Brown Forman Stock Technical Analysis

BF-B Stock  USD 41.37  0.68  1.67%   
As of the 25th of November, Brown Forman shows the Mean Deviation of 1.09, risk adjusted performance of (0.05), and Standard Deviation of 1.46. Brown Forman technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Brown Forman Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Brown, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Brown
  
Brown Forman's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Brown Forman Analyst Consensus

Target PriceAdvice# of Analysts
69.84Buy17Odds
Brown Forman current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Brown analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Brown stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Brown Forman, talking to its executives and customers, or listening to Brown conference calls.
Brown Analyst Advice Details
Brown Forman technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Brown Forman technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Brown Forman trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Brown Forman Technical Analysis

Indicator
Time Period
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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Brown Forman volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Brown Forman Trend Analysis

Use this graph to draw trend lines for Brown Forman. You can use it to identify possible trend reversals for Brown Forman as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Brown Forman price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Brown Forman Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Brown Forman applied against its price change over selected period. The best fit line has a slop of   0.1  , which may suggest that Brown Forman market price will keep on failing further. It has 122 observation points and a regression sum of squares at 366.06, which is the sum of squared deviations for the predicted Brown Forman price change compared to its average price change.

About Brown Forman Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Brown Forman on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Brown Forman based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Brown Forman price pattern first instead of the macroeconomic environment surrounding Brown Forman. By analyzing Brown Forman's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Brown Forman's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Brown Forman specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Dividend Yield0.02570.01770.0248
Price To Sales Ratio8.215.463.14

Brown Forman November 25, 2024 Technical Indicators

Most technical analysis of Brown help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Brown from various momentum indicators to cycle indicators. When you analyze Brown charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for Brown Stock analysis

When running Brown Forman's price analysis, check to measure Brown Forman's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brown Forman is operating at the current time. Most of Brown Forman's value examination focuses on studying past and present price action to predict the probability of Brown Forman's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brown Forman's price. Additionally, you may evaluate how the addition of Brown Forman to your portfolios can decrease your overall portfolio volatility.
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