(BRIGHT_SM) Bright Solar complete technical analysis [charts+indicators] | Buy/Sell Bright Solar | (BRIGHT_SM) share price targets
Complete technical analysis of Bright Solar (BRIGHT_SM) by charts plus indicators, forecast predictions and share price targets for Bright Solar (BRIGHT_SM)
10 day averaged volume of Bright Solar is 75300
|Date||Daily Closing Price||Open||High||Low||Volume|
|02 Tue Mar 2021||13.80||13.85||13.85||13.80||0.319 times|
|01 Mon Mar 2021||13.85||13.55||14.00||13.55||0.359 times|
|25 Thu Feb 2021||13.10||13.10||13.10||13.10||0.359 times|
|24 Wed Feb 2021||12.50||12.85||12.85||12.35||0.837 times|
|23 Tue Feb 2021||12.95||13.35||13.35||12.70||0.398 times|
|22 Mon Feb 2021||12.85||13.05||13.95||12.80||1.155 times|
|19 Fri Feb 2021||13.35||12.50||13.35||12.50||0.956 times|
|18 Thu Feb 2021||12.75||12.50||13.05||12.50||1.235 times|
|17 Wed Feb 2021||12.50||12.40||12.85||12.25||0.956 times|
|16 Tue Feb 2021||12.40||11.75||12.50||11.65||1.633 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.5, but if it comes below 13.5, then a intra day sell could be more profitable.
If you take a sell trade below 13.5, then use 13.5 as stoploss and 11.82 as target. However if you take a buy trade in stock , then use 13.5 as stoploss and 15.6 as target.
Share price targets for Bright Solar (BRIGHT_SM)
Intraday share price targets for Bright Solar (BRIGHT_SM)
|Downside Intraday Target||13.57|
|Downside Intraday Target||13.33|
|Upside Intraday Target||14.02|
|Upside Intraday Target||14.23|
|Downside Intraday Target||13.78|
Weekly technical analysis of Bright Solar (BRIGHT_SM)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|02 Tue Mar 2021||13.80||13.55||14.00||13.55||0.246 times|
|25 Thu Feb 2021||13.10||13.05||13.95||12.35||0.399 times|
|19 Fri Feb 2021||13.35||13.40||13.45||11.65||0.477 times|
|12 Fri Feb 2021||12.85||10.60||12.95||10.60||3.989 times|
|05 Fri Feb 2021||9.65||8.00||9.65||7.65||9.1 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 Solar (BRIGHT_SM)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|02 Tue Mar 2021||13.80||13.55||14.00||13.55||0.024 times|
|25 Thu Feb 2021||13.10||8.00||13.95||7.65||1.326 times|
|29 Fri Jan 2021||7.95||7.90||8.50||6.80||3.947 times|
|31 Thu Dec 2020||7.60||6.35||8.30||6.10||1.304 times|
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 Solar (BRIGHT_SM)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||48, 10, 64||Buy|
Price action analysis of Bright Solar ( (BRIGHT_SM) ) 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 Solar ( (BRIGHT_SM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Bright Solar ( (BRIGHT_SM) ) 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 Solar ( (BRIGHT_SM) ) based on a mid to longer 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.
ADX buy sell signal for Bright Solar stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Bright Solar 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 Solar 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 coming down
CCI has generated a buy signal for Bright Solar 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 negative zone. This is the SELL zone
Stock of Bright Solar is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.82 and Bright Solar (BRIGHT_SM) 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 Solar (BRIGHT_SM) stock. Volume based technical analysis of Bright Solar (BRIGHT_SM) stock is negative.
Bright Solar Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.