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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 2024-07-05 View latest technical analysis

10 day averaged volume of Bright is 6600

Date Daily Closing Price Open High Low Volume
05 Fri Jul 2024 450.00 449.70 468.00 449.70 0.152 times
04 Thu Jul 2024 451.80 455.50 455.50 449.70 0.227 times
03 Wed Jul 2024 455.50 505.00 505.00 433.20 0.53 times
02 Tue Jul 2024 451.50 467.00 467.00 451.00 0.152 times
01 Mon Jul 2024 443.75 425.10 459.90 425.10 0.189 times
28 Fri Jun 2024 448.00 447.00 448.00 447.00 0.076 times
27 Thu Jun 2024 468.95 481.00 481.00 450.00 0.379 times
26 Wed Jun 2024 485.85 437.50 490.00 430.00 7.576 times
25 Tue Jun 2024 437.50 454.50 454.50 437.50 0.265 times
24 Mon Jun 2024 455.05 461.00 465.00 455.05 0.303 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 445 as stoploss in an intra day buy trade for a target of 456.41. However, stock will show a bearish move below 445.

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 490.00
Upside Target 502.00
Upside Target 505.00
Upside Target 514.00
Upside Target 515.00
Upside Target 528.10
Upside Target 549.50

Intraday share price targets for Bright (Bright)

Target Type Value
Downside Intraday Target 415.07
Downside Intraday Target 380.13
Upside Intraday Target 494.97
Upside Intraday Target 539.93
Upside Intraday Target 460.03

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
05 Fri Jul 2024 450.00 425.10 505.00 425.10 0.145 times
28 Fri Jun 2024 448.00 461.00 490.00 430.00 5.159 times
21 Fri Jun 2024 455.05 453.10 475.00 450.00 0.8 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

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
05 Fri Jul 2024 450.00 425.10 505.00 425.10 0.066 times
28 Fri Jun 2024 448.00 475.00 528.10 402.55 0.592 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

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 neutral. A longer time frame might give a better analysis.

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 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 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 Strong 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 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 buy signal for Bright in short term and BUY 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 478.35 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 neutral. A longer time frame might give a better analysis.

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 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 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 Strong 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 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 buy signal for Bright in short term and BUY 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 478.35 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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