BRF SA-ADR (BRFS) Stock Technical Analysis
NYSE:BRFS - US10552T1079 - ADR
3.65 USD
-0.01 (-0.27%)
3.65 USD
0 (0%)
We assign a technical rating of 2 out of 10 to BRFS. BRFS performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, BRFS is a bad performer in the overall market: 83% of all stocks are doing better.
In the last month BRFS has a been trading in the 3.35 - 3.83 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BRFS has an average volume of 3593570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
BRFS is an average performer in the Food Products industry, it outperforms 44% of 90 stocks in the same industry.
BRFS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRFS is lagging the market.
Considerably lower volume is observed in the last couple of days.
BRFS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 3.64, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BRFS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.25
4.08
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.51 to 3.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.38 to 3.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.28 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @3.73 from a trend line in the weekly time frame.
- Resistance @3.86 from a trend line in the daily time frame.
- A resistance zone ranging from 3.99 to 4.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 17.73 | NEGATIVE | BRFS has a low relative strength, it was outperformed by 82.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BRFS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRFS is below a declining 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) | 51.36 | NEUTRAL | The RSI value for BRFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests BRFS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.83 | NEUTRAL | The Stochastics value for BRFS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for BRFS suggests some volalility. |
| Average Directional Index/ADX (14) | 9.05 | 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)
3.65
-0.01 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.27%
1 Week0.83%
2 Weeks3.4%
1 Month-1.35%
3 Month3.99%
6 Month18.89%
12 Month-20.82%
2 Year99.45%
3 Year22.07%
5 Year1.39%
10 Year-80.84%
15 Year-72.94%
Volatility
ATR(14)0.11
ATR(20)%3.77%
ATR Inc-52.66%
Range Today0.07
ADR(20)0.12
ADR(20)%3.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.73
Mansfield-1.34
10 Day High3.75
10 Day Low3.35
20 Day High3.83
20 Day Low3.35
52 Week High4.87
52 Week Low2.99
CS1 End3.64
CR1 Start3.73
Volume & EV
DER(3)5.26%
DER(5)10.26%
Volume759.90K
Volume Incr-19.83%
Vol(5)1.66M
Vol(50)3.59M