(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 2024-01-17 View latest technical analysis
10 day averaged volume of Brown Forman is 1335360
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Jan 2024 | 54.03 | 54.15 | 54.39 | 53.66 | 1.146 times |
| 16 Tue Jan 2024 | 54.56 | 55.48 | 55.55 | 54.11 | 1.132 times |
| 12 Fri Jan 2024 | 55.78 | 55.81 | 56.22 | 55.41 | 0.971 times |
| 12 Fri Jan 2024 | 55.78 | 55.81 | 56.22 | 55.41 | 0.971 times |
| 11 Thu Jan 2024 | 55.51 | 55.41 | 55.59 | 54.34 | 1.241 times |
| 10 Wed Jan 2024 | 55.59 | 55.56 | 55.84 | 55.01 | 0.951 times |
| 09 Tue Jan 2024 | 55.56 | 55.09 | 55.56 | 54.75 | 0.953 times |
| 08 Mon Jan 2024 | 55.69 | 55.38 | 55.69 | 55.07 | 0.958 times |
| 05 Fri Jan 2024 | 55.09 | 55.52 | 55.95 | 54.64 | 0.841 times |
| 04 Thu Jan 2024 | 55.84 | 55.99 | 56.34 | 55.72 | 0.873 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 53.9, for a target of 55.2 or 56.24
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 | 53.28 |
| Downside Intraday Target | 52.52 |
| Upside Intraday Target | 55.17 |
| Upside Intraday Target | 56.3 |
| Upside Intraday Target | 54.41 |
Weekly technical analysis of Brown Forman (BF.B)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Jan 2024 | 54.03 | 55.48 | 55.55 | 53.66 | 2.348 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Brown Forman (BF.B)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Wed Jan 2024 | 54.03 | 56.94 | 57.66 | 53.66 | 0.416 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Brown Forman ( (BF.B) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 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 55.31 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Brown Forman ( (BF.B) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 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 55.31 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.