(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 2024-06-04 View latest technical analysis
10 day averaged volume of Bright Bros is 3825
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 146.40 | 148.20 | 152.75 | 143.00 | 2.312 times |
| 03 Mon Jun 2024 | 149.25 | 150.00 | 150.00 | 148.10 | 1.925 times |
| 31 Fri May 2024 | 149.65 | 151.50 | 154.95 | 149.00 | 0.525 times |
| 30 Thu May 2024 | 149.60 | 154.35 | 154.35 | 148.20 | 0.379 times |
| 29 Wed May 2024 | 151.30 | 151.55 | 155.85 | 146.05 | 1.298 times |
| 28 Tue May 2024 | 151.55 | 156.95 | 156.95 | 150.00 | 0.482 times |
| 27 Mon May 2024 | 151.55 | 151.15 | 157.95 | 151.00 | 1.485 times |
| 24 Fri May 2024 | 154.20 | 153.75 | 156.40 | 153.75 | 0.534 times |
| 23 Thu May 2024 | 158.30 | 153.50 | 160.00 | 153.00 | 1.244 times |
| 22 Wed May 2024 | 153.55 | 154.00 | 155.80 | 153.00 | 1.374 times |
Stock of Bright Bros (BrightBros) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 145.7, for a target of 149.7 or 153.02
Share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Target | 135.10 |
| Downside Target | 141.05 |
| Downside Target | 146.05 |
| Upside Target | 150.00 |
| Upside Target | 157.95 |
| Upside Target | 160.00 |
| Upside Target | 161.00 |
| Upside Target | 165.00 |
| Upside Target | 168.00 |
| Upside Target | 173.05 |
| Upside Target | 199.80 |
Intraday share price targets for Bright Bros (BrightBros)
| Target Type | Value |
| Downside Intraday Target | 142.02 |
| Downside Intraday Target | 137.63 |
| Upside Intraday Target | 151.77 |
| Upside Intraday Target | 157.13 |
| Upside Intraday Target | 147.38 |
Weekly technical analysis of Bright Bros (BrightBros)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 146.40 | 150.00 | 152.75 | 143.00 | 1.016 times |
| 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 |
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 |
| 04 Tue Jun 2024 | 146.40 | 150.00 | 152.75 | 143.00 | 0.176 times |
| 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 |
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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Bright Bros stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Bright Bros is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 151.05 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Bright Bros stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Bright Bros is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 151.05 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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