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 2024-10-16 View latest technical analysis

10 day averaged volume of Bright is 14050

Date Daily Closing Price Open High Low Volume
16 Wed Oct 2024 496.30 498.90 514.00 490.00 3.345 times
15 Tue Oct 2024 490.25 490.00 514.00 489.90 0.534 times
14 Mon Oct 2024 494.25 499.95 499.95 484.55 0.089 times
11 Fri Oct 2024 500.90 500.90 500.90 500.90 0.018 times
10 Thu Oct 2024 501.00 494.60 501.00 494.60 0.053 times
09 Wed Oct 2024 494.60 516.00 516.00 491.40 0.694 times
08 Tue Oct 2024 483.00 485.40 485.40 483.00 0.071 times
07 Mon Oct 2024 499.00 527.00 527.00 480.00 5.872 times
03 Thu Oct 2024 497.00 508.00 508.00 480.20 0.32 times
01 Tue Oct 2024 512.40 505.10 519.70 502.00 0.231 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, and stock might move up till 510.6 or till 528.4. Use a stoploss of 495.72 and if this stock hits its stoploss, then it can fall down till 480.85

Share price targets for Bright (Bright)

Target Type Value
Downside Target 381.10
Downside Target 402.55
Downside Target 425.10
Downside Target 470.00
Upside Target 497.00
Upside Target 527.00
Upside Target 528.10
Upside Target 529.00
Upside Target 539.90
Upside Target 550.00

Intraday share price targets for Bright (Bright)

Target Type Value
Downside Intraday Target 482.57
Downside Intraday Target 468.83
Upside Intraday Target 512.02
Upside Intraday Target 527.73
Upside Intraday Target 498.28

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
16 Wed Oct 2024 496.30 499.95 514.00 484.55 0.592 times
11 Fri Oct 2024 500.90 527.00 527.00 480.00 2.513 times
03 Thu Oct 2024 497.00 539.90 539.90 480.20 0.249 times
27 Fri Sep 2024 532.55 474.05 550.00 474.05 5.423 times
20 Fri Sep 2024 492.15 475.00 497.00 470.00 1.405 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
16 Wed Oct 2024 496.30 505.10 527.00 480.00 0.611 times
30 Mon Sep 2024 531.70 480.10 550.00 470.00 1.218 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

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 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 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 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 SELL signal for Bright in short term but the sell signal is initial and weak.

Bright Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below 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 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 497.6 and Bright (Bright) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 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 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 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 SELL signal for Bright in short term but the sell signal is initial and weak.

Bright Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below 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 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 497.6 and Bright (Bright) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

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