BRF SA (BRFS) Technical Analysis
NYSE:BRFS • US10552T1079
Current stock price
BRFS Technical Rating and Analysis
Overall BRFS gets a technical rating of 2 out of 10. BRFS'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.
- 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. 62% of 87 stocks in the same industry do better.
- 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 - 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
BRFS Weekly and Daily overview Charts
BRFS Setup Rating and Analysis
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
BRFS Support and Resistance Analysis
3.28
We found 1 important support area.
- Support @3.31 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important 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.
BRFS Technical Indicator Signal Analysis
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. |
BRFS Chart- and CandleStick Pattern Analysis
BRFS Technicals: Chart, Performance Metrics, Trend & Indicators
3.38
-0.44 (-11.52%)
BRF SA / BRFS TA FAQ
Can you provide the ChartMill technical rating for BRF SA?
ChartMill assigns a technical rating of 2 / 10 to BRFS.
Can you provide the trend direction for BRF SA?
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 BRFS stock?
The short term momentum for BRF SA (BRFS) is neutral.