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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 2024-05-17 View latest technical analysis

10 day averaged volume of Bright is 5850

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 507.10 504.00 510.00 482.00 9.316 times
16 Thu May 2024 493.60 461.45 510.00 460.00 7.35 times
15 Wed May 2024 448.00 450.00 450.00 448.00 0.085 times
14 Tue May 2024 445.00 445.00 445.00 445.00 0.214 times
13 Mon May 2024 459.50 450.00 460.00 449.00 0.342 times
10 Fri May 2024 460.00 460.00 460.00 460.00 0.043 times
09 Thu May 2024 455.00 460.00 460.00 455.00 0.427 times
08 Wed May 2024 465.00 465.00 465.00 465.00 0.043 times
07 Tue May 2024 465.00 460.00 472.00 460.00 0.47 times
06 Mon May 2024 460.00 461.00 461.00 450.05 0.556 times

Stock of Bright (Bright) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 505.8, for a target of 487 or 471.41

Share price targets for Bright (Bright)

Target Type Value
Downside Target 417.50
Downside Target 445.00
Downside Target 470.00
Downside Target 500.00
Downside Target 502.00
Upside Target 510.00
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 464.73
Downside Intraday Target 422.37
Upside Intraday Target 529.73
Upside Intraday Target 552.37
Downside Intraday Target 487.37

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 507.10 450.00 510.00 445.00 11.25 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 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
17 Fri May 2024 507.10 451.50 510.00 445.00 0.663 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bright ( (Bright) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bright ( (Bright) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bright ( (Bright) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Bright stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Bright in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining 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 496.18 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bright ( (Bright) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bright ( (Bright) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bright ( (Bright) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Bright stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Bright in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining 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 496.18 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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