(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 222300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Dec 2023 | 6.50 | 6.05 | 6.50 | 6.05 | 4.399 times |
| 04 Mon Dec 2023 | 5.95 | 5.65 | 6.05 | 5.55 | 3.819 times |
| 01 Fri Dec 2023 | 5.50 | 5.65 | 5.80 | 5.45 | 0.891 times |
| 30 Thu Nov 2023 | 5.50 | 5.35 | 5.80 | 5.35 | 1.511 times |
| 29 Wed Nov 2023 | 5.35 | 5.35 | 5.50 | 5.35 | 0.499 times |
| 28 Tue Nov 2023 | 5.30 | 5.30 | 5.35 | 5.15 | 0.297 times |
| 24 Fri Nov 2023 | 5.30 | 5.25 | 5.45 | 5.20 | 0.742 times |
| 23 Thu Nov 2023 | 5.20 | 5.30 | 5.30 | 5.20 | 0.256 times |
| 22 Wed Nov 2023 | 5.35 | 5.35 | 5.50 | 5.30 | 0.27 times |
| 21 Tue Nov 2023 | 5.50 | 5.45 | 5.55 | 5.40 | 0.945 times |
Stock of Bright Solar (BRIGHT_SM) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 6.1, for a target of 5.7 or 5.35
Share price targets for Bright Solar (BRIGHT_SM)
| Target Type | Value |
| Downside Target | 4.65 |
| Downside Target | 4.95 |
| Downside Target | 5.35 |
| Downside Target | 5.55 |
| Downside Target | 5.75 |
| Downside Target | 5.80 |
| Downside Target | 6.00 |
| Downside Target | 6.50 |
Intraday share price targets for Bright Solar (BRIGHT_SM)
| Target Type | Value |
| Downside Intraday Target | 5.87 |
| Downside Intraday Target | 5.23 |
| Upside Intraday Target | 6.82 |
| Upside Intraday Target | 7.13 |
| Downside Intraday Target | 6.18 |
Weekly technical analysis of Bright Solar (BRIGHT_SM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Dec 2023 | 6.50 | 5.65 | 6.50 | 5.55 | 2.57 times |
| 01 Fri Dec 2023 | 5.50 | 5.30 | 5.80 | 5.15 | 1.072 times |
| 24 Fri Nov 2023 | 5.30 | 5.35 | 5.55 | 5.20 | 1.323 times |
| 17 Fri Nov 2023 | 5.20 | 5.10 | 5.35 | 5.00 | 1.427 times |
| 10 Fri Nov 2023 | 5.10 | 5.05 | 5.20 | 5.05 | 0.629 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 Solar (BRIGHT_SM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Tue Dec 2023 | 6.50 | 5.65 | 6.50 | 5.45 | 0.891 times |
| 30 Thu Nov 2023 | 5.50 | 5.15 | 5.80 | 5.00 | 0.921 times |
| 31 Tue Oct 2023 | 5.05 | 5.50 | 5.75 | 4.75 | 0.511 times |
| 29 Fri Sep 2023 | 5.40 | 4.85 | 6.00 | 4.70 | 2.276 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 Solar (BRIGHT_SM)
Price action analysis of Bright Solar ( (BRIGHT_SM) ) 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 Solar ( (BRIGHT_SM) ) 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 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 green color and prices are above the green cloud Prices appear to be moving up
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 positive zone. This is a BUY 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 5.92 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.
Price action analysis of Bright Solar ( (BRIGHT_SM) ) 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 Solar ( (BRIGHT_SM) ) 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 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 green color and prices are above the green cloud Prices appear to be moving up
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 positive zone. This is a BUY 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 5.92 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.
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