BROWN-FORMAN CORP-CLASS A (BF.A) Stock Technical Analysis
NYSE:BF.A - New York Stock Exchange, Inc. - US1156371007 - Common Stock - Currency: USD
Taking everything into account, BF.A scores 1 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 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.
When comparing the yearly performance of all stocks, BF.A is a bad performer in the overall market: 72% of all stocks are doing better.
BF.A is part of the Beverages industry. There are 32 other stocks in this industry, of which 70% are performing better than BF.A.
BF.A is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BF.A is lagging the market.
In the last month BF.A has a been trading in the 33.45 - 35.95 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
BF.A has a poor technical rating and the quality of the setup is also not perfect 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
30.58
37.23
When analyzing the support we notice one important area.
- A support zone ranging from 30.89 to 31.11. 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 34.43 to 34.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.52 to 35.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @36.86 from a trend 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 | 28.86 | NEGATIVE | BF.A has a low relative strength, it was outperformed by 71.14% 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) | UP | POSITIVE | The current price of BF.A is above the rising 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) | 46.38 | NEUTRAL | The RSI value for BF.A is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests BF.A has a negative trend. |
| Stochastics (14,3) | 35.37 | NEUTRAL | The Stochastics value for BF.A is a neutral value. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for BF.A suggests low volalility. |
| Average Directional Index/ADX (14) | 16.65 | 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)
34.08
-0.39 (-1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-1.13%
1 Week-3.67%
2 Weeks-2.13%
1 Month-1.13%
3 Month5.58%
6 Month-16.94%
12 Month-25.74%
2 Year-45.78%
3 Year-46.02%
5 Year-42.58%
10 Year-33.75%
15 Year79.9%
Volatility
ATR(14)0.66
ATR(20)%1.98%
ATR Inc12.95%
Range Today0.48
ADR(20)0.61
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.86
Mansfield-1.71
10 Day High35.96
10 Day Low33.85
20 Day High35.96
20 Day Low33.45
52 Week High48.59
52 Week Low30.82
CS1 End31.11
CR1 Start34.43
Volume & EV
DER(3)1.8%
DER(5)2.71%
Volume60.50K
Volume Incr-16.73%
Vol(5)76.48K
Vol(50)123.04K