(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 2024-06-07 View latest technical analysis
10 day averaged volume of Bright is 7625
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 455.00 | 455.00 | 455.00 | 455.00 | 0.033 times |
| 06 Thu Jun 2024 | 466.55 | 470.00 | 482.00 | 459.00 | 0.82 times |
| 05 Wed Jun 2024 | 473.00 | 473.95 | 478.00 | 451.50 | 2.623 times |
| 04 Tue Jun 2024 | 436.00 | 509.50 | 509.50 | 402.55 | 0.721 times |
| 03 Mon Jun 2024 | 499.50 | 475.00 | 528.10 | 453.00 | 1.607 times |
| 30 Thu May 2024 | 478.00 | 484.00 | 484.00 | 478.00 | 0.557 times |
| 29 Wed May 2024 | 484.10 | 480.00 | 490.00 | 476.00 | 1.279 times |
| 28 Tue May 2024 | 481.00 | 483.00 | 494.00 | 480.00 | 0.164 times |
| 27 Mon May 2024 | 498.00 | 487.00 | 505.00 | 487.00 | 0.426 times |
| 24 Fri May 2024 | 488.00 | 471.25 | 490.00 | 466.00 | 1.148 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 454.5 as stoploss in an intra day buy trade for a target of 479.08. However, stock will show a bearish move below 454.5.
Share price targets for Bright (Bright)
| Target Type | Value |
| Downside Target | 402.55 |
| Downside Target | 417.50 |
| Downside 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 | 395.67 |
| Downside Intraday Target | 336.33 |
| Upside Intraday Target | 521.22 |
| Upside Intraday Target | 587.43 |
| Upside Intraday Target | 461.88 |
Weekly technical analysis of Bright (Bright)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 455.00 | 475.00 | 528.10 | 402.55 | 2.392 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Bright (Bright)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 455.00 | 475.00 | 528.10 | 402.55 | 0.208 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 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 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 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 SELL. Signal strength is Weak and stock is gaining 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 weakening, and bulls are picking up momentum!
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 negative zone. This is the SELL 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 478.99 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 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 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 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 SELL. Signal strength is Weak and stock is gaining 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 weakening, and bulls are picking up momentum!
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 negative zone. This is the SELL 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 478.99 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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