US stock / ETF

Brown-Forman Corporation

BF.B · NYSE · USD

3 monthsBearish57%
3M Downside probability 57%Bearish

BF.B 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $50.48 and stabilize above resistance $83.21.

Invalidation Trigger

Break above $83.21 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

3M
Momentum StateRange
Momentum mixed

RSI 27.4, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $8.7 (31.13%)

3M

EMA Structure

Range
EMA 8$32.85Bearish
EMA 21$50.48Bearish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 27.4 · MACD --

Momentum is weak

Strength
Range
Volatility
ATR $8.7 · BB 134.93%

High volatility

Strength
Bearish
Volume
MFI 20.1 · OBV -16574.49%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$22.61 - $83.21

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+228.72% · 7.3 ATR above latest close

$91.91
Nearest resistance

+197.59% · 6.3 ATR above · 24-bar high

$83.21
Current price

Price shown is delayed

$27.96
Nearest support

-19.13% · 0.6 ATR below · 24-bar low

$22.61
Deeper support zone

-50.27% · 1.6 ATR below latest close

$13.91
ATR zone

Latest close ± ATR14

$19.26 - $36.66

Indicators

Trend

Dow Theory Structure

Confirmation $22.61, invalidation $31.9

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$2.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Volatility

ATR (14)

High volatility

$8.7 (31.13%)Bearish
Bollinger Bands (20,2)

Width 134.93%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$66.01 / $31.97Bearish
ATR channel lower / upper

Current Volatility Envelope

$19.26 / $36.66Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$83.21Range
Support

Nearest Downside Decision Level

$22.61Range

Momentum

RSI (14)

Momentum is weak

27.4Bearish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

11.0 / 6.5Bullish
Williams %R (14)

Oversold zone

-89.0Bullish
CCI (20)

Weak expansion

-102.1Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

20.1Bearish
OBV slope

20-period OBV slope

-16574.49%Bearish
Volume ratio

Relative to 20-period average volume

1.89xBullish

Trend

Dow Theory Structure

Confirmation $22.61, invalidation $31.9

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$2.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Momentum

RSI (14)

Momentum is weak

27.4Bearish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

11.0 / 6.5Bullish
Williams %R (14)

Oversold zone

-89.0Bullish
CCI (20)

Weak expansion

-102.1Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$8.7 (31.13%)Bearish
Bollinger Bands (20,2)

Width 134.93%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$66.01 / $31.97Bearish
ATR channel lower / upper

Current Volatility Envelope

$19.26 / $36.66Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

20.1Bearish
OBV slope

20-period OBV slope

-16574.49%Bearish
Volume ratio

Relative to 20-period average volume

1.89xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$83.21Range
Support

Nearest Downside Decision Level

$22.61Range

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