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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 2024-08-13 View latest technical analysis

10 day averaged volume of Bright is 2900

Date Daily Closing Price Open High Low Volume
13 Tue Aug 2024 454.70 445.00 458.50 442.00 1.034 times
12 Mon Aug 2024 448.30 426.80 450.00 426.80 5 times
08 Thu Aug 2024 440.00 436.00 440.00 436.00 0.259 times
07 Wed Aug 2024 450.00 418.30 450.00 418.25 0.862 times
06 Tue Aug 2024 426.00 440.90 450.00 426.00 0.603 times
05 Mon Aug 2024 420.50 413.30 421.00 413.30 0.345 times
02 Fri Aug 2024 433.35 453.20 453.20 431.50 0.345 times
01 Thu Aug 2024 440.00 440.00 449.00 430.00 1.034 times
31 Wed Jul 2024 441.50 435.50 442.00 435.50 0.345 times
30 Tue Jul 2024 445.55 455.00 464.00 445.55 0.862 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 453.2, but if it comes below 453.2, then a intra day sell could be more profitable.
If you take a sell trade below 453.2, then use 453.2 as stoploss and 443.98 as target. However if you take a buy trade in stock , then use 453.2 as stoploss and 464.2 as target.

Share price targets for Bright (Bright)

Target Type Value
Downside Target 402.55
Downside Target 413.30
Downside Target 425.10
Downside Target 445.00
Upside Target 458.50
Upside Target 464.00
Upside Target 464.60
Upside Target 468.00
Upside Target 502.00
Upside Target 505.00
Upside Target 528.10
Upside Target 549.50

Intraday share price targets for Bright (Bright)

Target Type Value
Downside Intraday Target 434.83
Downside Intraday Target 414.97
Upside Intraday Target 466.53
Upside Intraday Target 478.37
Downside Intraday Target 446.67

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
13 Tue Aug 2024 454.70 426.80 458.50 426.80 2.917 times
08 Thu Aug 2024 440.00 413.30 450.00 413.30 0.706 times
02 Fri Aug 2024 433.35 463.50 464.00 430.00 2.267 times
26 Fri Jul 2024 450.00 450.00 468.00 426.00 0.441 times
19 Fri Jul 2024 450.00 464.60 464.60 430.00 0.33 times

Price has moved up 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
13 Tue Aug 2024 454.70 440.00 458.50 413.30 0.542 times
31 Wed Jul 2024 441.50 425.10 505.00 425.10 0.404 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

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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bright ( (Bright) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bright ( (Bright) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 gaining momentum.

MACD generated a BUY signal for Bright in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are in or above the red cloud Prices appear to be moving up

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 444.97 and Bright (Bright) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bright ( (Bright) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bright ( (Bright) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 gaining momentum.

MACD generated a BUY signal for Bright in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are in or above the red cloud Prices appear to be moving up

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 444.97 and Bright (Bright) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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

Click here for further forecast and predictions for tomorrow

Daily charts

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