BROWN-FORMAN CORP-CLASS A (BF.A) Stock Technical Analysis
NYSE:BF.A - New York Stock Exchange, Inc. - US1156371007 - Common Stock - Currency: USD
Overall BF.A gets a technical rating of 1 out of 10. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
93% of all other stocks performed better in the past year than BF.A.
BF.A is part of the Beverages industry. There are 32 other stocks in this industry, of which 77% are performing better than BF.A.
BF.A is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BF.A has a been trading in the 26.11 - 29.73 range, which is quite wide. It is currently trading near the high of this range.
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
26.02
35.13
We found 1 important support area.
- A support zone ranging from 26.28 to 26.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 29.28 to 29.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.61 from a trend line in the daily time frame.
- Resistance @33.25 from a trend line in the weekly time frame.
- Resistance @34.78 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for BF.A is neutral. |
| ChartMill Relative Strength | 7.64 | NEGATIVE | BF.A has a low relative strength, it was outperformed by 92.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BF.A is above the rising 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) | 52.86 | NEUTRAL | The RSI value for BF.A is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests BF.A has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.36 | OVERBOUGHT | The high Stochastics value suggests BF.A may be overbought. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for BF.A suggests some volalility. |
| Average Directional Index/ADX (14) | 26.84 | 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)
29.27
+0.01 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg0.03%
1 Week1.21%
2 Weeks9.3%
1 Month5.25%
3 Month-13.81%
6 Month-13.07%
12 Month-34.93%
2 Year-59.3%
3 Year-59.57%
5 Year-53.72%
10 Year-51.01%
15 Year36.97%
Volatility
ATR(14)0.76
ATR(20)%2.49%
ATR Inc29.86%
Range Today0.64
ADR(20)0.71
ADR(20)%2.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.64
Mansfield-2.88
10 Day High29.73
10 Day Low26.6
20 Day High29.73
20 Day Low26.11
52 Week High48.59
52 Week Low26.11
CS1 End26.34
CR1 Start29.28
Volume & EV
DER(3)1.63%
DER(5)1.39%
Volume115.50K
Volume Incr-33.94%
Vol(5)190.82K
Vol(50)178.84K