Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-25 View latest technical analysis

10 day averaged volume of Bright is 6175

Date Daily Closing Price Open High Low Volume
25 Wed Sep 2024 494.85 475.50 497.00 475.10 7.773 times
24 Tue Sep 2024 483.20 492.00 492.00 477.20 0.931 times
23 Mon Sep 2024 492.15 474.05 493.00 474.05 1.417 times
20 Fri Sep 2024 492.15 480.80 497.00 480.80 1.579 times
19 Thu Sep 2024 480.90 482.00 484.50 475.00 1.457 times
18 Wed Sep 2024 482.15 471.00 484.90 471.00 1.134 times
16 Mon Sep 2024 474.95 475.00 475.00 470.00 0.324 times
13 Fri Sep 2024 477.25 470.00 481.90 470.00 0.567 times
12 Thu Sep 2024 475.00 489.90 489.90 472.00 0.688 times
11 Wed Sep 2024 475.00 470.30 475.00 470.30 1.781 times

Stock of Bright (Bright) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 490.7, but if it comes below 490.7, then a intra day sell could be more profitable.
If you take a sell trade below 490.7, then use 490.7 as stoploss and 482.8 as target. However if you take a buy trade in stock , then use 490.7 as stoploss and 500.2 as target.

Share price targets for Bright (Bright)

Target Type Value
Downside Target 381.10
Downside Target 402.55
Downside Target 425.10
Downside Target 445.00
Downside Target 465.00
Downside Target 489.90
Upside Target 500.00
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 480.27
Downside Intraday Target 465.68
Upside Intraday Target 503.22
Upside Intraday Target 511.58
Downside Intraday Target 488.63

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
25 Wed Sep 2024 494.85 474.05 497.00 474.05 2.252 times
20 Fri Sep 2024 492.15 475.00 497.00 470.00 1.405 times
13 Fri Sep 2024 477.25 476.00 489.90 470.00 0.653 times
06 Fri Sep 2024 484.55 480.10 500.00 472.00 0.938 times
30 Fri Aug 2024 481.10 529.00 529.00 465.00 0.453 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
25 Wed Sep 2024 494.85 480.10 500.00 470.00 0.662 times
30 Fri Aug 2024 481.10 440.00 529.00 381.10 4.172 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

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 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 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 Strong 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 stronger in this stock.

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 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 488.1 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 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 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 Strong 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 stronger in this stock.

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 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 488.1 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme