Login or Join
 Learn then Earn

(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 302700

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 8.50 8.60 8.65 8.50 0.674 times
20 Thu Jun 2024 8.60 8.75 9.00 8.60 1.11 times
19 Wed Jun 2024 8.65 8.60 8.70 8.50 1.13 times
18 Tue Jun 2024 8.45 8.60 8.60 8.35 1.625 times
14 Fri Jun 2024 8.40 8.45 8.45 8.35 0.614 times

Share price targets for Bright Solar (BRIGHT_SM)

Target Type Value
Downside Target 7.80
Downside Target 8.00
Downside Target 8.25
Upside Target 8.90
Upside Target 9.20
Upside Target 9.25
Upside Target 10.05
Upside Target 11.80
Upside Target 12.50

Intraday share price targets for Bright Solar (BRIGHT_SM)

Target Type Value
Downside Intraday Target 8.23
Downside Intraday Target 7.97
Upside Intraday Target 8.88
Upside Intraday Target 9.27
Upside Intraday Target 8.62

Weekly technical analysis of Bright Solar (BRIGHT_SM)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 8.50 8.60 9.00 8.35 0.944 times
14 Fri Jun 2024 8.40 8.50 8.90 8.30 1.138 times
07 Fri Jun 2024 8.45 8.95 9.25 8.25 1.511 times
31 Fri May 2024 8.70 8.65 9.20 8.60 0.907 times
24 Fri May 2024 8.55 8.90 9.20 8.45 0.963 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
21 Fri Jun 2024 8.50 8.95 9.25 8.25 1.185 times
31 Fri May 2024 8.70 9.05 9.20 7.80 1.076 times
30 Tue Apr 2024 9.00 8.00 10.05 8.00 0.78 times
28 Thu Mar 2024 8.15 10.75 11.80 8.00 0.28 times

Price has moved down 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 24, 18, 14 Buy
MACD -0, -0Buy
Stochastics 43None
CCI -5Sell
RSI 57Buy
OBV 141000Sell
VWAP 9Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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

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

Price action analysis of Bright Solar ( (BRIGHT_SM) ) 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 Solar stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bright Solar in short term but the buy signal is initial and weak.

Bright Solar 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. Bears are weakening, and bulls are picking up momentum!

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 SELL signal for Bright Solar in short term and SELL 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bright Solar is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.51 and Bright Solar (BRIGHT_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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 Solar charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme