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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 2024-05-15 View latest technical analysis

10 day averaged volume of Bright is 1875

Date Daily Closing Price Open High Low Volume
15 Wed May 2024 448.00 450.00 450.00 448.00 0.267 times
14 Tue May 2024 445.00 445.00 445.00 445.00 0.667 times
13 Mon May 2024 459.50 450.00 460.00 449.00 1.067 times
10 Fri May 2024 460.00 460.00 460.00 460.00 0.133 times
09 Thu May 2024 455.00 460.00 460.00 455.00 1.333 times
08 Wed May 2024 465.00 465.00 465.00 465.00 0.133 times
07 Tue May 2024 465.00 460.00 472.00 460.00 1.467 times
06 Mon May 2024 460.00 461.00 461.00 450.05 1.733 times
03 Fri May 2024 462.00 470.00 470.00 462.00 1.467 times
02 Thu May 2024 465.00 451.50 465.50 451.50 1.333 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 456.3, but if it comes above 456.3, then a intra day buy could be more profitable.
If you take a sell trade below 456.3, then use 456.3 as stoploss and 438.8 as target. However if you take a buy trade in stock , then use 456.3 as stoploss and 470.88 as target.

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 442
Downside Intraday Target 436
Upside Intraday Target 457
Upside Intraday Target 466
Upside Intraday Target 451

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
15 Wed May 2024 448.00 450.00 460.00 445.00 0.417 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
15 Wed May 2024 448.00 451.50 472.00 445.00 0.103 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 losing 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 moving up

CCI has generated a buy signal for Bright in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bright is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 459.71 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 losing 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 moving up

CCI has generated a buy signal for Bright in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bright is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 459.71 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.

Click here for Bright charts

Click here for further forecast and predictions for tomorrow

Daily charts

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