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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 2024-06-11 View latest technical analysis

10 day averaged volume of Bright is 6475

Date Daily Closing Price Open High Low Volume
11 Tue Jun 2024 470.25 478.95 478.95 470.00 0.193 times
10 Mon Jun 2024 479.00 514.00 514.00 479.00 0.309 times
07 Fri Jun 2024 455.00 455.00 455.00 455.00 0.039 times
06 Thu Jun 2024 466.55 470.00 482.00 459.00 0.965 times
05 Wed Jun 2024 473.00 473.95 478.00 451.50 3.089 times
04 Tue Jun 2024 436.00 509.50 509.50 402.55 0.849 times
03 Mon Jun 2024 499.50 475.00 528.10 453.00 1.892 times
30 Thu May 2024 478.00 484.00 484.00 478.00 0.656 times
29 Wed May 2024 484.10 480.00 490.00 476.00 1.506 times
28 Tue May 2024 481.00 483.00 494.00 480.00 0.193 times

My analysis of stock is bearish for shortterm, and stock might move down till 456.8 or till 428.2. Use a stoploss of 480.57 and if the stock hits stoploss, then it can shoot up till 504.37

Share price targets for Bright (Bright)

Target Type Value
Downside Target 402.55
Downside Target 417.50
Downside Target 445.00
Downside Target 470.00
Upside Target 502.00
Upside Target 514.00
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 455.5
Downside Intraday Target 440.75
Upside Intraday Target 499.5
Upside Intraday Target 528.75
Upside Intraday Target 484.75

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
11 Tue Jun 2024 470.25 514.00 514.00 470.00 0.073 times
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

Price has moved up 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
11 Tue Jun 2024 470.25 475.00 528.10 402.55 0.224 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Bright stock for short term is BUY. Signal strength is Strong 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. Bulls are getting stronger in this stock.

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 476.58 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Bright stock for short term is BUY. Signal strength is Strong 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. Bulls are getting stronger in this stock.

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 476.58 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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