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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 2024-07-31 View latest technical analysis

10 day averaged volume of Brown Forman is 1657830

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	45.16	44.73	45.27	44.23	1.842 times
30 Tue Jul 2024	44.46	44.79	44.79	43.76	1.182 times
29 Mon Jul 2024	45.24	45.55	45.77	44.85	1.012 times
26 Fri Jul 2024	45.77	45.00	45.86	44.62	0.84 times
25 Thu Jul 2024	45.07	44.03	45.40	43.77	1.121 times
24 Wed Jul 2024	43.72	43.47	43.98	43.24	0.854 times
23 Tue Jul 2024	43.50	43.71	43.88	43.46	0.922 times
22 Mon Jul 2024	43.52	44.03	44.03	42.84	0.81 times
19 Fri Jul 2024	43.48	43.92	43.92	42.82	0.741 times
18 Thu Jul 2024	43.74	44.34	44.99	43.62	1.102 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.8, but if it comes below 44.8, then a intra day sell could be more profitable.
If you take a sell trade below 44.8, then use 44.8 as stoploss and 43.7 as target. However if you take a buy trade in stock , then use 44.8 as stoploss and 46.2 as target.

Share price targets for Brown Forman (BF.B)

Target Type	Value
Downside Target	41.42
Downside Target	44.81
Upside Target	45.77
Upside Target	45.86
Upside Target	46.50
Upside Target	47.65
Upside Target	49.55
Upside Target	50.50
Upside Target	52.24
Upside Target	60.97

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

Target Type	Value
Downside Intraday Target	44.02
Downside Intraday Target	42.89
Upside Intraday Target	46.03
Upside Intraday Target	46.91
Downside Intraday Target	44.9

Weekly technical analysis of Brown Forman (BF.B)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	45.16	45.55	45.77	43.76	0.888 times
26 Fri Jul 2024	45.77	44.03	45.86	42.84	0.791 times
19 Fri Jul 2024	43.48	44.33	44.99	42.82	0.958 times
12 Fri Jul 2024	44.17	42.50	44.81	41.42	3.856 times
05 Fri Jul 2024	42.39	42.67	42.78	41.67	0.475 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 Jul 2024	45.16	43.17	45.86	41.42	0.683 times
28 Fri Jun 2024	43.19	45.07	46.50	42.00	1.364 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

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 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 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 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 BUY. 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Brown Forman in short term and BUY signal is strong.

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 44.47 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.