US stock / ETF

Brown-Forman Corporation

BF.B · NYSE · USD

1 monthBearish87%
Monthly Downside probability 87%Bearish

BF.B 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $32.4 and stabilize above resistance $66.93.

Invalidation Trigger

Break above $66.93 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 37.3, MACD 0.878

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $4.35 (15.56%)

Monthly

EMA Structure

Bearish
EMA 8$27.44Bullish
EMA 21$32.4Bearish
EMA 50$45.09Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.3 · MACD 0.878

Momentum is weak

Strength
Range
Volatility
ATR $4.35 · BB 57.70%

High volatility

Strength
Bearish
Volume
MFI 43.2 · OBV -26.40%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$22.61 - $66.93

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+154.94% · 10.0 ATR above latest close

$71.28
Nearest resistance

+139.38% · 9.0 ATR above · 34-bar high

$66.93
Current price

Price shown is delayed

$27.96
Nearest support

-19.13% · 1.2 ATR below · 34-bar low

$22.61
Deeper support zone

-34.69% · 2.2 ATR below latest close

$18.26
ATR zone

Latest close ± ATR14

$23.61 - $32.31

Indicators

Trend

Dow Theory Structure

Confirmation $22.61, invalidation $31.23

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

Trend strength is active

39.4 / 12.7 / 24.0Bearish
Supertrend (10,3)

Price is above Supertrend

$13.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$31.72 / $50.36Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Volatility

ATR (14)

High volatility

$4.35 (15.56%)Bearish
Bollinger Bands (20,2)

Width 57.70%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$40.41 / $23.48Bearish
ATR channel lower / upper

Current Volatility Envelope

$23.61 / $32.31Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$66.93Range
Support

Nearest Downside Decision Level

$22.61Range

Momentum

RSI (14)

Momentum is weak

37.3Bearish
MACD (12,26,9)

Histogram is positive

0.878Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.5 / 27.3Bullish
Williams %R (14)

Neutral zone

-60.5Range
CCI (20)

Balanced zone

-67.5Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.2Bearish
OBV slope

20-period OBV slope

-26.40%Bearish
Volume ratio

Relative to 20-period average volume

0.70xBearish

Trend

Dow Theory Structure

Confirmation $22.61, invalidation $31.23

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

Trend strength is active

39.4 / 12.7 / 24.0Bearish
Supertrend (10,3)

Price is above Supertrend

$13.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$31.72 / $50.36Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Momentum

RSI (14)

Momentum is weak

37.3Bearish
MACD (12,26,9)

Histogram is positive

0.878Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.5 / 27.3Bullish
Williams %R (14)

Neutral zone

-60.5Range
CCI (20)

Balanced zone

-67.5Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$4.35 (15.56%)Bearish
Bollinger Bands (20,2)

Width 57.70%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$40.41 / $23.48Bearish
ATR channel lower / upper

Current Volatility Envelope

$23.61 / $32.31Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.2Bearish
OBV slope

20-period OBV slope

-26.40%Bearish
Volume ratio

Relative to 20-period average volume

0.70xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$66.93Range
Support

Nearest Downside Decision Level

$22.61Range

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