The Greedy Trader Weekly Analysis
Sign In Apr 26, 2024
Skip Navigation Links
Share
Number of records: 0
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

Archive
- 4/19/2024 -
Sign In to see current Signals.

Brown-Form (BF.B) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Williams' Percentage Range and Lane's Stochastic are oversoldRelative Strength Index bullish divergence
Daily :Williams' Percentage Range and Lane's Stochastic are oversoldStochastic has raised above the signal lineThe price has risen above the Parabolic SAR
Move cursor over the icon to see details.

It was the negative week for the Brown-Form (BF.B). During the week, the BF.B gave back -0.37 points, or -0.75%, and closed at 49.06 on Friday, April 19, 2024. Weekly volume was 52% 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 48.45 on April 16, 2024. BF.B lost 29.70 points, or 38.00%, in 86 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 48.45 on April 16, 2024. BF.B lost 12.52 points, or 20.53%, in 6 weeks. Price is near the trend low.

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. Weekly Relative Strength Index has bullish divergence. Use the following links to access the Relative Strength Index help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index 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. 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 April 16, 2024 at 48.45 and reached 49.63 on April 19, 2024. BF.B gained -1.18 points, or -2.44%, in 3 days. The price is now at the 48.31% retracement level.

Daily Technical Indicators: [See BF.B daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. 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 April 18, 2024. 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.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 33.77
Williams' Percentage Range (W%R) 86.20
Oversold
Lane's Stochastic (%D-Slow) 16.45
Oversold
Greed/Fear Indicator (GFI) 21.33
Moving Average Converg./Diverg. (MACD) -1.36
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 33.94
Bullish
Williams' Percentage Range (W%R) 95.60
Strong Oversold
Lane's Stochastic (%D-Slow) 5.02
Strong Oversold
Greed/Fear Indicator (GFI) 17.42
Oversold
Moving Average Converg./Diverg. (MACD) -1.98 Bullish
Trading Signals
Description Value Chart
50 Day Moving Average 54.05
Upper Bollinger Band 52.72
20 Day Moving Average 50.47
Weekly Stochastic Crossing 49.10
Price 49.06
Daily Stochastic Crossing 48.90
Lower Bollinger Band 48.74
Parabolic System 48.40
Sector and Industry
Description Name Rank
Sector Consumer Staples 7
Industry Distillers & Vintners 32
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 48.45
Low Date 04/16/2024
High 49.63
High Date 04/19/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 48.45
Low Date 04/16/2024
High 49.63
High Date 04/19/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 60.97
High Date 03/05/2024
Low 48.45
Low Date 04/16/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 71.27
High Date 08/02/2023
Low 48.45
Low Date 04/16/2024
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 78.15
High Date 08/17/2022
Low 48.45
Low Date 04/16/2024
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.