BROWN-FORMAN CORP-CLASS A (BF.A) Stock Technical Analysis
USA - NYSE:BF.A - US1156371007 - Common Stock
We assign a technical rating of 0 out of 10 to BF.A. BF.A scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, BF.A does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 26.34, a Stop Loss order could be placed below this zone.
More info and screens
26.02
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 2 important areas.
- A resistance zone ranging from 27.16 to 27.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.52 to 28.76. 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 | 12.39 | NEGATIVE | BF.A has a low relative strength, it was outperformed by 87.61% 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) | 39.38 | NEUTRAL | The RSI value for BF.A is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests BF.A has a negative trend. |
| Stochastics (14,3) | 18.83 | OVERSOLD | The low Stochastics value suggests BF.A may be oversold. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for BF.A suggests some volalility. |
| Average Directional Index/ADX (14) | 15.64 | NEGATIVE | The low ADX value for BF.A suggests a weak or negative trend. |
26.41
-0.36 (-1.34%)
BROWN-FORMAN CORP-CLASS A / BF.A FAQ
What is the technical rating for BF.A stock?
ChartMill assigns a technical rating of 0 / 10 to BF.A.
What is the current trend direction of BROWN-FORMAN CORP-CLASS A (BF.A) stock?
The current trend direction for BROWN-FORMAN CORP-CLASS A (BF.A) is Bearish.
Can you provide the RSI signal for BROWN-FORMAN CORP-CLASS A?
BROWN-FORMAN CORP-CLASS A (BF.A) has an RSI value of 39.3802. This indicates that the stock is currently neutral.
What is the buy/sell signal for BF.A stock?
The buy/sell signal for BROWN-FORMAN CORP-CLASS A (BF.A) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for BROWN-FORMAN CORP-CLASS A (BF.A) stock?
BROWN-FORMAN CORP-CLASS A (BF.A) has a support level at 26.34 and a resistance level at 27.16. Check the full technical report for our detailed analysis of BF.A support and resistance levels.