(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 2024-03-11 View latest technical analysis
10 day averaged volume of Brown Forman is 2242050
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 55.16 | 54.51 | 55.38 | 54.51 | 0.815 times |
| 08 Fri Mar 2024 | 54.42 | 54.83 | 55.15 | 54.19 | 0.994 times |
| 07 Thu Mar 2024 | 54.60 | 56.26 | 56.34 | 54.01 | 1.337 times |
| 06 Wed Mar 2024 | 56.33 | 56.65 | 57.10 | 54.37 | 1.865 times |
| 05 Tue Mar 2024 | 60.78 | 60.42 | 60.97 | 60.16 | 1.186 times |
| 04 Mon Mar 2024 | 60.26 | 59.82 | 60.77 | 59.74 | 0.831 times |
| 01 Fri Mar 2024 | 60.37 | 59.94 | 60.80 | 59.25 | 0.754 times |
| 29 Thu Feb 2024 | 60.23 | 58.34 | 60.41 | 58.31 | 1.455 times |
| 28 Wed Feb 2024 | 58.49 | 57.56 | 58.71 | 57.11 | 0.516 times |
| 27 Tue Feb 2024 | 57.62 | 56.96 | 57.71 | 56.80 | 0.474 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56, but if it comes above 56, then a intra day buy could be more profitable.
If you take a sell trade below 56, then use 56 as stoploss and 53.9 as target. However if you take a buy trade in stock , then use 56 as stoploss and 57.77 as target.
Share price targets for Brown Forman (BF.B)
| Target Type | Value |
| Downside Target | 53.26 |
| Upside Target | 57.66 |
| Upside Target | 58.39 |
| Upside Target | 59.09 |
| Upside Target | 60.00 |
| Upside Target | 60.41 |
| Upside Target | 60.80 |
| Upside Target | 60.97 |
Intraday share price targets for Brown Forman (BF.B)
| Target Type | Value |
| Downside Intraday Target | 54.65 |
| Downside Intraday Target | 54.15 |
| Upside Intraday Target | 55.52 |
| Upside Intraday Target | 55.89 |
| Downside Intraday Target | 55.02 |
Weekly technical analysis of Brown Forman (BF.B)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 55.16 | 54.51 | 55.38 | 54.51 | 0.131 times |
| 08 Fri Mar 2024 | 54.42 | 59.82 | 60.97 | 54.01 | 1.641 times |
| 01 Fri Mar 2024 | 60.37 | 57.18 | 60.80 | 56.37 | 1.672 times |
| 23 Fri Feb 2024 | 57.49 | 57.82 | 59.09 | 56.84 | 1.029 times |
| 16 Fri Feb 2024 | 57.87 | 56.66 | 58.39 | 56.22 | 0.665 times |
Price has moved up 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 |
| 11 Mon Mar 2024 | 55.16 | 59.94 | 60.97 | 54.01 | 0.644 times |
| 29 Thu Feb 2024 | 60.23 | 54.89 | 60.41 | 54.71 | 0.794 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 |
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 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 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 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 losing 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Brown Forman in short term but BUY signal is weak.
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 57.68 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.
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 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 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 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 losing 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Brown Forman in short term but BUY signal is weak.
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 57.68 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.