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(IBright) I Bright complete technical analysis [charts+indicators] | Buy/Sell I Bright | (IBright) share price targets

Complete technical analysis of I Bright (IBright) by charts plus indicators, forecast predictions and share price targets for I Bright (IBright)

Showing technical analysis as on 2024-05-07 View latest technical analysis

10 day averaged volume of I Bright is 4896

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	164.10	170.70	170.70	164.10	0.713 times
06 Mon May 2024	167.40	167.40	167.40	167.40	0.027 times
03 Fri May 2024	164.15	164.15	164.15	164.15	0.02 times
02 Thu May 2024	160.95	160.95	160.95	160.95	0.073 times
30 Tue Apr 2024	157.80	157.80	157.80	157.80	0.028 times
29 Mon Apr 2024	154.75	154.75	154.75	154.75	0.076 times
26 Fri Apr 2024	151.75	151.75	151.75	151.75	0.031 times
25 Thu Apr 2024	148.80	148.80	148.80	148.80	0.025 times
24 Wed Apr 2024	145.90	145.90	145.90	145.90	7.241 times
23 Tue Apr 2024	143.05	143.00	143.05	143.00	2.456 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 157.6, but if it comes below 157.6, then a intra day sell could be more profitable.
If you take a sell trade below 157.6, then use 157.6 as stoploss and 144.34 as target. However if you take a buy trade in stock , then use 157.6 as stoploss and 173.6 as target.

Share price targets for I Bright (IBright)

Target Type	Value
Downside Target	59.43
Downside Target	89.93
Downside Target	96.85
Downside Target	107.25
Downside Target	127.30
Downside Target	132.35
Downside Target	135.89
Downside Target	139.00
Downside Target	151.75
Downside Target	160.95
Downside Target	164.10
Upside Target	164.15
Upside Target	170.70

Intraday share price targets for I Bright (IBright)

Target Type	Value
Downside Intraday Target	161.9
Downside Intraday Target	159.7
Upside Intraday Target	168.5
Upside Intraday Target	172.9
Upside Intraday Target	166.3

Weekly technical analysis of I Bright (IBright)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	164.10	167.40	170.70	164.10	3.747 times
03 Fri May 2024	164.15	154.75	164.15	154.75	0.02 times
26 Fri Apr 2024	151.75	140.25	151.75	140.25	14.347 times
19 Fri Apr 2024	137.50	134.95	139.00	129.75	0.313 times
12 Fri Apr 2024	132.35	129.85	132.35	127.30	0.12 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of I Bright (IBright)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Tue May 2024	164.10	160.95	170.70	160.95	0.027 times
30 Tue Apr 2024	157.80	101.90	157.80	96.85	1.429 times
28 Thu Mar 2024	107.25	138.60	152.85	107.25	2.107 times
29 Thu Feb 2024	135.89	91.72	135.89	91.72	1.182 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 I Bright (IBright)

Price action analysis of I Bright ( (IBright) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of I Bright ( (IBright) ) 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 I Bright ( (IBright) ) 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 I Bright stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for I 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.

I 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 coming down

CCI has generated a SELL signal for I Bright in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 I 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 146.77 and I Bright (IBright) 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 I Bright (IBright) stock. Volume based technical analysis of I Bright (IBright) stock is negative.

I 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.