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 1 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.
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.
92% of all other stocks performed better in the past year than BF.A.
BF.A is one of the lesser performing stocks in the Beverages industry. 80% of 32 stocks in the same industry do better.
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 27.57 - 31.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
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. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
26.02
36.96
When analyzing the support we notice one important 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 29.89 to 30.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.74 to 31.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @36.59 from a horizontal line in the weekly 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 | 8.16 | NEGATIVE | BF.A has a low relative strength, it was outperformed by 91.84% 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 | MIXED | The current price of BF.A is above 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) | 50.04 | NEUTRAL | The RSI value for BF.A is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BF.A has a negative trend. |
| Stochastics (14,3) | 34.95 | NEUTRAL | The Stochastics value for BF.A is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for BF.A suggests some volalility. |
| Average Directional Index/ADX (14) | 17.04 | NEGATIVE | The low ADX value for BF.A suggests a weak or negative 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)
29.29
+0.72 (+2.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg2.52%
1 Week-3.01%
2 Weeks2.74%
1 Month4.05%
3 Month-14.93%
6 Month-5.88%
12 Month-34.84%
2 Year-56.43%
3 Year-58.5%
5 Year-55.94%
10 Year-46.03%
15 Year43.86%
Volatility
ATR(14)0.85
ATR(20)%2.91%
ATR Inc-7.9%
Range Today0.93
ADR(20)0.82
ADR(20)%2.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.16
Mansfield-2.64
10 Day High31.19
10 Day Low28.15
20 Day High31.19
20 Day Low27.57
52 Week High48.59
52 Week Low26.11
CS1 End26.34
CR1 Start29.89
Volume & EV
DER(3)-0.44%
DER(5)1.79%
Volume152.70K
Volume Incr-25.13%
Vol(5)116.76K
Vol(50)189.22K