BRF Price Prediction, VanEck Brazil Small-Cap ETF AI Recommendations
BRF sees MACD Histogram crosses below signal line
BRF saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on June 08, 2022. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 42 instances where the indicator turned negative. In 38 of the 42 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 90%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on June 07, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on BRF as a result. In of 86 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The 50-day moving average for BRF moved below the 200-day moving average on June 21, 2022. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BRF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for BRF entered a downward trend on July 01, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 17 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
BRF may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
View a ticker or compare two or three
General Information
Category LatinAmericaStock
Interesting Tickers
BRF and
Correlation & Price change
A.I.dvisor tells us that BRF and EWZS have been poorly correlated (+11% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that BRF and EWZS's prices will move in lockstep.
| Ticker / NAME | Correlation To BRF | 1D Price Change % |
|---|---|---|
| BRF | 100% | -1.52% |
| EWZS - BRF | 11% Poorly correlated | -0.43% |
| ILF - BRF | 9% Poorly correlated | -0.47% |
| EWZ - BRF | 8% Poorly correlated | -1.20% |
| FLBR - BRF | 5% Poorly correlated | -1.02% |
| FLN - BRF | 2% Poorly correlated | -1.35% |