US stock / ETF

Brown-Forman Corporation

BF.B · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

BF.B 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $24.68 and reclaim $27.93.

Invalidation Trigger

Lose $24.68 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 63.3, MACD 0.068

4h
Volatility EnvironmentRange
Low volatility

ATR is $0.5318 (1.91%)

4h

EMA Structure

Bullish
EMA 8$27.6Bullish
EMA 21$27.14Bullish
EMA 50$26.71Bullish

Signals

CategoryReadStrength
Momentum
RSI 63.3 · MACD 0.068

Momentum is strong

Strength
Bullish
Volatility
ATR $0.5318 · BB 9.11%

Low volatility

Strength
Range
Volume
MFI 64.5 · OBV -0.43%

Relative to 20-period average volume

Strength
Range
Price Levels
$24.68 - $27.93

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.11% · 1.1 ATR above latest close

$28.46
Nearest resistance

+0.2% · 0.1 ATR above · 34-bar high

$27.93
Current price

Price shown is delayed

$27.87
Nearest support

-11.46% · 6.0 ATR below · 34-bar low

$24.68
Deeper support zone

-13.37% · 7.0 ATR below latest close

$24.14
ATR zone

Latest close ± ATR14

$27.34 - $28.4

Indicators

Trend

Dow Theory Structure

Confirmation $27.93, invalidation $27.28

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

12.2 / 29.9 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

$26.42Bullish
Ichimoku Cloud

Cloud Span A / Span B

$27.07 / $26.3Bullish
Donchian Channel (20)

20-period breakout channel position

98%Bullish

Volatility

ATR (14)

Low volatility

$0.5318 (1.91%)Range
Bollinger Bands (20,2)

Width 9.11%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$28.11 / $26.23Range
ATR channel lower / upper

Current Volatility Envelope

$27.34 / $28.4Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$27.93Range
Support

Nearest Downside Decision Level

$24.68Range

Momentum

RSI (14)

Momentum is strong

63.3Bullish
MACD (12,26,9)

Histogram is positive

0.068Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

97.9 / 93.2Bullish
Williams %R (14)

Overbought zone

-2.1Bearish
CCI (20)

Strong expansion

113.5Bullish
TD Sequential

Exhaustion setup is near completion

sell 11Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

64.5Bullish
OBV slope

20-period OBV slope

-0.43%Bearish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Trend

Dow Theory Structure

Confirmation $27.93, invalidation $27.28

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

12.2 / 29.9 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

$26.42Bullish
Ichimoku Cloud

Cloud Span A / Span B

$27.07 / $26.3Bullish
Donchian Channel (20)

20-period breakout channel position

98%Bullish

Momentum

RSI (14)

Momentum is strong

63.3Bullish
MACD (12,26,9)

Histogram is positive

0.068Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

97.9 / 93.2Bullish
Williams %R (14)

Overbought zone

-2.1Bearish
CCI (20)

Strong expansion

113.5Bullish
TD Sequential

Exhaustion setup is near completion

sell 11Bearish

Volatility

ATR (14)

Low volatility

$0.5318 (1.91%)Range
Bollinger Bands (20,2)

Width 9.11%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$28.11 / $26.23Range
ATR channel lower / upper

Current Volatility Envelope

$27.34 / $28.4Range

Volume / Money Flow

MFI (14)

Money flow is strong

64.5Bullish
OBV slope

20-period OBV slope

-0.43%Bearish
Volume ratio

Relative to 20-period average volume

0.55xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$27.93Range
Support

Nearest Downside Decision Level

$24.68Range

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