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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 2024-01-31 View latest technical analysis

10 day averaged volume of Brown Forman is 1611860

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	54.90	56.12	56.27	54.50	1.903 times
30 Tue Jan 2024	56.11	56.08	56.63	55.77	1.06 times
29 Mon Jan 2024	56.48	56.00	56.69	54.91	0.91 times
26 Fri Jan 2024	56.69	57.55	57.64	56.57	1.289 times
25 Thu Jan 2024	55.71	54.93	55.71	54.59	1.145 times
24 Wed Jan 2024	54.56	55.22	55.42	54.53	1.436 times
23 Tue Jan 2024	55.04	54.25	55.25	54.11	0.793 times
22 Mon Jan 2024	53.99	54.54	54.81	53.81	0.755 times
19 Fri Jan 2024	54.60	54.62	54.92	53.81	0.864 times
18 Thu Jan 2024	54.54	53.93	54.60	53.68	0.798 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 54.6 as stoploss in an intra day buy trade for a target of 55.3. However, stock will show a bearish move below 54.6.

Share price targets for Brown Forman (BF.B)

Target Type	Value
Downside Target	52.59
Upside Target	56.22
Upside Target	56.23
Upside Target	56.69
Upside Target	57.64
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	54.04
Downside Intraday Target	53.17
Upside Intraday Target	56.23
Upside Intraday Target	57.55
Upside Intraday Target	55.36

Weekly technical analysis of Brown Forman (BF.B)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	54.90	56.00	56.69	54.50	0.715 times
26 Fri Jan 2024	56.69	54.54	57.64	53.81	1.526 times
19 Fri Jan 2024	54.60	55.48	55.55	53.66	4.415 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

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
31 Wed Jan 2024	54.90	56.94	57.66	53.66	0.861 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 BUY signal for Brown Forman in short term but the buy signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

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 55.3 and Brown Forman (BF.B) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.