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NSE Stock BRIGHT_SM Historical charts - Bright Solar Limited

Historical charts for Stock BRIGHT_SM - Share Bright Solar Limited trades in NSE

Moving Averages for

  • 5Day Average: 8.45
  • 12Day Average: 8.48
  • 20Day Average: 8.56
  • 50Day Average: 8.66
  • 100Day Average: 9.26
  • 150Day Average: 8.07

BRIGHT_SM Indicators & signals

Indicator MACD (12,26,9)

8.5, 8.57, -0.07
Indicator MACD is in negative zone

Indicator ADX (14)

17.65, 20, 28.57
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BRIGHT_SM are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
28 Fri Jun 2024 8.35 8.25 to 8.50 -0.6% 0.63 times
27 Thu Jun 2024 8.40 8.40 to 8.65 -2.89% 0.81 times
26 Wed Jun 2024 8.65 8.50 to 8.75 1.76% 0.92 times
25 Tue Jun 2024 8.50 8.35 to 8.55 1.8% 0.71 times
24 Mon Jun 2024 8.35 7.80 to 8.75 -1.76% 1.38 times
21 Fri Jun 2024 8.50 8.50 to 8.65 -1.16% 0.62 times
20 Thu Jun 2024 8.60 8.60 to 9.00 -0.58% 1.01 times
19 Wed Jun 2024 8.65 8.50 to 8.70 2.37% 1.03 times
18 Tue Jun 2024 8.45 8.35 to 8.60 0.6% 1.49 times
14 Fri Jun 2024 8.40 8.35 to 8.45 0.6% 0.56 times
13 Thu Jun 2024 8.35 8.30 to 8.70 -2.34% 1.48 times
12 Wed Jun 2024 8.55 8.50 to 8.90 -1.16% 0.83 times

Technical analysis forecast for BRIGHT_SM Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT BRIGHT_SM BRIGHT_SM at this time. Stock is falling and might fall more.

It appears as if BRIGHT_SM BRIGHT_SM gave a large move recently.

Stock of BRIGHT_SM (BRIGHT_SM) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of BRIGHT_SM is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if BRIGHT_SM stays below 8.4, but if it comes above 8.4, then a intra day buy could be more profitable.
If you take a sell trade below 8.4, then use 8.4 as stoploss and 8.2 as target. However if you take a buy trade in BRIGHT_SM, then use 8.4 as stoploss and 8.53 as target.

Tomorrow's movement Prediction of BRIGHT_SM appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.

Tomorrow's movement Prediction of BRIGHT_SM is strongly bearish. It has broken a strong support of 9 and is expected to move down further.

Munafa value: 39

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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NSE Stock BRIGHT_SM Historical charts - Share Bright Solar Limited

 

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