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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 2024-04-18 View latest technical analysis

10 day averaged volume of Bright is 7925

Date Daily Closing Price Open High Low Volume
18 Thu Apr 2024 491.65 499.95 499.95 486.00 0.379 times
16 Tue Apr 2024 498.55 475.00 500.00 472.00 3.155 times
15 Mon Apr 2024 469.00 460.00 469.00 455.00 0.347 times
12 Fri Apr 2024 469.50 465.00 479.00 462.00 0.347 times
10 Wed Apr 2024 472.00 479.00 479.95 472.00 0.284 times
09 Tue Apr 2024 484.00 479.90 488.00 474.50 0.189 times
08 Mon Apr 2024 480.00 491.00 495.50 472.00 0.315 times
05 Fri Apr 2024 483.05 499.00 499.00 482.00 0.158 times
04 Thu Apr 2024 482.00 475.00 484.00 475.00 0.315 times
03 Wed Apr 2024 474.00 474.00 474.00 474.00 0.063 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 485.5, but if it comes below 485.5, then a intra day sell could be more profitable.
If you take a sell trade below 485.5, then use 485.5 as stoploss and 471.4 as target. However if you take a buy trade in stock , then use 485.5 as stoploss and 502.5 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 484.95
Upside Target 495.50
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 464.43
Downside Intraday Target 437.22
Upside Intraday Target 509.43
Upside Intraday Target 527.22
Downside Intraday Target 482.22

Weekly technical analysis of Bright (Bright)

Date Weekly Closing Price Open High Low Volume
18 Thu Apr 2024 491.65 460.00 500.00 455.00 3.417 times
12 Fri Apr 2024 469.50 491.00 495.50 462.00 0.084 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bright (Bright)

Date Monthly Closing Price Open High Low Volume
18 Thu Apr 2024 491.65 479.00 500.00 455.00 0.613 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bright ( (Bright) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the buy signal is strong.

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 coming down

CCI has generated a buy signal for Bright in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 489.85 and Bright (Bright) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bright ( (Bright) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the buy signal is strong.

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 coming down

CCI has generated a buy signal for Bright in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 489.85 and Bright (Bright) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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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