BRF SA-ADR (BRFS) Stock Technical Analysis
NYSE:BRFS - New York Stock Exchange, Inc. - US10552T1079 - ADR - Currency: USD
We assign a technical rating of 4 out of 10 to BRFS. BRFS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
BRFS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BRFS is lagging the market.
In the last month BRFS has a been trading in the 3.35 - 3.97 range, which is quite wide. It is currently trading near the lows of this range.
BRFS is one of the better performing stocks in the Food Products industry, it outperforms 79% of 90 stocks in the same industry.
BRFS has an average volume of 3381480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that BRFS is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, BRFS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
3.03
4.80
We found 3 important support areas.
- Support @3.28 from a trend line in the weekly time frame.
- Support @3.17 from a trend line in the weekly time frame.
- A support zone ranging from 3.06 to 3.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 3.53 to 3.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.81 to 3.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.99 to 4.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.61 from a horizontal line in the weekly time frame.
- Resistance @4.75 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for BRFS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRFS is neutral. |
| ChartMill Relative Strength | 70.32 | POSITIVE | BRFS has a high relative strength, it outperformed 70.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRFS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BRFS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRFS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.14 | NEUTRAL | The RSI value for BRFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests BRFS has a negative trend. |
| Stochastics (14,3) | 55.07 | NEUTRAL | The Stochastics value for BRFS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for BRFS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.07 | NEGATIVE | The low ADX value for BRFS 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)
3.51
-0.09 (-2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-2.5%
1 Week-3.84%
2 Weeks-1.96%
1 Month-12.25%
3 Month14.33%
6 Month-15.01%
12 Month-3.31%
2 Year114.02%
3 Year9.01%
5 Year-17.99%
10 Year-82.63%
15 Year-72.94%
Volatility
ATR(14)0.17
ATR(20)%4.54%
ATR Inc-22.02%
Range Today0.07
ADR(20)0.14
ADR(20)%4.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.32
Mansfield-1.34
10 Day High3.81
10 Day Low3.38
20 Day High3.97
20 Day Low3.35
52 Week High4.87
52 Week Low2.99
CS1 End3.28
CR1 Start3.53
Volume & EV
DER(3)-1.45%
DER(5)-0.45%
Volume3.00M
Volume Incr32.11%
Vol(5)5.67M
Vol(50)3.38M