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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 2024-08-28 View latest technical analysis

10 day averaged volume of Bright is 16300

Date Daily Closing Price Open High Low Volume
28 Wed Aug 2024 499.00 499.85 503.00 485.00 1.273 times
27 Tue Aug 2024 487.45 485.10 492.00 465.00 0.23 times
26 Mon Aug 2024 498.30 529.00 529.00 485.00 0.261 times
23 Fri Aug 2024 499.95 485.00 500.00 485.00 0.107 times
22 Thu Aug 2024 497.20 482.45 503.00 482.45 0.706 times
21 Wed Aug 2024 481.85 465.20 482.50 465.15 0.521 times
20 Tue Aug 2024 475.80 465.00 485.00 462.00 1.273 times
19 Mon Aug 2024 467.90 437.70 471.50 437.70 1.764 times
16 Fri Aug 2024 437.80 450.00 460.00 381.10 4.709 times
14 Wed Aug 2024 457.70 450.00 460.90 450.00 0.245 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 485.7, but if it comes below 485.7, then a intra day sell could be more profitable.
If you take a sell trade below 485.7, then use 485.7 as stoploss and 460.14 as target. However if you take a buy trade in stock , then use 485.7 as stoploss and 516.3 as target.

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 465.00
Upside Target 502.00
Upside Target 503.00
Upside Target 505.00
Upside Target 528.10
Upside Target 529.00
Upside Target 549.50

Intraday share price targets for Bright (Bright)

Target Type Value
Downside Intraday Target 466.33
Downside Intraday Target 433.67
Upside Intraday Target 530.33
Upside Intraday Target 561.67
Downside Intraday Target 497.67

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
28 Wed Aug 2024 499.00 529.00 529.00 465.00 0.404 times
23 Fri Aug 2024 499.95 437.70 503.00 437.70 0.725 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

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
28 Wed Aug 2024 499.00 440.00 529.00 381.10 4.103 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 green color and prices are above the green 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 and the buying is gaining 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 463.32 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 green color and prices are above the green 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 and the buying is gaining 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 463.32 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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