BROWN-FORMAN CORP-CLASS A (BF.A) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BF.A - US1156371007 - Common Stock
Taking everything into account, BF.A scores 0 out of 10 in our technical rating. 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 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
25.84
When analyzing the support we notice one important area.
- A support zone ranging from 26.10 to 26.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 26.32 to 26.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.29 from a trend line in the weekly time frame.
- Resistance @30.03 from a trend line in the daily time frame.
- Resistance @30.96 from a horizontal 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 | DOWN | NEGATIVE | The short term trend for BF.A is down. |
| ChartMill Relative Strength | 19.64 | NEGATIVE | BF.A has a low relative strength, it was outperformed by 80.36% 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) | 33.51 | NEUTRAL | The RSI value for BF.A is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests BF.A has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.61 | OVERSOLD | The low Stochastics value suggests BF.A may be oversold. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for BF.A suggests some volalility. |
| Average Directional Index/ADX (14) | 30.11 | POSITIVE | The high ADX value value for BF.A suggests a strong trend. |
26.31
-0.22 (-0.83%)
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 trend direction for 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 33.5118. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BROWN-FORMAN CORP-CLASS A?
The MACD indicator for BROWN-FORMAN CORP-CLASS A (BF.A) has a value of -0.383402, indicating a bearish trend.
Can you provide the buy/sell signal for BROWN-FORMAN CORP-CLASS A?
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.