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BRF S.A. (ADR) common stock (BRFS) Stock: What Does the Chart Say Friday?

Friday, November 24, 2023 01:12 PM | InvestorsObserver Analysts

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BRF S.A. (ADR) common stock (BRFS) Stock: What Does the Chart Say Friday?

The market has been high on BRF S.A. (ADR) common stock (BRFS) stock recently. BRFS gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
BRF S.A. (ADR) common stock has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on BRFS!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With BRFS Stock Today?

BRF S.A. (ADR) common stock (BRFS) stock is down -1.22% while the S&P 500 has gained 0.06% as of 1:00 PM on Friday, Nov 24. BRFS is lower by -$0.04 from the previous closing price of $2.87 on volume of 1,240,627 shares. Over the past year the S&P 500 has risen 13.21% while BRFS has gained 45.88%. BRFS lost -$0.67 per share in the over the last 12 months.

More About BRF S.A. (ADR) common stock

BRF SA is an international producer of fresh and frozen protein foods. The firm's segments are In natura (poultry, pork, bovine, and other), Processed foods, and Other sales. The product portfolio includes marinated, frozen, whole and cut meat, specialty meats, portioned products, and frozen prepared entrees. The company also offers margarine, sweet specialties, sandwiches, mayonnaise, and animal feed. Its most well-known brands are Sadia, Chester, Perdix, Paty, Perdigao, and Qualy. Internationally, the portfolio's leading brand is Sadia, which is present in multiple categories in Middle Eastern countries. Geographically, sales are distributed evenly between Brazil and international markets. Click Here to get the full Stock Report for BRF S.A. (ADR) common stock stock.

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