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Downtrend Broken Resist.Archive - 2/14/2025 - Sign In to see current Signals. |
Brown-Form (BF.B) Technical Analysis
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| Summary:
| | Weekly :     | | Daily : Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the Brown-Form (BF.B). During the week, the BF.B gained 0.31 points, or 1.01%, and closed at 31.15 on Friday, February 14, 2025. Weekly volume was 37% above average. BF.B is a member of Consumer Staples Sector. Consumer Staples is the most oversold sector. BF.B is a member of Distillers & Vintners Industry. Distillers & Vintners is the most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See BF.B long-term trend chart] A long-term downtrend had started on August 17, 2022 at 78.15 and reached 30.48 on February 12, 2025. BF.B lost 47.67 points, or 61.00%, in 130 weeks. Price is near the trend low.
Medium-term trend: [See BF.B medium-term trend chart] A medium-term downtrend had started on December 5, 2024 at 46.15 and reached 30.48 on February 12, 2025. BF.B lost 15.67 points, or 33.95%, in 9 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (30.31) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See BF.B weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since November 8, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See BF.B short-term trend chart] A short-term uptrend had started on February 13, 2025 at 30.76 and reached 32.03 on February 14, 2025. BF.B gained -1.27 points, or -4.13%, in 1 days. The price is now at the 69.29% retracement level.
Daily Technical Indicators: [See BF.B daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. The daily MACD line is above its signal line since January 24, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
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