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(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 2024-02-29 View latest technical analysis

10 day averaged volume of Bright is 26675

Date Daily Closing Price Open High Low Volume
29 Thu Feb 2024 490.55 489.95 490.55 489.50 0.122 times
28 Wed Feb 2024 490.90 506.00 506.00 487.00 0.628 times
27 Tue Feb 2024 504.40 510.00 510.00 486.10 0.375 times
26 Mon Feb 2024 495.00 508.00 510.00 495.00 0.225 times
23 Fri Feb 2024 504.05 505.25 509.50 504.00 0.206 times
22 Thu Feb 2024 503.00 511.00 513.50 503.00 0.3 times
21 Wed Feb 2024 509.70 509.50 516.45 505.00 1.378 times
20 Tue Feb 2024 505.05 509.00 512.00 500.10 3.721 times
19 Mon Feb 2024 504.80 449.00 515.00 449.00 1.097 times
16 Fri Feb 2024 521.25 522.55 535.00 520.00 0.497 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 493.6, but if it comes above 493.6, then a intra day buy could be more profitable.
If you take a sell trade below 493.6, then use 493.6 as stoploss and 479.3 as target. However if you take a buy trade in stock , then use 493.6 as stoploss and 505.45 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 449.00
Downside Target 459.40
Downside Target 470.00
Downside Target 480.00
Upside Target 516.45
Upside Target 530.00
Upside Target 532.90
Upside Target 551.00
Upside Target 572.00

Intraday share price targets for Bright (Bright)

Target Type Value
Downside Intraday Target 481.1
Downside Intraday Target 471.65
Upside Intraday Target 505
Upside Intraday Target 519.45
Upside Intraday Target 495.55

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
29 Thu Feb 2024 490.55 508.00 510.00 486.10 0.201 times
23 Fri Feb 2024 504.05 449.00 516.45 449.00 1.22 times
16 Fri Feb 2024 521.25 542.95 572.00 501.00 0.745 times
09 Fri Feb 2024 515.00 495.00 532.90 491.50 2.668 times
02 Fri Feb 2024 490.00 500.00 501.00 480.00 1.821 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
29 Thu Feb 2024 490.55 486.10 572.00 449.00 1.098 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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Bright ( (Bright) ) based on a mid to longer 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.

ADX buy sell signal for Bright stock for short term is SELL. Signal strength is Strong 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. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Bright in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 505.07 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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Bright ( (Bright) ) based on a mid to longer 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.

ADX buy sell signal for Bright stock for short term is SELL. Signal strength is Strong 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. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Bright in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 505.07 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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Daily charts

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