(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 2024-02-08 View latest technical analysis
10 day averaged volume of Bright is 18625
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 500.35 | 499.00 | 505.00 | 499.00 | 4.161 times |
| 07 Wed Feb 2024 | 499.80 | 500.00 | 503.00 | 499.00 | 1.732 times |
| 06 Tue Feb 2024 | 499.25 | 491.50 | 503.00 | 491.50 | 1.477 times |
| 05 Mon Feb 2024 | 497.35 | 495.00 | 504.70 | 495.00 | 1.745 times |
| 02 Fri Feb 2024 | 490.00 | 487.05 | 500.90 | 487.05 | 0.899 times |
| 01 Thu Feb 2024 | 490.00 | 486.10 | 499.70 | 480.00 | 0.47 times |
| 31 Wed Jan 2024 | 494.00 | 497.70 | 497.70 | 490.00 | 0.47 times |
| 30 Tue Jan 2024 | 492.50 | 490.00 | 499.00 | 485.00 | 0.872 times |
| 29 Mon Jan 2024 | 491.50 | 500.00 | 501.00 | 485.00 | 1.248 times |
| 25 Thu Jan 2024 | 496.45 | 496.50 | 497.00 | 486.00 | 0.497 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 500.7 as stoploss in an intra day sell trade for a target of 496.74. However, stock will show a bullish move above 500.7.
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 | 505.00 |
| 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 | 492.9 |
| Downside Intraday Target | 485.45 |
| Upside Intraday Target | 506.4 |
| Upside Intraday Target | 512.45 |
| Downside Intraday Target | 498.95 |
Weekly technical analysis of Bright (Bright)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 500.35 | 495.00 | 505.00 | 491.50 | 2.302 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, 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 |
| 08 Thu Feb 2024 | 500.35 | 486.10 | 505.00 | 480.00 | 0.368 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 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 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 BUY signal for 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.
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 497.05 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 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 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 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 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 BUY signal for 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.
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 497.05 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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