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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 2024-07-18 View latest technical analysis

10 day averaged volume of Bright is 3700

Date Daily Closing Price Open High Low Volume
18 Thu Jul 2024 440.00 451.00 452.00 440.00 0.338 times
16 Tue Jul 2024 451.00 462.70 462.70 451.00 1.216 times
15 Mon Jul 2024 460.00 464.60 464.60 460.00 0.203 times
12 Fri Jul 2024 470.00 475.00 475.00 470.00 0.405 times
11 Thu Jul 2024 475.00 488.00 497.35 475.00 0.405 times
10 Wed Jul 2024 472.50 477.80 478.00 470.00 0.743 times
09 Tue Jul 2024 477.80 479.00 493.40 460.00 5 times
08 Mon Jul 2024 450.10 450.00 450.10 450.00 0.405 times
05 Fri Jul 2024 450.00 449.70 468.00 449.70 0.27 times
04 Thu Jul 2024 451.80 455.50 455.50 449.70 0.405 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 445.3, but if it comes above 445.3, then a intra day buy could be more profitable.
If you take a sell trade below 445.3, then use 445.3 as stoploss and 429.9 as target. However if you take a buy trade in stock , then use 445.3 as stoploss and 458.05 as target.

Share price targets for Bright (Bright)

Target Type Value
Downside Target 402.55
Downside Target 417.50
Downside Target 440.00
Upside Target 464.60
Upside Target 475.00
Upside Target 490.00
Upside Target 497.35
Upside Target 502.00
Upside Target 505.00
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 431.8
Downside Intraday Target 423.6
Upside Intraday Target 456.4
Upside Intraday Target 472.8
Upside Intraday Target 448.2

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
18 Thu Jul 2024 440.00 464.60 464.60 440.00 0.252 times
12 Fri Jul 2024 470.00 450.00 497.35 450.00 3.121 times
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

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
18 Thu Jul 2024 440.00 425.10 505.00 425.10 0.322 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 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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 losing momentum.

MACD generated a SELL signal for Bright in short term and the sell signal is strong.

Bright Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but buying is losing 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 468.59 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 positive

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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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 losing momentum.

MACD generated a SELL signal for Bright in short term and the sell signal is strong.

Bright Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but buying is losing 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 468.59 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 positive

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

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Daily charts

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