BROWN-FORMAN CORP-CLASS B (BF.B) Stock Technical Analysis
USA - NYSE:BF.B - US1156372096 - Common Stock
Overall BF.B gets a technical rating of 0 out of 10. BF.B'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.
Although the technical rating is bad, BF.B does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
25.39
When analyzing the support we notice one important 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 4 important areas.
- Resistance @26.74 from a horizontal line in the daily time frame.
- A resistance zone ranging from 27.25 to 28.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.71 to 28.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.97 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 | DOWN | NEGATIVE | The short term trend for BF.B is down. |
| ChartMill Relative Strength | 12.18 | NEGATIVE | BF.B has a low relative strength, it was outperformed by 87.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BF.B is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BF.B is below 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) | 40.7 | NEUTRAL | The RSI value for BF.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests BF.B has a negative trend. |
| Stochastics (14,3) | 14.51 | OVERSOLD | The low Stochastics value suggests BF.B may be oversold. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for BF.B suggests some volalility. |
| Average Directional Index/ADX (14) | 14.1 | NEGATIVE | The low ADX value for BF.B suggests a weak or negative trend. |
26.6
+0.07 (+0.26%)
BROWN-FORMAN CORP-CLASS B / BF.B FAQ
What is the technical rating for BF.B stock?
ChartMill assigns a technical rating of 0 / 10 to BF.B.
What is the trend direction for BF.B stock?
The current trend direction for BROWN-FORMAN CORP-CLASS B (BF.B) is Bearish.
What is the RSI signal for BF.B stock?
BROWN-FORMAN CORP-CLASS B (BF.B) has an RSI value of 40.6952. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BROWN-FORMAN CORP-CLASS B?
The short term momentum for BROWN-FORMAN CORP-CLASS B (BF.B) is negative.
Can you provide the buy/sell signal for BROWN-FORMAN CORP-CLASS B?
The buy/sell signal for BROWN-FORMAN CORP-CLASS B (BF.B) is sell as both the short term and long term trends are negative.