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(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 2024-01-02 View latest technical analysis

10 day averaged volume of Brown Forman is 1489130

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jan 2024	56.85	56.94	57.66	56.57	1.061 times
29 Fri Dec 2023	57.10	57.20	57.54	56.96	0.733 times
29 Fri Dec 2023	57.10	57.20	57.54	56.96	0.733 times
28 Thu Dec 2023	57.35	57.10	57.68	57.06	1.74 times
27 Wed Dec 2023	57.29	57.61	57.73	57.00	1.151 times
26 Tue Dec 2023	57.69	57.63	57.84	57.19	0.672 times
22 Fri Dec 2023	57.73	57.75	58.08	57.12	0.718 times
21 Thu Dec 2023	57.54	57.47	57.95	56.71	0.842 times
20 Wed Dec 2023	57.00	59.24	59.24	56.79	1.143 times
19 Tue Dec 2023	59.09	58.47	59.15	58.19	1.06 times

My analysis of stock is bearish for shortterm, and stock might move down till 55.8 or till 54.1. Use a stoploss of 57.15 and if the stock hits stoploss, then it can shoot up till 58.54

Share price targets for Brown Forman (BF.B)

Target Type	Value
Downside Target	52.59
Downside Target	54.88
Upside Target	57.66
Upside Target	57.84
Upside Target	58.33
Upside Target	58.67
Upside Target	59.24
Upside Target	60.00
Upside Target	60.80
Upside Target	66.96

Intraday share price targets for Brown Forman (BF.B)

Target Type	Value
Downside Intraday Target	56.39
Downside Intraday Target	55.94
Upside Intraday Target	57.48
Upside Intraday Target	58.12
Upside Intraday Target	57.03

Weekly technical analysis of Brown Forman (BF.B)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jan 2024	56.85	56.94	57.66	56.57	1.447 times
29 Fri Dec 2023	57.10	57.20	57.54	56.96	0.171 times
29 Fri Dec 2023	57.10	57.63	57.84	56.96	0.864 times
22 Fri Dec 2023	57.73	57.73	59.24	56.71	0.662 times
15 Fri Dec 2023	57.33	54.95	58.67	54.88	0.946 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
02 Tue Jan 2024	56.85	56.94	57.66	56.57	0.04 times
29 Fri Dec 2023	57.10	58.63	60.80	53.26	1.251 times
30 Thu Nov 2023	58.74	56.22	60.00	55.60	0.869 times
31 Tue Oct 2023	56.16	57.50	58.33	52.59	0.984 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Brown Forman ( (BF.B) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Brown Forman stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Brown Forman in short term and the sell signal is strong.

Brown Forman Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

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 positive zone. This is a BUY 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 57.47 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.