(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 2024-05-14 View latest technical analysis
10 day averaged volume of Bright is 2125
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 445.00 | 445.00 | 445.00 | 445.00 | 0.588 times |
| 13 Mon May 2024 | 459.50 | 450.00 | 460.00 | 449.00 | 0.941 times |
| 10 Fri May 2024 | 460.00 | 460.00 | 460.00 | 460.00 | 0.118 times |
| 09 Thu May 2024 | 455.00 | 460.00 | 460.00 | 455.00 | 1.176 times |
| 08 Wed May 2024 | 465.00 | 465.00 | 465.00 | 465.00 | 0.118 times |
| 07 Tue May 2024 | 465.00 | 460.00 | 472.00 | 460.00 | 1.294 times |
| 06 Mon May 2024 | 460.00 | 461.00 | 461.00 | 450.05 | 1.529 times |
| 03 Fri May 2024 | 462.00 | 470.00 | 470.00 | 462.00 | 1.294 times |
| 02 Thu May 2024 | 465.00 | 451.50 | 465.50 | 451.50 | 1.176 times |
| 30 Tue Apr 2024 | 469.90 | 470.00 | 470.50 | 467.00 | 0.588 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 441.9, for a target of 458.3 or 471.93
Share price targets for Bright (Bright)
| Target Type | Value |
| Downside Target | 417.50 |
| Downside Target | 445.00 |
| Upside Target | 470.00 |
| Upside Target | 472.00 |
| Upside Target | 481.00 |
| Upside Target | 500.00 |
| Upside Target | 502.00 |
| Upside Target | 515.00 |
| Upside Target | 530.00 |
| Upside Target | 572.00 |
Intraday share price targets for Bright (Bright)
| Target Type | Value |
| Downside Intraday Target | 440 |
| Downside Intraday Target | 435 |
| Upside Intraday Target | 455 |
| Upside Intraday Target | 465 |
| Upside Intraday Target | 450 |
Weekly technical analysis of Bright (Bright)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 445.00 | 450.00 | 460.00 | 445.00 | 0.361 times |
| 10 Fri May 2024 | 460.00 | 461.00 | 472.00 | 450.05 | 0.878 times |
| 03 Fri May 2024 | 462.00 | 477.00 | 481.00 | 451.50 | 0.488 times |
| 26 Fri Apr 2024 | 482.00 | 480.00 | 502.00 | 460.00 | 0.667 times |
| 19 Fri Apr 2024 | 481.00 | 460.00 | 500.00 | 455.00 | 3.5 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 |
| 14 Tue May 2024 | 445.00 | 451.50 | 472.00 | 445.00 | 0.1 times |
| 30 Tue Apr 2024 | 469.90 | 479.00 | 502.00 | 455.00 | 0.725 times |
| 28 Thu Mar 2024 | 465.00 | 490.00 | 515.00 | 417.50 | 0.412 times |
| 29 Thu Feb 2024 | 490.55 | 486.10 | 572.00 | 449.00 | 1.098 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 gaining momentum.
MACD generated a SELL signal for Bright in short term and the sell signal is strong.
Bright Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 SELL signal for Bright in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 460.7 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 gaining momentum.
MACD generated a SELL signal for Bright in short term and the sell signal is strong.
Bright Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 SELL signal for Bright in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 460.7 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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