BRF Technical Analysis (NYSE:BRFS)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The BRFS stock chart pattern can give those who understand technical analysis an indication of which way BRFS stock is headed, but cannot predict with 100% certainty as to what can happen to the BRF stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for BRF. The technical analysis form of BRF stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
BRF Moving Average
Moving averages show the average price of BRFS stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for BRF are mostly signals of long term trends and will help long term traders.
BRF Bollinger Bands
Bollinger bands comprise of a center line usually BRFS SMA, and two BRFS stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $7.22 is in the lower range of BRF bollinger bands.
BRF Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The BRF MACD indicator is below 0 indicating a bearish trend.
BRF Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. The relative strength index of BRFS stock is 41.4.