BRF SA (BRFS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BRFS - US10552T1079 - ADR
3.38 USD
-0.44 (-11.52%)
3.49 USD
+0.11 (+3.25%)
We assign a technical rating of 2 out of 10 to BRFS. BRFS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
86% of all other stocks performed better in the past year than BRFS.
BRFS is one of the lesser performing stocks in the Food Products industry. 67% of 87 stocks in the same industry do better.
BRFS 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 BRFS has a been trading in the 3.35 - 4.25 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
BRFS has an average volume of 2077730 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!
The technical rating of BRFS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.28
4.21
We found 1 important support area.
- Support @3.31 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.38 to 3.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.17 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 | 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 | 14.21 | NEGATIVE | BRFS has a low relative strength, it was outperformed by 85.79% 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) | 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) | 37.41 | 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) | 39.58 | NEUTRAL | The Stochastics value for BRFS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for BRFS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.46 | 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)
3.38
-0.44 (-11.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-11.52%
1 Week-14.21%
2 Weeks-4.52%
1 Month-7.4%
3 Month-4.25%
6 Month-0.88%
12 Month-24.55%
2 Year64.88%
3 Year44.44%
5 Year3.05%
10 Year-81%
15 Year-78.24%
Volatility
ATR(14)0.16
ATR(20)%4.24%
ATR Inc165.52%
Range Today0.27
ADR(20)0.12
ADR(20)%3.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.21
3 months CRSN/A
6 months CRSN/A
Mansfield-2.01
10 Day High4.26
10 Day Low3.35
20 Day High4.26
20 Day Low3.35
52 Week High4.87
52 Week Low2.99
CS1 End3.31
CR1 Start3.38
Volume & EV
DER(3)-3.68%
DER(5)0.82%
Volume2.14M
Volume Incr102.58%
Vol(5)3.14M
Vol(50)2.08M
BRF SA / BRFS FAQ
Can you provide the ChartMill technical rating for BRF SA?
ChartMill assigns a technical rating of 2 / 10 to BRFS.
What is the current trend direction of BRF SA (BRFS) stock?
The current trend direction for BRF SA (BRFS) is Bearish.
What is the RSI signal for BRFS stock?
BRF SA (BRFS) has an RSI value of 37.4104. This indicates that the stock is currently neutral.
What is the short term momentum for BRF SA (BRFS) stock?
The short term momentum for BRF SA (BRFS) is neutral.