(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 2024-05-31 View latest technical analysis
10 day averaged volume of Bright Bros is 3021
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 149.65 | 151.50 | 154.95 | 149.00 | 0.665 times |
| 30 Thu May 2024 | 149.60 | 154.35 | 154.35 | 148.20 | 0.48 times |
| 29 Wed May 2024 | 151.30 | 151.55 | 155.85 | 146.05 | 1.644 times |
| 28 Tue May 2024 | 151.55 | 156.95 | 156.95 | 150.00 | 0.61 times |
| 27 Mon May 2024 | 151.55 | 151.15 | 157.95 | 151.00 | 1.88 times |
| 24 Fri May 2024 | 154.20 | 153.75 | 156.40 | 153.75 | 0.676 times |
| 23 Thu May 2024 | 158.30 | 153.50 | 160.00 | 153.00 | 1.575 times |
| 22 Wed May 2024 | 153.55 | 154.00 | 155.80 | 153.00 | 1.74 times |
| 21 Tue May 2024 | 154.25 | 158.20 | 160.00 | 152.70 | 0.954 times |
| 18 Sat May 2024 | 158.00 | 159.95 | 159.95 | 152.30 | 0.139 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 150.6, but if it comes above 150.6, then a intra day buy could be more profitable.
If you take a sell trade below 150.6, then use 150.6 as stoploss and 147 as target. However if you take a buy trade in stock , then use 150.6 as stoploss and 153.68 as target.
Share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Target | 135.10 |
| Downside Target | 141.05 |
| Downside Target | 146.05 |
| Upside Target | 157.95 |
| Upside Target | 161.00 |
| Upside Target | 162.00 |
| Upside Target | 165.00 |
| Upside Target | 168.00 |
| Upside Target | 173.05 |
| Upside Target | 197.95 |
| Upside Target | 199.80 |
Intraday share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Intraday Target | 144.48 |
| Downside Intraday Target | 139.32 |
| Upside Intraday Target | 156.38 |
| Upside Intraday Target | 163.12 |
| Upside Intraday Target | 151.22 |
Weekly technical analysis of Bright Bros (BrightBros)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 149.65 | 151.15 | 157.95 | 146.05 | 1.068 times |
| 24 Fri May 2024 | 154.20 | 158.20 | 160.00 | 152.70 | 0.742 times |
| 18 Sat May 2024 | 158.00 | 153.95 | 165.00 | 150.15 | 0.522 times |
| 10 Fri May 2024 | 149.25 | 152.50 | 161.00 | 141.05 | 3.925 times |
| 03 Fri May 2024 | 152.60 | 162.00 | 162.00 | 152.00 | 0.197 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 |
| 31 Fri May 2024 | 149.65 | 157.75 | 165.00 | 141.05 | 0.971 times |
| 30 Tue Apr 2024 | 154.25 | 162.95 | 168.00 | 150.00 | 1.683 times |
| 28 Thu Mar 2024 | 162.95 | 164.95 | 173.05 | 135.10 | 0.402 times |
| 29 Thu Feb 2024 | 159.20 | 191.80 | 199.80 | 152.65 | 0.623 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 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 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 Bros ( (BrightBros) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Bright Bros ( (BrightBros) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Bright Bros stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bright Bros in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bright Bros 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 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 153.17 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 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 Bros ( (BrightBros) ) 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 Bros ( (BrightBros) ) 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 Bros ( (BrightBros) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Bright Bros ( (BrightBros) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Bright Bros stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bright Bros in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bright Bros 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 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 153.17 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 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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