NYSE:BF.B • US1156372096
Taking everything into account, BF.B scores 7 out of 10 in our technical rating. BF.B has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although BF.B has an excellent technical rating, it does not present a decent entry opportunity 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.
25.39
4 important support areas can be observed.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for BF.B is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BF.B is up. |
| ChartMill Relative Strength | 45.48 | NEUTRAL | BF.B is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BF.B is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BF.B is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BF.B is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.2 | NEUTRAL | The RSI value for BF.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests BF.B has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.42 | OVERBOUGHT | The high Stochastics value suggests BF.B may be overbought. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for BF.B suggests some volalility. |
| Average Directional Index/ADX (14) | 26.14 | POSITIVE | The high ADX value value for BF.B suggests a strong trend. |
29.95
-0.72 (-2.35%)
ChartMill assigns a technical rating of 7 / 10 to BF.B.
The current trend direction for BROWN-FORMAN CORP-CLASS B (BF.B) is Bearish.
BROWN-FORMAN CORP-CLASS B (BF.B) has an RSI value of 62.2017. This indicates that the stock is currently neutral.
The short term momentum for BROWN-FORMAN CORP-CLASS B (BF.B) is positive.