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(BRIGHT_SZ) Bright Solar complete technical analysis [charts+indicators] | Buy/Sell Bright Solar | (BRIGHT_SZ) share price targets

Complete technical analysis of Bright Solar (BRIGHT_SZ) by charts plus indicators, forecast predictions and share price targets for Bright Solar (BRIGHT_SZ)

10 day averaged volume of Bright Solar is 47100

Date Daily Closing Price Open High Low Volume
18 Mon Nov 2024 4.65 4.65 4.65 4.65 1.592 times
11 Mon Nov 2024 4.90 4.90 4.90 4.90 1.019 times
04 Mon Nov 2024 5.15 5.15 5.15 5.15 1.529 times
28 Mon Oct 2024 5.40 5.40 5.40 5.40 0.318 times
21 Mon Oct 2024 5.65 5.65 5.65 5.65 0.892 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.7, but if it comes above 5.7, then a intra day buy could be more profitable.
If you take a sell trade below 5.7, then use 5.7 as stoploss and 4 as target. However if you take a buy trade in stock , then use 5.7 as stoploss and 7.14 as target.

Share price targets for Bright Solar (BRIGHT_SZ)

Target Type Value
Downside Target 4.65
Upside Target 4.90
Upside Target 5.15
Upside Target 5.40
Upside Target 5.65
Upside Target 6.25
Upside Target 6.55
Upside Target 6.60
Upside Target 6.95
Upside Target 8.00
Upside Target 8.25
Upside Target 9.65

Intraday share price targets for Bright Solar (BRIGHT_SZ)

Target Type Value
Downside Intraday Target 4.65
Downside Intraday Target 4.65
Downside Intraday Target 4.65
Downside Intraday Target 4.65
Downside Intraday Target 4.65

Weekly technical analysis of Bright Solar (BRIGHT_SZ)

Date Weekly Closing Price Open High Low Volume
18 Mon Nov 2024 4.65 4.65 4.65 4.65 1.563 times
11 Mon Nov 2024 4.90 4.90 4.90 4.90 0.667 times
04 Mon Nov 2024 5.15 5.15 5.15 5.15 4.8 times
28 Mon Oct 2024 5.40 5.40 5.40 5.40 0.357 times
21 Mon Oct 2024 5.65 5.65 5.65 5.65 0.412 times

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

Monthly technical analysis of Bright Solar (BRIGHT_SZ)

Date Monthly Closing Price Open High Low Volume
18 Mon Nov 2024 4.65 5.15 5.15 4.65 1.048 times
28 Mon Oct 2024 5.40 6.25 6.25 5.40 1.24 times
30 Mon Sep 2024 6.55 8.00 8.00 6.55 0.047 times
14 Wed Aug 2024 8.40 7.05 9.65 6.95 0.832 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_SZ)

Indicator Name Indicator Value Indicator Signal
ADX 15, 76, 67 Sell
MACD -1, -1Sell
Stochastics 0Sell
CCI -113Sell
RSI 47Sell
OBV 564000Sell
VWAP 6Sell
ADL 0Sell
ROC -39Sell
Force Index 0Sell

Price action analysis of Bright Solar ( (BRIGHT_SZ) ) based on a short term time period is

Price action analysis of Bright Solar ( (BRIGHT_SZ) ) based on a short term time period is

Price action analysis of Bright Solar ( (BRIGHT_SZ) ) based on a short to mid term time period is

Price action analysis of Bright Solar ( (BRIGHT_SZ) ) based on a mid to longer term time period is

ADX buy sell signal for Bright Solar stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Bright Solar in short term and the sell signal is strong.

Bright Solar Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal in short term but selling is losing 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 5.67 and Bright Solar (BRIGHT_SZ) 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_SZ) stock. Volume based technical analysis of Bright Solar (BRIGHT_SZ) 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.

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Click here for further forecast and predictions for tomorrow

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