Brown Forman Stock Momentum Indicators Average Directional Movement Index Rating

BF-A Stock  USD 45.72  0.20  0.44%   
Brown Forman momentum indicators tool provides the execution environment for running the Average Directional Movement Index Rating indicator and other technical functions against Brown Forman. Brown Forman value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index Rating indicator function is designed to identify and follow existing trends. Momentum indicators of Brown Forman are pattern recognition functions that provide distinct formation on Brown Forman potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Average Directional Movement Index Rating (ADXR) is equal to the current ADX plus the ADX from (N) bars ago divided by 2. It is the average of the two ADX values. The ADXR of Brown Forman is less responsive then the ADX, and filters out excessive tops and bottoms. To interpret Brown Forman ADXR value, consider a high number to be a strong trend, and a low number, a weak trend.

Brown Forman Technical Analysis Modules

Most technical analysis of Brown Forman help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Brown from various momentum indicators to cycle indicators. When you analyze Brown charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Brown Forman Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Brown Forman. We use our internally-developed statistical techniques to arrive at the intrinsic value of Brown Forman based on widely used predictive technical indicators. In general, we focus on analyzing Brown Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Brown Forman's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Brown Forman's intrinsic value. In addition to deriving basic predictive indicators for Brown Forman, we also check how macroeconomic factors affect Brown Forman price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2023 2024 (projected)
Dividend Yield0.02570.01770.0248
Price To Sales Ratio8.215.463.14
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brown Forman's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
44.4845.7346.98
Details
Intrinsic
Valuation
LowRealHigh
44.6745.9247.17
Details
Naive
Forecast
LowNextHigh
44.2745.5246.77
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
45.0846.0346.98
Details

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Brown Forman financial ratios help investors to determine whether Brown Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Brown with respect to the benefits of owning Brown Forman security.