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 2024-06-13 View latest technical analysis

10 day averaged volume of Brown Forman is 3522590

Date	Daily Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	42.83	42.53	42.99	42.12	0.639 times
12 Wed Jun 2024	42.91	43.50	43.78	42.60	0.661 times
11 Tue Jun 2024	43.18	42.83	43.19	42.00	0.665 times
10 Mon Jun 2024	42.91	43.49	43.65	42.51	0.713 times
07 Fri Jun 2024	43.89	43.46	44.49	43.46	0.725 times
06 Thu Jun 2024	43.92	43.15	44.48	43.13	0.95 times
05 Wed Jun 2024	43.04	46.02	46.44	42.72	1.608 times
04 Tue Jun 2024	45.74	45.91	46.22	45.63	0.641 times
03 Mon Jun 2024	46.09	45.07	46.50	45.05	0.619 times
31 Fri May 2024	45.86	44.25	45.94	43.55	2.622 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 43.4, but if it comes above 43.4, then a intra day buy could be more profitable.
If you take a sell trade below 43.4, then use 43.4 as stoploss and 41.2 as target. However if you take a buy trade in stock , then use 43.4 as stoploss and 45.23 as target.

Share price targets for Brown Forman (BF.B)

Target Type	Value
Downside Target	42.00
Upside Target	45.67
Upside Target	47.65
Upside Target	48.27
Upside Target	49.55
Upside Target	50.50
Upside Target	52.24
Upside Target	54.71
Upside Target	60.41
Upside Target	60.97

Intraday share price targets for Brown Forman (BF.B)

Target Type	Value
Downside Intraday Target	41.96
Downside Intraday Target	41.09
Upside Intraday Target	43.74
Upside Intraday Target	44.65
Upside Intraday Target	42.87

Weekly technical analysis of Brown Forman (BF.B)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	42.83	43.49	43.78	42.00	0.589 times
07 Fri Jun 2024	43.89	45.07	46.50	42.72	0.957 times
31 Fri May 2024	45.86	45.63	45.94	43.55	2.177 times
24 Fri May 2024	45.76	48.24	48.27	45.67	0.843 times
17 Fri May 2024	48.47	49.12	49.55	47.41	1.293 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
13 Thu Jun 2024	42.83	45.07	46.50	42.00	0.569 times
31 Fri May 2024	45.86	47.50	49.55	43.55	1.086 times
30 Tue Apr 2024	47.85	51.31	52.24	47.65	0.991 times
28 Thu Mar 2024	51.62	59.94	60.97	50.50	1.534 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 weakening, and bulls 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 but selling is losing 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 44.28 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.