BROWN-FORMAN CORP-CLASS B (BF.B) Stock Technical Analysis
NYSE:BF.B - US1156372096 - Common Stock
29.94 USD
+0.97 (+3.35%)
31.3272 USD
+1.39 (+4.63%)
Taking everything into account, BF.B scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. BF.B was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
91% of all other stocks performed better in the past year than BF.B.
BF.B is one of the lesser performing stocks in the Beverages industry. 81% of 33 stocks in the same industry do better.
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 28.68 - 31.61 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
BF.B has an average volume of 4219100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BF.B has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
25.39
35.18
We found 1 important support area.
- A support zone ranging from 25.65 to 25.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 30.25 to 31.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 33.28 to 33.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @34.83 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 | NEUTRAL | NEUTRAL | The short term trend for BF.B is neutral. |
| ChartMill Relative Strength | 9.39 | NEGATIVE | BF.B has a low relative strength, it was outperformed by 90.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BF.B is below 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 | NEGATIVE | The current price of BF.B is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.92 | NEUTRAL | The RSI value for BF.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests BF.B has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.93 | NEUTRAL | The Stochastics value for BF.B is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for BF.B suggests some volalility. |
| Average Directional Index/ADX (14) | 13.77 | NEGATIVE | The low ADX value for BF.B 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)
29.94
+0.97 (+3.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg3.35%
1 Week-4.22%
2 Weeks-1.61%
1 Month4.14%
3 Month-10.2%
6 Month-9.57%
12 Month-34.33%
2 Year-54.73%
3 Year-58.82%
5 Year-59.08%
10 Year22.08%
15 Year193.1%
Volatility
ATR(14)1.01
ATR(20)%3.14%
ATR Inc140.89%
Range Today1.05
ADR(20)0.89
ADR(20)%2.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.39
Mansfield-2.46
10 Day High31.61
10 Day Low28.68
20 Day High31.61
20 Day Low28.68
52 Week High49.89
52 Week Low25.53
CS1 End25.68
CR1 Start30.25
Volume & EV
DER(3)2.27%
DER(5)1.63%
Volume5.36M
Volume Incr50.41%
Vol(5)4.77M
Vol(50)4.22M