Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-19 View latest technical analysis

10 day averaged volume of Bright is 4775

Date Daily Closing Price Open High Low Volume
19 Wed Jun 2024 450.00 460.20 469.50 450.00 0.838 times
18 Tue Jun 2024 460.25 453.10 475.00 453.10 0.419 times
14 Fri Jun 2024 450.00 441.30 455.00 441.30 0.262 times
13 Thu Jun 2024 450.00 441.30 455.00 441.30 0.262 times
12 Wed Jun 2024 449.05 465.00 465.00 448.10 1.675 times
11 Tue Jun 2024 470.25 478.95 478.95 470.00 0.262 times
10 Mon Jun 2024 479.00 514.00 514.00 479.00 0.419 times
07 Fri Jun 2024 455.00 455.00 455.00 455.00 0.052 times
06 Thu Jun 2024 466.55 470.00 482.00 459.00 1.309 times
05 Wed Jun 2024 473.00 473.95 478.00 451.50 4.188 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 450.3, but if it comes above 450.3, then a intra day buy could be more profitable.
If you take a sell trade below 450.3, then use 450.3 as stoploss and 422.1 as target. However if you take a buy trade in stock , then use 450.3 as stoploss and 473.85 as target.

Share price targets for Bright (Bright)

Target Type Value
Downside Target 402.55
Downside Target 417.50
Downside Target 441.30
Upside Target 475.00
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 441.67
Downside Intraday Target 433.33
Upside Intraday Target 466.67
Upside Intraday Target 483.33
Upside Intraday Target 458.33

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
19 Wed Jun 2024 450.00 453.10 475.00 450.00 0.436 times
14 Fri Jun 2024 450.00 514.00 514.00 441.30 0.311 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

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
19 Wed Jun 2024 450.00 475.00 528.10 402.55 0.301 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 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 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 464.29 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 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 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 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 464.29 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Bright charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme