Mobile app version of munafa.com.co
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-05 View latest technical analysis

10 day averaged volume of Bright is 23725

Date Daily Closing Price Open High Low Volume
05 Fri Apr 2024 483.05 499.00 499.00 482.00 0.053 times
04 Thu Apr 2024 482.00 475.00 484.00 475.00 0.105 times
03 Wed Apr 2024 474.00 474.00 474.00 474.00 0.021 times
02 Tue Apr 2024 470.00 476.50 476.50 469.00 1.612 times
01 Mon Apr 2024 470.25 479.00 500.00 469.00 2.75 times
28 Thu Mar 2024 465.00 452.00 471.10 450.00 1.876 times
27 Wed Mar 2024 451.10 462.00 462.00 440.10 0.601 times
26 Tue Mar 2024 459.50 472.25 484.95 450.00 1.338 times
22 Fri Mar 2024 481.15 471.00 487.50 471.00 0.685 times
21 Thu Mar 2024 470.00 468.00 471.75 468.00 0.211 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 482.5, but if it comes below 482.5, then a intra day sell could be more profitable.
If you take a sell trade below 482.5, then use 482.5 as stoploss and 466.36 as target. However if you take a buy trade in stock , then use 482.5 as stoploss and 501.9 as target.

Share price targets for Bright (Bright)

Target Type Value
Downside Target 417.50
Downside Target 432.00
Downside Target 449.00
Downside Target 469.00
Upside Target 497.00
Upside Target 500.00
Upside Target 515.00
Upside Target 530.00
Upside Target 551.00
Upside Target 572.00

Intraday share price targets for Bright (Bright)

Target Type Value
Downside Intraday Target 468.03
Downside Intraday Target 453.02
Upside Intraday Target 499.03
Upside Intraday Target 515.02
Upside Intraday Target 484.02

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
05 Fri Apr 2024 483.05 479.00 500.00 469.00 1.191 times
28 Thu Mar 2024 465.00 472.25 484.95 440.10 1.885 times
22 Fri Mar 2024 481.15 451.00 487.50 436.00 0.937 times
15 Fri Mar 2024 456.35 490.00 497.00 417.50 2.113 times
07 Thu Mar 2024 480.00 496.50 515.00 476.00 0.388 times

Price has moved up 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 (Bright)

Date Monthly Closing Price Open High Low Volume
05 Fri Apr 2024 483.05 479.00 500.00 469.00 0.448 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
31 Wed Jan 2024 494.00 491.00 530.00 470.00 2.261 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Bright ( (Bright) ) based on a short 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.

Price action analysis of Bright ( (Bright) ) based on a short to mid 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.

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 BUY. 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.

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 red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 467.36 and Bright (Bright) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Bright ( (Bright) ) based on a short 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.

Price action analysis of Bright ( (Bright) ) based on a short to mid 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.

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 BUY. 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.

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 red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 467.36 and Bright (Bright) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.

Click here for Bright charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme