(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 2024-02-09 View latest technical analysis
10 day averaged volume of Brown Forman is 1772630
Date | Daily Closing Price | Open | High | Low | Volume |
09 Fri Feb 2024 | 56.57 | 56.85 | 56.90 | 56.32 | 0.491 times |
08 Thu Feb 2024 | 56.93 | 57.05 | 57.46 | 56.60 | 0.627 times |
07 Wed Feb 2024 | 57.13 | 57.13 | 57.25 | 56.50 | 0.681 times |
06 Tue Feb 2024 | 56.91 | 56.35 | 57.08 | 56.19 | 0.758 times |
05 Mon Feb 2024 | 56.43 | 56.64 | 56.64 | 55.55 | 1.632 times |
02 Fri Feb 2024 | 56.80 | 56.65 | 57.10 | 56.05 | 0.602 times |
01 Thu Feb 2024 | 57.03 | 54.89 | 57.18 | 54.71 | 1.006 times |
31 Wed Jan 2024 | 54.90 | 56.12 | 56.27 | 54.50 | 1.73 times |
30 Tue Jan 2024 | 56.11 | 56.08 | 56.63 | 55.77 | 0.964 times |
29 Mon Jan 2024 | 56.48 | 56.00 | 56.69 | 54.91 | 0.828 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 56.8 as stoploss in an intra day sell trade for a target of 55.74. However, stock will show a bullish move above 56.8.
Share price targets for Brown Forman (BF.B)
Target Type | Value |
Downside Target | 52.59 |
Downside Target | 56.22 |
Upside Target | 57.18 |
Upside Target | 57.46 |
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 | 55.59 |
Downside Intraday Target | 54.62 |
Upside Intraday Target | 57.5 |
Upside Intraday Target | 58.44 |
Downside Intraday Target | 56.53 |
Weekly technical analysis of Brown Forman (BF.B)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Fri Feb 2024 | 56.57 | 56.64 | 57.46 | 55.55 | 0.816 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 |
09 Fri Feb 2024 | 56.57 | 54.89 | 57.46 | 54.71 | 0.301 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 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 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 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 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 and the buy signal is strong.
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 tired and bears are picking up momentum.
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Brown Forman is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 56.34 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 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 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 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 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 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 and the buy signal is strong.
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 tired and bears are picking up momentum.
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Brown Forman is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 56.34 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 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.