(BF.B) Brown Forman complete technical analysis [charts+indicators] | Buy/Sell Brown Forman | (BF.B) share price targets
Complete technical analysis of Brown Forman (BF.B) by charts plus indicators, forecast predictions and share price targets for Brown Forman (BF.B)
Brown Forman trades in USA in N A sector.
Showing technical analysis as on 2024-05-07 View latest technical analysis
10 day averaged volume of Brown Forman is 1561800
Date | Daily Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 47.51 | 47.30 | 47.56 | 46.90 | 0.68 times |
06 Mon May 2024 | 46.92 | 48.25 | 48.30 | 46.86 | 0.9 times |
03 Fri May 2024 | 47.92 | 48.11 | 48.60 | 47.62 | 0.857 times |
02 Thu May 2024 | 47.49 | 47.60 | 47.70 | 47.32 | 0.765 times |
01 Wed May 2024 | 47.31 | 47.50 | 47.83 | 47.06 | 1.047 times |
30 Tue Apr 2024 | 47.85 | 48.50 | 48.70 | 47.65 | 1.872 times |
29 Mon Apr 2024 | 48.69 | 48.13 | 48.86 | 48.13 | 0.878 times |
26 Fri Apr 2024 | 48.13 | 48.12 | 48.53 | 47.93 | 0.639 times |
25 Thu Apr 2024 | 48.11 | 48.98 | 49.00 | 47.84 | 1.082 times |
24 Wed Apr 2024 | 49.01 | 49.00 | 49.14 | 48.53 | 1.051 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.7, but if it comes above 47.7, then a intra day buy could be more profitable.
If you take a sell trade below 47.7, then use 47.7 as stoploss and 46.6 as target. However if you take a buy trade in stock , then use 47.7 as stoploss and 48.63 as target.
Share price targets for Brown Forman (BF.B)
Target Type | Value |
Downside Target | 46.86 |
Upside Target | 50.06 |
Upside Target | 50.50 |
Upside Target | 51.15 |
Upside Target | 52.24 |
Upside Target | 53.66 |
Upside Target | 54.71 |
Upside Target | 57.66 |
Upside Target | 60.41 |
Upside Target | 60.97 |
Intraday share price targets for Brown Forman (BF.B)
Target Type | Value |
Downside Intraday Target | 46.81 |
Downside Intraday Target | 46.12 |
Upside Intraday Target | 48.25 |
Upside Intraday Target | 49 |
Upside Intraday Target | 47.56 |
Weekly technical analysis of Brown Forman (BF.B)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 47.51 | 48.25 | 48.30 | 46.86 | 0.292 times |
03 Fri May 2024 | 47.92 | 48.13 | 48.86 | 47.06 | 1.139 times |
26 Fri Apr 2024 | 48.13 | 49.35 | 49.51 | 47.84 | 0.661 times |
19 Fri Apr 2024 | 49.06 | 49.96 | 50.06 | 48.45 | 1.188 times |
12 Fri Apr 2024 | 49.43 | 50.92 | 51.15 | 49.21 | 1.083 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Brown Forman (BF.B)
Date | Monthly Closing Price | Open | High | Low | Volume |
07 Tue May 2024 | 47.51 | 47.50 | 48.60 | 46.86 | 0.161 times |
30 Tue Apr 2024 | 47.85 | 51.31 | 52.24 | 47.65 | 0.991 times |
28 Thu Mar 2024 | 51.62 | 59.94 | 60.97 | 50.50 | 1.534 times |
29 Thu Feb 2024 | 60.23 | 54.89 | 60.41 | 54.71 | 0.794 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Brown Forman (BF.B)
Price action analysis of Brown Forman ( (BF.B) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Brown Forman ( (BF.B) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Brown Forman ( (BF.B) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Brown Forman ( (BF.B) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Brown Forman stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Brown Forman in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Brown Forman Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Brown Forman in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Brown Forman is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 47.91 and Brown Forman (BF.B) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Brown Forman (BF.B) stock. Volume based technical analysis of Brown Forman (BF.B) stock is negative.
Brown Forman Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Brown Forman ( (BF.B) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Brown Forman ( (BF.B) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Brown Forman ( (BF.B) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Brown Forman ( (BF.B) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Brown Forman stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Brown Forman in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Brown Forman Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Brown Forman in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Brown Forman is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 47.91 and Brown Forman (BF.B) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Brown Forman (BF.B) stock. Volume based technical analysis of Brown Forman (BF.B) stock is negative.
Brown Forman Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.