(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 2024-02-02 View latest technical analysis
10 day averaged volume of Bright is 16575
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 490.00 | 487.05 | 500.90 | 487.05 | 1.011 times |
| 01 Thu Feb 2024 | 490.00 | 486.10 | 499.70 | 480.00 | 0.528 times |
| 31 Wed Jan 2024 | 494.00 | 497.70 | 497.70 | 490.00 | 0.528 times |
| 30 Tue Jan 2024 | 492.50 | 490.00 | 499.00 | 485.00 | 0.98 times |
| 29 Mon Jan 2024 | 491.50 | 500.00 | 501.00 | 485.00 | 1.403 times |
| 25 Thu Jan 2024 | 496.45 | 496.50 | 497.00 | 486.00 | 0.558 times |
| 24 Wed Jan 2024 | 495.85 | 494.00 | 498.00 | 470.00 | 0.664 times |
| 23 Tue Jan 2024 | 489.50 | 503.50 | 503.50 | 489.50 | 0.332 times |
| 22 Mon Jan 2024 | 496.85 | 507.95 | 507.95 | 492.00 | 0.89 times |
| 19 Fri Jan 2024 | 500.45 | 510.00 | 510.00 | 490.00 | 2.7 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 492.8, but if it comes above 492.8, then a intra day buy could be more profitable.
If you take a sell trade below 492.8, then use 492.8 as stoploss and 487.8 as target. However if you take a buy trade in stock , then use 492.8 as stoploss and 497.07 as target.
Share price targets for Bright (Bright)
| Target Type | Value |
| Downside Target | 382.00 |
| Downside Target | 410.00 |
| Downside Target | 432.00 |
| Downside Target | 459.40 |
| Downside Target | 470.00 |
| Upside Target | 500.90 |
| Upside Target | 501.00 |
| Upside Target | 507.95 |
| Upside Target | 528.00 |
| Upside Target | 530.00 |
| Upside Target | 551.00 |
Intraday share price targets for Bright (Bright)
| Target Type | Value |
| Downside Intraday Target | 479.67 |
| Downside Intraday Target | 469.33 |
| Upside Intraday Target | 500.67 |
| Upside Intraday Target | 511.33 |
| Upside Intraday Target | 490.33 |
Weekly technical analysis of Bright (Bright)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 490.00 | 500.00 | 501.00 | 480.00 | 1.821 times |
| 25 Thu Jan 2024 | 496.45 | 507.95 | 507.95 | 470.00 | 0.245 times |
| 19 Fri Jan 2024 | 500.45 | 509.70 | 530.00 | 490.00 | 0.708 times |
| 12 Fri Jan 2024 | 500.90 | 515.00 | 528.00 | 485.00 | 5.405 times |
| 05 Fri Jan 2024 | 502.00 | 491.00 | 530.00 | 474.95 | 0.906 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 Bright (Bright)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 490.00 | 486.10 | 500.90 | 480.00 | 0.048 times |
| 31 Wed Jan 2024 | 494.00 | 491.00 | 530.00 | 470.00 | 2.261 times |
| 29 Fri Dec 2023 | 495.00 | 439.25 | 551.00 | 432.00 | 2.448 times |
| 30 Thu Nov 2023 | 429.80 | 417.00 | 459.40 | 410.00 | 0.733 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bright in short term but the sell signal is initial and weak.
Bright Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal.
Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing 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 495.03 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bright in short term but the sell signal is initial and weak.
Bright Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal.
Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing 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 495.03 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.
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