Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-01-16 View latest technical analysis

10 day averaged volume of Brown Forman is 1342110

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	54.56	55.48	55.55	54.11	1.126 times
12 Fri Jan 2024	55.78	55.81	56.22	55.41	0.966 times
12 Fri Jan 2024	55.78	55.81	56.22	55.41	0.966 times
11 Thu Jan 2024	55.51	55.41	55.59	54.34	1.234 times
10 Wed Jan 2024	55.59	55.56	55.84	55.01	0.946 times
09 Tue Jan 2024	55.56	55.09	55.56	54.75	0.948 times
08 Mon Jan 2024	55.69	55.38	55.69	55.07	0.953 times
05 Fri Jan 2024	55.09	55.52	55.95	54.64	0.837 times
04 Thu Jan 2024	55.84	55.99	56.34	55.72	0.869 times
03 Wed Jan 2024	55.77	56.52	56.68	55.32	1.105 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 54.1, for a target of 55.4 or 56.5

Share price targets for Brown Forman (BF.B)

Target Type	Value
Downside Target	52.59
Upside Target	56.23
Upside Target	56.96
Upside Target	57.54
Upside Target	57.66
Upside Target	58.33
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	53.93
Downside Intraday Target	53.3
Upside Intraday Target	55.37
Upside Intraday Target	56.18
Upside Intraday Target	54.74

Weekly technical analysis of Brown Forman (BF.B)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	54.56	55.48	55.55	54.11	1.166 times
12 Fri Jan 2024	55.78	55.81	56.22	55.41	0.191 times
12 Fri Jan 2024	55.78	55.38	56.22	54.34	1.266 times
05 Fri Jan 2024	55.09	56.94	57.66	54.64	4.902 times
29 Fri Dec 2023	57.10	57.20	57.54	56.96	0.171 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
16 Tue Jan 2024	54.56	56.94	57.66	54.11	0.377 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 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 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 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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 and selling is picking up 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 55.51 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.