(BrightBros) Bright Bros complete technical analysis [charts+indicators] | Buy/Sell Bright Bros | (BrightBros) share price targets
Complete technical analysis of Bright Bros (BrightBros) by charts plus indicators, forecast predictions and share price targets for Bright Bros (BrightBros)
Showing technical analysis as on 2024-02-22 View latest technical analysis
10 day averaged volume of Bright Bros is 3980
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 168.05 | 175.50 | 177.00 | 152.65 | 2.748 times |
| 21 Wed Feb 2024 | 173.80 | 175.05 | 175.05 | 172.00 | 0.313 times |
| 20 Tue Feb 2024 | 175.05 | 189.25 | 189.25 | 172.00 | 0.328 times |
| 19 Mon Feb 2024 | 179.05 | 173.30 | 185.00 | 173.30 | 0.488 times |
| 16 Fri Feb 2024 | 178.55 | 181.95 | 182.95 | 172.05 | 0.435 times |
| 15 Thu Feb 2024 | 176.05 | 177.20 | 183.00 | 174.05 | 1.648 times |
| 14 Wed Feb 2024 | 177.20 | 171.05 | 179.95 | 171.05 | 0.294 times |
| 13 Tue Feb 2024 | 177.00 | 180.00 | 180.00 | 171.05 | 0.202 times |
| 12 Mon Feb 2024 | 178.10 | 179.95 | 179.95 | 174.05 | 0.873 times |
| 09 Fri Feb 2024 | 173.75 | 178.00 | 187.40 | 170.00 | 2.374 times |
Stock of Bright Bros (BrightBros) 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 167.8 as stoploss in an intra day buy trade for a target of 177.06. However, stock will show a bearish move below 167.8.
Share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Target | 145.00 |
| Downside Target | 151.05 |
| Downside Target | 156.90 |
| Upside Target | 169.20 |
| Upside Target | 182.90 |
| Upside Target | 182.95 |
| Upside Target | 183.00 |
| Upside Target | 189.25 |
| Upside Target | 193.60 |
| Upside Target | 197.95 |
| Upside Target | 199.80 |
Intraday share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Intraday Target | 150.72 |
| Downside Intraday Target | 133.38 |
| Upside Intraday Target | 187.32 |
| Upside Intraday Target | 206.58 |
| Upside Intraday Target | 169.98 |
Weekly technical analysis of Bright Bros (BrightBros)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 168.05 | 173.30 | 189.25 | 152.65 | 1.123 times |
| 16 Fri Feb 2024 | 178.55 | 179.95 | 183.00 | 171.05 | 0.264 times |
| 09 Fri Feb 2024 | 173.75 | 181.95 | 193.60 | 170.00 | 0.258 times |
| 02 Fri Feb 2024 | 181.95 | 151.15 | 199.80 | 151.05 | 13.475 times |
| 25 Thu Jan 2024 | 155.30 | 154.70 | 158.95 | 147.60 | 0.948 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 Bros (BrightBros)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 168.05 | 191.80 | 199.80 | 152.65 | 0.582 times |
| 31 Wed Jan 2024 | 187.00 | 150.05 | 197.95 | 147.60 | 2.422 times |
| 29 Fri Dec 2023 | 156.80 | 163.05 | 169.20 | 145.00 | 1.395 times |
| 30 Thu Nov 2023 | 163.85 | 168.10 | 182.90 | 160.50 | 0.556 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 Bros (BrightBros)
Price action analysis of Bright Bros ( (BrightBros) ) 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 Bros ( (BrightBros) ) 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 Bros ( (BrightBros) ) 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 Bros ( (BrightBros) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Bright Bros stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Bright Bros in short term but the sell signal is initial and weak.
Bright Bros Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 Bros 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
Stock of Bright Bros is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 173.62 and Bright Bros (BrightBros) 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 Bros (BrightBros) stock. Volume based technical analysis of Bright Bros (BrightBros) stock is negative.
Bright Bros Stock has given negative 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 Bros ( (BrightBros) ) 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 Bros ( (BrightBros) ) 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 Bros ( (BrightBros) ) 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 Bros ( (BrightBros) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Bright Bros stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Bright Bros in short term but the sell signal is initial and weak.
Bright Bros Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 Bros 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
Stock of Bright Bros is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 173.62 and Bright Bros (BrightBros) 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 Bros (BrightBros) stock. Volume based technical analysis of Bright Bros (BrightBros) stock is negative.
Bright Bros Stock has given negative 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.
Click here for Bright Bros charts
Click here for further forecast and predictions for tomorrow