(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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