US stock / ETF

Brown-Forman Corporation

BF.B · NYSE · USD

1 hourBullish75%
1h Upside probability 75%Bullish

BF.B 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $27.04 and reclaim $27.93.

Invalidation Trigger

Lose $27.04 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 59.3, MACD -0.008

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2375 (0.85%)

1h

EMA Structure

Bullish
EMA 8$27.76Bullish
EMA 21$27.62Bullish
EMA 50$27.3Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.3 · MACD -0.008

Momentum is strong

Strength
Bullish
Volatility
ATR $0.2375 · BB 2.11%

Low volatility

Strength
Bullish
Volume
MFI 72.5 · OBV -13.80%

Relative to 20-period average volume

Strength
Range
Price Levels
$27.04 - $27.93

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.05% · 1.2 ATR above latest close

$28.16
Nearest resistance

+0.2% · 0.2 ATR above · 34-bar high

$27.93
Current price

Price shown is delayed

$27.87
Nearest support

-3% · 3.5 ATR below · 34-bar low

$27.04
Deeper support zone

-3.85% · 4.5 ATR below latest close

$26.8
ATR zone

Latest close ± ATR14

$27.63 - $28.11

Indicators

Trend

Dow Theory Structure

Confirmation $27.28, invalidation $27.91

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

16.6 / 28.9 / 22.9Bullish
Supertrend (10,3)

Price is above Supertrend

$27.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$27.57 / $26.6Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Volatility

ATR (14)

Low volatility

$0.2375 (0.85%)Bullish
Bollinger Bands (20,2)

Width 2.11%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$28.03 / $27.23Bullish
ATR channel lower / upper

Current Volatility Envelope

$27.63 / $28.11Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$27.93Range
Support

Nearest Downside Decision Level

$27.04Range

Momentum

RSI (14)

Momentum is strong

59.3Bullish
MACD (12,26,9)

Histogram is negative

-0.008Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.5 / 83.2Bullish
Williams %R (14)

Overbought zone

-8.5Bearish
CCI (20)

Strong expansion

105.3Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

72.5Bullish
OBV slope

20-period OBV slope

-13.80%Bearish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Trend

Dow Theory Structure

Confirmation $27.28, invalidation $27.91

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

16.6 / 28.9 / 22.9Bullish
Supertrend (10,3)

Price is above Supertrend

$27.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$27.57 / $26.6Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Momentum

RSI (14)

Momentum is strong

59.3Bullish
MACD (12,26,9)

Histogram is negative

-0.008Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.5 / 83.2Bullish
Williams %R (14)

Overbought zone

-8.5Bearish
CCI (20)

Strong expansion

105.3Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

Low volatility

$0.2375 (0.85%)Bullish
Bollinger Bands (20,2)

Width 2.11%

81%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$28.03 / $27.23Bullish
ATR channel lower / upper

Current Volatility Envelope

$27.63 / $28.11Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

72.5Bullish
OBV slope

20-period OBV slope

-13.80%Bearish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$27.93Range
Support

Nearest Downside Decision Level

$27.04Range

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