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 2024-11-04 View latest technical analysis

10 day averaged volume of Bright is 1175

Date Daily Closing Price Open High Low Volume
04 Mon Nov 2024 470.10 488.85 488.85 470.10 1.702 times
01 Fri Nov 2024 471.00 480.00 480.00 470.00 1.915 times
31 Thu Oct 2024 479.95 475.00 479.95 475.00 1.915 times
29 Tue Oct 2024 475.00 475.00 475.00 475.00 0.213 times
28 Mon Oct 2024 467.00 467.00 467.00 467.00 0.213 times
25 Fri Oct 2024 467.00 473.50 473.50 467.00 0.638 times
24 Thu Oct 2024 480.30 483.20 485.00 480.30 1.064 times
23 Wed Oct 2024 500.00 495.00 500.00 490.95 1.702 times
22 Tue Oct 2024 482.50 490.00 490.00 482.50 0.638 times
21 Mon Oct 2024 496.00 487.00 497.00 487.00 0.638 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 475.3, but if it comes above 475.3, then a intra day buy could be more profitable.
If you take a sell trade below 475.3, then use 475.3 as stoploss and 460.6 as target. However if you take a buy trade in stock , then use 475.3 as stoploss and 487.51 as target.

Share price targets for Bright (Bright)

Target Type Value
Downside Target 381.10
Downside Target 425.10
Downside Target 467.00
Upside Target 480.00
Upside Target 488.85
Upside Target 500.00
Upside Target 505.00
Upside Target 514.00
Upside Target 527.00
Upside Target 529.00
Upside Target 550.00

Intraday share price targets for Bright (Bright)

Target Type Value
Downside Intraday Target 463.85
Downside Intraday Target 457.6
Upside Intraday Target 482.6
Upside Intraday Target 495.1
Upside Intraday Target 476.35

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
04 Mon Nov 2024 470.10 488.85 488.85 470.10 0.4 times
01 Fri Nov 2024 471.00 467.00 480.00 467.00 0.909 times
25 Fri Oct 2024 467.00 487.00 500.00 467.00 0.076 times
18 Fri Oct 2024 500.00 499.95 514.00 484.55 0.764 times
11 Fri Oct 2024 500.90 527.00 527.00 480.00 2.513 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
04 Mon Nov 2024 470.10 480.00 488.85 470.00 0.023 times
31 Thu Oct 2024 479.95 505.10 527.00 467.00 0.706 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

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 neutral. A longer time frame might give a better analysis.

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 to mid 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.

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 SELL signal for Bright in short term and the sell signal is strong.

Bright Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Bright in short term but BUY signal is weak.

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 479.99 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 negative.

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 neutral. A longer time frame might give a better analysis.

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 to mid 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.

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 SELL signal for Bright in short term and the sell signal is strong.

Bright Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Bright in short term but BUY signal is weak.

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 479.99 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 negative.

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