BROWN-FORMAN CORP-CLASS B (BF.B) Stock Technical Analysis
NYSE:BF.B - New York Stock Exchange, Inc. - US1156372096 - Common Stock - Currency: USD
Taking everything into account, BF.B scores 2 out of 10 in our technical rating. In the past year, BF.B was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
91% of all other stocks performed better in the past year than BF.B.
BF.B is part of the Beverages industry. There are 32 other stocks in this industry, of which 80% are performing better than BF.B.
BF.B 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.B has a been trading in the 26.15 - 31.33 range, which is quite wide. It is currently trading near the high of this range.
BF.B has an average volume of 5264920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of BF.B 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
27.22
35.50
2 important support areas can be observed.
- A support zone ranging from 28.36 to 29.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.49 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 30.97 to 31.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 31.70 to 31.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.26 from a trend line in the daily time frame.
- Resistance @35.15 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.B is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BF.B is up. |
| ChartMill Relative Strength | 9.55 | NEGATIVE | BF.B has a low relative strength, it was outperformed by 90.45% off all stocks 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) | DOWN | MIXED | The current price of BF.B is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BF.B is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.38 | NEUTRAL | The RSI value for BF.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests BF.B has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.48 | OVERBOUGHT | The high Stochastics value suggests BF.B may be overbought. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for BF.B suggests some volalility. |
| Average Directional Index/ADX (14) | 23.08 | NEUTRAL | The ADX value for BF.B suggests a possible start of a new 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)
30.96
-0.19 (-0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-0.61%
1 Week7.05%
2 Weeks6.72%
1 Month18.21%
3 Month-8.83%
6 Month-8.73%
12 Month-32.36%
2 Year-56.15%
3 Year-58.29%
5 Year-55.35%
10 Year14.23%
15 Year193.88%
Volatility
ATR(14)1.01
ATR(20)%3.02%
ATR Inc-27.01%
Range Today0.7
ADR(20)0.92
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.55
Mansfield-2.52
10 Day High31.33
10 Day Low27.2
20 Day High31.33
20 Day Low26.15
52 Week High49.89
52 Week Low25.53
CS1 End29.29
CR1 Start30.97
Volume & EV
DER(3)1.23%
DER(5)0.04%
Volume2.65M
Volume Incr-20.88%
Vol(5)4.09M
Vol(50)5.26M