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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 2024-08-20 View latest technical analysis

10 day averaged volume of Bright is 13400

Date Daily Closing Price Open High Low Volume
20 Tue Aug 2024 475.80 465.00 485.00 462.00 1.549 times
19 Mon Aug 2024 467.90 437.70 471.50 437.70 2.146 times
16 Fri Aug 2024 437.80 450.00 460.00 381.10 5.728 times
14 Wed Aug 2024 457.70 450.00 460.90 450.00 0.299 times
13 Tue Aug 2024 454.70 445.00 458.50 442.00 0.224 times
12 Mon Aug 2024 448.30 426.80 450.00 426.80 1.082 times
08 Thu Aug 2024 440.00 436.00 440.00 436.00 0.056 times
07 Wed Aug 2024 450.00 418.30 450.00 418.25 0.187 times
06 Tue Aug 2024 426.00 440.90 450.00 426.00 0.131 times
05 Mon Aug 2024 420.50 413.30 421.00 413.30 0.075 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 473.2, for a target of 458.3 or 445.89

Share price targets for Bright (Bright)

Target Type Value
Downside Target 381.10
Downside Target 402.55
Downside Target 413.30
Downside Target 425.10
Downside Target 464.00
Downside Target 468.00
Upside Target 485.00
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 447.33
Downside Intraday Target 418.87
Upside Intraday Target 494.63
Upside Intraday Target 513.47
Downside Intraday Target 466.17

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
20 Tue Aug 2024 475.80 437.70 485.00 437.70 0.504 times
16 Fri Aug 2024 437.80 426.80 460.90 381.10 16.375 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

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
20 Tue Aug 2024 475.80 440.00 485.00 381.10 3.108 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, and volume has increased substantially. This means that the move can 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 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 to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Bright stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bright in short term and the buy signal is strong.

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

Bright Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

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 450.36 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 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 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 to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Bright stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bright in short term and the buy signal is strong.

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

Bright Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

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 450.36 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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