BROWN-FORMAN CORP-CLASS B (BF.B) Stock Technical Analysis
USA - NYSE:BF.B - US1156372096 - Common Stock
27.03 USD
+0.16 (+0.6%)
27.3932 USD
+0.36 (+1.34%)
Overall BF.B gets a technical rating of 0 out of 10. BF.B scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
91% of all other stocks performed better in the past year than BF.B.
BF.B is part of the Beverages industry. There are 33 other stocks in this industry, of which 75% are performing better than BF.B.
BF.B is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month BF.B has a been trading in the 26.77 - 31.61 range, which is quite wide. It is currently trading near the lows of this range.
BF.B has an average volume of 3607040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, BF.B does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
25.39
32.99
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.
6 important resistance areas can be observed.
- A resistance zone ranging from 27.04 to 27.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 29.04 to 29.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.75 from a trend line in the daily time frame.
- Resistance @31.15 from a horizontal line in the daily time frame.
- Resistance @32.04 from a trend line in the weekly time frame.
- Resistance @32.66 from a trend line in the daily 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 | 9.71 | NEGATIVE | BF.B has a low relative strength, it was outperformed by 90.29% 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) | 36.47 | NEUTRAL | The RSI value for BF.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BF.B has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.41 | OVERSOLD | The low Stochastics value suggests BF.B may be oversold. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for BF.B suggests some volalility. |
| Average Directional Index/ADX (14) | 8.59 | 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)
27.03
+0.16 (+0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg0.6%
1 Week-1.06%
2 Weeks-1.57%
1 Month-12.92%
3 Month2.15%
6 Month-21.47%
12 Month-44.08%
2 Year-53.15%
3 Year-59.4%
5 Year-64.11%
10 Year11.58%
15 Year163.11%
Volatility
ATR(14)0.67
ATR(20)%3.35%
ATR Inc-25.53%
Range Today0.41
ADR(20)0.85
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.71
Mansfield-3.03
10 Day High28.11
10 Day Low26.77
20 Day High31.61
20 Day Low26.77
52 Week High49.89
52 Week Low25.53
CS1 End25.68
CR1 Start27.04
Volume & EV
DER(3)-1.99%
DER(5)-1.22%
Volume3.22M
Volume Incr19.34%
Vol(5)4.23M
Vol(50)3.61M