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Bright Outdoor Media Limited

BRIGHT.BO Technical Analysis Summary (BSE)

Analyze BRIGHT.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BRIGHT.BOBSE
Communication ServicesAdvertising Agencies
347.00
0.00(0.00%)
Indian Market opens in 5h 16m

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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 (BSE)

Bright Outdoor Media Limited (BSE: BRIGHT.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.43)
Trend Strength:Moderate (ADX: 22.28)
Volatility:Medium (ATR: 7.82)
Support/Resistance:$343.94 – $356.13 (Bollinger Bands)

Technical conditions suggest Bright Outdoor Media Limited on the BSE is awaiting a decisive move. Overall, Bright Outdoor Media Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 40.43

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 10.08

Bullish
Oversold zone signals rebound potential.

Williams %R: -95.18

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -0.86

Neutral
Price change is minimal.

Takeaway:Bright Outdoor Media Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -2.45

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.28

Moderate
Moderate trend, direction gaining strength.

ATR (14): 7.82

High
High volatility, wide price fluctuations.

CCI (14): -94.71

Bearish
Bearish, momentum remains under pressure.

Takeaway:Bright Outdoor Media Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$356.13
Middle Band (SMA 20)
$350.04
Lower Band
$343.94
Current Position
Within Bands

Takeaway:Bright Outdoor Media Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$367.37
Middle Line (EMA 20)
$351.73
Lower Channel
$336.09
Squeeze Status
Squeeze On

Takeaway:Bright Outdoor Media Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume233.25K
Money Flow Index35.29Bearish, selling pressure outweighs inflows.
Relative Vigor Index27.66Bearish, 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 (BSE: BRIGHT.BO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Bright Outdoor Media Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(BSE: BRIGHT.BO) Technical Analysis FAQ