The Greedy Trader Weekly Analysis
Sign In Apr 5, 2024
Skip Navigation Links
Share
Number of records: 1
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

S&P 500 Oversold Stocks

Archive
- 3/28/2024 -
Sign In to see current Signals.

Brown-Form (BF.B) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range is oversoldRelative Strength Index and Lane's Stochastic bullish divergence
Daily :Williams' Percentage Range is oversoldStochastic has raised above the signal lineBearish Dark Cloud Cover CandlestickThe period of high volatility of the stock price
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 0.72 points, or 1.41%, and closed at 51.62 on Thursday, March 28, 2024. Weekly volume was 22% above average.

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 50.50 on March 25, 2024. BF.B lost 27.65 points, or 35.38%, in 83 weeks. Price is near the trend low.

Medium-term trend: [See BF.B medium-term trend chart]
A medium-term downtrend had started on March 5, 2024 at 60.97 and reached 50.50 on March 25, 2024. BF.B lost 10.47 points, or 17.17%, in 2 weeks. The price is now at the 10.70% retracement level.

Weekly Technical Indicators: [See BF.B weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. Weekly Relative Strength Index and Lane's Stochastic have bullish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is below its signal line since March 15, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. 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 March 25, 2024 at 50.50 and reached 52.45 on March 28, 2024. BF.B gained -1.95 points, or -3.86%, in 3 days. The price is now at the 42.56% retracement level.

Daily Technical Indicators: [See BF.B daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. 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 below its signal line since March 6, 2024. The distance between MACD and the signal line is low and getting smaller.

The distance between the Bollinger Bands is 155.20% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Candlestick pattern: [See BF.B candlestick chart pattern]
On Friday the chart has formed a Bearish Dark Cloud Cover Candlestick pattern. Bearish Dark Cloud Cover pattern is a trend reversal indicator which signifies the end of an uptrend and the start of a downtrend. The reliability of the Bearish Dark Cloud Cover pattern is considered a highly reliable pattern of market reversalUse the Technical Stock Screener to see the list of stocks that had a Bearish Dark Cloud Cover Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 31.23
Williams' Percentage Range (W%R) 82.70
Oversold
Lane's Stochastic (%D-Slow) 20.81
Greed/Fear Indicator (GFI) 23.11
Moving Average Converg./Diverg. (MACD) -1.34
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 35.92
Bullish
Williams' Percentage Range (W%R) 82.70
Oversold
Lane's Stochastic (%D-Slow) 33.18
Bullish
Greed/Fear Indicator (GFI) 31.27
Moving Average Converg./Diverg. (MACD) -1.69 Bullish
Trading Signals
Description Value Chart
Upper Bollinger Band 59.64
50 Day Moving Average 55.73
20 Day Moving Average 54.13
Weekly Stochastic Crossing 52.81
Parabolic System 52.50
Price 51.62
Daily Stochastic Crossing 51.06
Lower Bollinger Band 47.47
Sector and Industry
Description Name Rank
Sector Consumer Staples 5
Industry Distillers & Vintners 28
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 50.50
Low Date 03/25/2024
High 52.45
High Date 03/28/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 50.50
Low Date 03/25/2024
High 52.45
High Date 03/28/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 60.97
High Date 03/05/2024
Low 50.50
Low Date 03/25/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 71.27
High Date 08/02/2023
Low 50.50
Low Date 03/25/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 78.15
High Date 08/17/2022
Low 50.50
Low Date 03/25/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.