BROWN-FORMAN CORP-CLASS A (BF.A) Stock Technical Analysis
NYSE:BF.A - New York Stock Exchange, Inc. - US1156371007 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BF.A. BF.A's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
92% of all other stocks performed better in the past year than BF.A.
BF.A is part of the Beverages industry. There are 33 other stocks in this industry, of which 78% are performing better than BF.A.
BF.A is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BF.A is lagging the market.
In the last month BF.A has a been trading in the 26.59 - 35.95 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
The technical rating of BF.A is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
26.33
36.10
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 34.20 to 34.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 35.31 to 35.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BF.A is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BF.A is down. |
| ChartMill Relative Strength | 8.98 | NEGATIVE | BF.A has a low relative strength, it was outperformed by 91.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BF.A is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BF.A is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BF.A is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 21.46 | OVERSOLD | The low RSI value suggests BF.A may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.63 | NEGATIVE | The MACD value suggests BF.A has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.23 | OVERSOLD | The low Stochastics value suggests BF.A may be oversold. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for BF.A suggests some volalility. |
| Average Directional Index/ADX (14) | 33.85 | POSITIVE | The high ADX value value for BF.A suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
26.6
-1 (-3.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-3.62%
1 Week-5.37%
2 Weeks-19.95%
1 Month-24.82%
3 Month-22.83%
6 Month-40.22%
12 Month-39.37%
2 Year-60.92%
3 Year-60.67%
5 Year-53.8%
10 Year-52.25%
15 Year37.11%
Volatility
ATR(14)1.14
ATR(20)%3.78%
ATR Inc-22.18%
Range Today0.96
ADR(20)0.75
ADR(20)%2.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.98
Mansfield-3.5
10 Day High33.48
10 Day Low26.59
20 Day High35.96
20 Day Low26.59
52 Week High48.59
52 Week Low26.59
CS1 EndN/A
CR1 Start34.2
Volume & EV
DER(3)-7.41%
DER(5)-4.39%
Volume249.60K
Volume Incr54.69%
Vol(5)207.80K
Vol(50)135.63K