

Target Type Value
Downside Intraday Target 383
Downside Intraday Target 330
Upside Intraday Target 508.55
Upside Intraday Target 581.1
Upside Intraday Target 455.55

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
04 Tue Jun 2024 436.00 475.00 528.10 402.55 0.959 times
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

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
04 Tue Jun 2024 436.00 475.00 528.10 402.55 0.084 times
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

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 (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 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 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 ( (Bright) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a SELL signal for Bright in short term and the sell 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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 506.32 and Bright (Bright) 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 (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 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 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 ( (Bright) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a SELL signal for Bright in short term and the sell 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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 506.32 and Bright (Bright) 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 (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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