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(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 2024-04-09 View latest technical analysis

10 day averaged volume of Bright is 21700

Date Daily Closing Price Open High Low Volume
09 Tue Apr 2024 484.00 479.90 488.00 474.50 0.069 times
08 Mon Apr 2024 480.00 491.00 495.50 472.00 0.115 times
05 Fri Apr 2024 483.05 499.00 499.00 482.00 0.058 times
04 Thu Apr 2024 482.00 475.00 484.00 475.00 0.115 times
03 Wed Apr 2024 474.00 474.00 474.00 474.00 0.023 times
02 Tue Apr 2024 470.00 476.50 476.50 469.00 1.763 times
01 Mon Apr 2024 470.25 479.00 500.00 469.00 3.007 times
28 Thu Mar 2024 465.00 452.00 471.10 450.00 2.051 times
27 Wed Mar 2024 451.10 462.00 462.00 440.10 0.657 times
26 Tue Mar 2024 459.50 472.25 484.95 450.00 1.463 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 483.2, but if it comes below 483.2, then a intra day sell could be more profitable.
If you take a sell trade below 483.2, then use 483.2 as stoploss and 466.76 as target. However if you take a buy trade in stock , then use 483.2 as stoploss and 503 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 484.95
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 472.17
Downside Intraday Target 460.33
Upside Intraday Target 495.67
Upside Intraday Target 507.33
Downside Intraday Target 483.83

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
09 Tue Apr 2024 484.00 491.00 495.50 472.00 0.037 times
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

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
09 Tue Apr 2024 484.00 479.00 500.00 469.00 0.465 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 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Bright stock for short term is BUY. Signal strength is Weak 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 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 moving up

CCI has generated a SELL signal for Bright in short term but SELL signal is weak.

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

Stock of Bright is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 466.47 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 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Bright stock for short term is BUY. Signal strength is Weak 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 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 moving up

CCI has generated a SELL signal for Bright in short term but SELL signal is weak.

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

Stock of Bright is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 466.47 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.

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Daily charts

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