(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 2024-02-05 View latest technical analysis
10 day averaged volume of Brown Forman is 1782600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Feb 2024 | 56.43 | 56.64 | 56.64 | 55.55 | 1.623 times |
| 02 Fri Feb 2024 | 56.80 | 56.65 | 57.10 | 56.05 | 0.599 times |
| 01 Thu Feb 2024 | 57.03 | 54.89 | 57.18 | 54.71 | 1.001 times |
| 31 Wed Jan 2024 | 54.90 | 56.12 | 56.27 | 54.50 | 1.721 times |
| 30 Tue Jan 2024 | 56.11 | 56.08 | 56.63 | 55.77 | 0.958 times |
| 29 Mon Jan 2024 | 56.48 | 56.00 | 56.69 | 54.91 | 0.823 times |
| 26 Fri Jan 2024 | 56.69 | 57.55 | 57.64 | 56.57 | 1.166 times |
| 25 Thu Jan 2024 | 55.71 | 54.93 | 55.71 | 54.59 | 1.035 times |
| 24 Wed Jan 2024 | 54.56 | 55.22 | 55.42 | 54.53 | 1.299 times |
| 23 Tue Jan 2024 | 55.04 | 54.25 | 55.25 | 54.11 | 0.717 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 56.4, but if it comes below 56.4, then a intra day sell could be more profitable.
If you take a sell trade below 56.4, then use 56.4 as stoploss and 55.48 as target. However if you take a buy trade in stock , then use 56.4 as stoploss and 57.5 as target.
Share price targets for Brown Forman (BF.B)
| Target Type | Value |
| Downside Target | 52.59 |
| Downside Target | 56.22 |
| Upside Target | 56.64 |
| Upside Target | 57.18 |
| Upside Target | 57.64 |
| Upside Target | 57.66 |
| Upside Target | 58.33 |
| Upside Target | 60.00 |
| Upside Target | 60.80 |
Intraday share price targets for Brown Forman (BF.B)
| Target Type | Value |
| Downside Intraday Target | 55.77 |
| Downside Intraday Target | 55.12 |
| Upside Intraday Target | 56.86 |
| Upside Intraday Target | 57.3 |
| Downside Intraday Target | 56.21 |
Weekly technical analysis of Brown Forman (BF.B)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Feb 2024 | 56.43 | 56.64 | 56.64 | 55.55 | 0.318 times |
| 02 Fri Feb 2024 | 56.80 | 56.00 | 57.18 | 54.50 | 1.041 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 |
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 |
| 05 Mon Feb 2024 | 56.43 | 54.89 | 57.18 | 54.71 | 0.168 times |
| 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 |
Scroll below to view daily charts
Price has moved up 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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Brown Forman ( (BF.B) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Brown Forman in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 55.89 and Brown Forman (BF.B) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
Price action analysis of Brown Forman ( (BF.B) ) based on a short 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Brown Forman ( (BF.B) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Brown Forman in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 55.89 and Brown Forman (BF.B) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.