NYSE:BF.A • US1156371007
We assign a technical rating of 4 out of 10 to BF.A. In the last year, BF.A was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
BF.A has an average technical rating and the quality of the presented setup is also not ideal 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.
25.27
We found 3 important support areas.
We can see 2 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for BF.A is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BF.A is neutral. |
| ChartMill Relative Strength | 27.37 | NEGATIVE | BF.A has a low relative strength, it was outperformed by 72.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BF.A is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BF.A is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BF.A is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.18 | NEUTRAL | The RSI value for BF.A is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests BF.A has a negative trend. |
| Stochastics (14,3) | 31.44 | NEUTRAL | The Stochastics value for BF.A is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for BF.A suggests some volalility. |
| Average Directional Index/ADX (14) | 23.41 | NEUTRAL | The ADX value for BF.A suggests a possible start of a new trend. |
29.36
+0.3 (+1.03%)
ChartMill assigns a technical rating of 4 / 10 to BF.A.
The current trend direction for BROWN-FORMAN CORP-CLASS A (BF.A) is Bearish.
BROWN-FORMAN CORP-CLASS A (BF.A) has an RSI value of 51.1798. This indicates that the stock is currently neutral.
The MACD indicator for BROWN-FORMAN CORP-CLASS A (BF.A) has a value of -0.16831, indicating a bearish trend.