(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 2024-02-07 View latest technical analysis
10 day averaged volume of Bright is 15950
Date | Daily Closing Price | Open | High | Low | Volume |
07 Wed Feb 2024 | 499.80 | 500.00 | 503.00 | 499.00 | 2.022 times |
06 Tue Feb 2024 | 499.25 | 491.50 | 503.00 | 491.50 | 1.724 times |
05 Mon Feb 2024 | 497.35 | 495.00 | 504.70 | 495.00 | 2.038 times |
02 Fri Feb 2024 | 490.00 | 487.05 | 500.90 | 487.05 | 1.05 times |
01 Thu Feb 2024 | 490.00 | 486.10 | 499.70 | 480.00 | 0.549 times |
31 Wed Jan 2024 | 494.00 | 497.70 | 497.70 | 490.00 | 0.549 times |
30 Tue Jan 2024 | 492.50 | 490.00 | 499.00 | 485.00 | 1.019 times |
29 Mon Jan 2024 | 491.50 | 500.00 | 501.00 | 485.00 | 1.458 times |
25 Thu Jan 2024 | 496.45 | 496.50 | 497.00 | 486.00 | 0.58 times |
24 Wed Jan 2024 | 495.85 | 494.00 | 498.00 | 470.00 | 0.69 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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 500.9 as stoploss in an intra day sell trade for a target of 496.82. However, stock will show a bullish move above 500.9.
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 |
Downside Target | 480.00 |
Upside Target | 504.70 |
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 | 492.63 |
Downside Intraday Target | 485.47 |
Upside Intraday Target | 505.83 |
Upside Intraday Target | 511.87 |
Downside Intraday Target | 498.67 |
Weekly technical analysis of Bright (Bright)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Wed Feb 2024 | 499.80 | 495.00 | 504.70 | 491.50 | 1.251 times |
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 |
Price has moved up 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 |
07 Wed Feb 2024 | 499.80 | 486.10 | 504.70 | 480.00 | 0.222 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 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Bright in short term but the sell signal is initial and weak.
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 red color and prices are in or above the red 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 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 495.6 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 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Bright in short term but the sell signal is initial and weak.
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 red color and prices are in or above the red 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 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 495.6 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 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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