(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 2024-08-16 View latest technical analysis
10 day averaged volume of Bright is 3250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 437.80 | 450.00 | 460.00 | 381.10 | 23.615 times |
| 14 Wed Aug 2024 | 457.70 | 450.00 | 460.90 | 450.00 | 1.231 times |
| 13 Tue Aug 2024 | 454.70 | 445.00 | 458.50 | 442.00 | 0.923 times |
| 12 Mon Aug 2024 | 448.30 | 426.80 | 450.00 | 426.80 | 4.462 times |
| 08 Thu Aug 2024 | 440.00 | 436.00 | 440.00 | 436.00 | 0.231 times |
| 07 Wed Aug 2024 | 450.00 | 418.30 | 450.00 | 418.25 | 0.769 times |
| 06 Tue Aug 2024 | 426.00 | 440.90 | 450.00 | 426.00 | 0.538 times |
| 05 Mon Aug 2024 | 420.50 | 413.30 | 421.00 | 413.30 | 0.308 times |
| 02 Fri Aug 2024 | 433.35 | 453.20 | 453.20 | 431.50 | 0.308 times |
| 01 Thu Aug 2024 | 440.00 | 440.00 | 449.00 | 430.00 | 0.923 times |
Stock of Bright (Bright) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 434.2 as stoploss in an intra day buy trade for a target of 443.2. However, stock will show a bearish move below 434.2.
Share price targets for Bright (Bright)
| Target Type | Value |
| Downside Target | 381.10 |
| Downside Target | 402.55 |
| Downside Target | 413.30 |
| Downside Target | 425.10 |
| Upside Target | 445.00 |
| Upside Target | 464.00 |
| Upside Target | 464.60 |
| Upside Target | 468.00 |
| Upside Target | 502.00 |
| Upside Target | 505.00 |
| Upside Target | 528.10 |
| Upside Target | 549.50 |
Intraday share price targets for Bright (Bright)
| Target Type | Value |
| Downside Intraday Target | 392.3 |
| Downside Intraday Target | 346.8 |
| Upside Intraday Target | 472.1 |
| Upside Intraday Target | 506.4 |
| Downside Intraday Target | 426.6 |
Weekly technical analysis of Bright (Bright)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 437.80 | 426.80 | 460.90 | 381.10 | 16.375 times |
| 08 Thu Aug 2024 | 440.00 | 413.30 | 450.00 | 413.30 | 0.706 times |
| 02 Fri Aug 2024 | 433.35 | 463.50 | 464.00 | 430.00 | 2.267 times |
| 26 Fri Jul 2024 | 450.00 | 450.00 | 468.00 | 426.00 | 0.441 times |
| 19 Fri Jul 2024 | 450.00 | 464.60 | 464.60 | 430.00 | 0.33 times |
Price has moved down 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 |
| 16 Fri Aug 2024 | 437.80 | 440.00 | 460.90 | 381.10 | 2.133 times |
| 31 Wed Jul 2024 | 441.50 | 425.10 | 505.00 | 425.10 | 0.404 times |
| 28 Fri Jun 2024 | 448.00 | 475.00 | 528.10 | 402.55 | 0.592 times |
| 30 Thu May 2024 | 478.00 | 451.50 | 549.50 | 445.00 | 1.22 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Bright (Bright)
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 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 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 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 BUY signal for Bright in short term but the buy signal is initial and weak.
Bright Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 440.38 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 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 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 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 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 BUY signal for Bright in short term but the buy signal is initial and weak.
Bright Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 440.38 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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