Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Bright Outdoor Media Limited

BRIGHT.BO•BSE
Energy
Solar
₹420.10
₹10.10(2.46%)
Indian Market opens in 12h 41m

Bright Outdoor Media Limited (BRIGHT.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Bright Outdoor Media Limited (BSE:BRIGHT.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BRIGHT.BO Technical Analysis Summary

Bright Outdoor Media Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 54.88)
Trend Strength:Moderate (ADX: 25.24)
Volatility:Medium (ATR: 15.95)
Support/Resistance:$403.18 – $432.36 (Bollinger Bands)

This mix signals that Bright Outdoor Media Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 54.88

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 73.77

Bullish
Buying momentum building without extremes.

Williams %R: -13.36

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.65

Bullish
Steady upward momentum.

Takeaway:Bright Outdoor Media Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 2.48

Bullish
Bullish, trend momentum is strengthening.

ADX: 25.24

Moderate
Moderate trend, direction gaining strength.

ATR (14): 15.95

Rising
Rising volatility, market activity increasing.

CCI (14): -37.79

Bearish
Bearish, momentum remains under pressure.

Takeaway:Bright Outdoor Media Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$432.36
Middle Band (SMA 20)
$417.77
Lower Band
$403.18
Current Position
Within Bands

Takeaway:Bright Outdoor Media Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$449.39
Middle Line (EMA 20)
$417.50
Lower Channel
$385.61
Squeeze Status
Squeeze On

Takeaway:Bright Outdoor Media Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume145.88K
Money Flow Index27.96Bearish, selling pressure outweighs inflows.
Relative Vigor Index33.30Bearish, price momentum favors sellers.

Overall Takeaway:BRIGHT.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Bright Outdoor Media Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Bright Outdoor Media Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ