BERKSHIRE HATHAWAY INC-CL B (BRK.B)

US0846707026 - Common Stock

404.92  +4.05 (+1.01%)

After market: 404.25 -0.67 (-0.17%)

Technical Rating and Analysis

6

Overall BRK.B gets a technical rating of 6 out of 10. In the last year, BRK.B was one of the better performers, but we do observe some doubts in the very recent evolution.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that BRK.B is one of the better performing stocks in the market, outperforming 71% of all stocks. We also observe that the gains produced by BRK.B over the past year are nicely spread over this period.
BRK.B is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BRK.B is lagging the market slightly.
BRK.B has an average volume of 3414940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BRK.B is an average performer in the Financial Services industry, it outperforms 61% of 102 stocks in the same industry.
In the last month BRK.B has a been trading in a tight range between 395.66 and 417.32.
Weekly and Daily overview Charts
BRK.B Weekly chart
BRK.B Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, BRK.B does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 403.38, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

342.39

424.74

3 important support areas can be observed.

  • A support zone ranging from 396.72 to 403.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @359.74 from a trend line in the weekly time frame.
  • A support zone ranging from 345.85 to 350.57. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 417.22 to 420.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.78
Mansfield-0.08
10 Day High410.72
10 Day Low396.35
20 Day High417.32
20 Day Low395.66
52 Week High430
52 Week Low317.71
Performance
1 Week0.99%
2 Weeks-0.94%
1 Month-2.66%
3 Month1.65%
6 Month15.51%
12 Month25.56%
2 Year28.15%
3 Year39.9%
5 Year105.11%
10 Year215.51%
15 Year581.23%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.13
RSI(14)50.42
LBB395.09
UBB410.03
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
410.73396.7114.02 (3.41%)25.00%
An entry @410.73. This is a Buy Stop order right above the 10 day high.An exit @396.71. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 14.02 points, which is 3.41%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.85%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BRK.B Daily chart

BERKSHIRE HATHAWAY INC-CL B

NYSE:BRK.B (5/6/2024, 7:04:01 PM)

After market: 404.25 -0.67 (-0.17%)

404.92

+4.05 (+1.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.01%
1 Week0.99%
2 Weeks-0.94%
1 Month-2.66%
3 Month1.65%
6 Month15.51%
12 Month25.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.02
ATR(20)%1.36%
ATR Inc
Range Today5.89
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High410.72
10 Day Low396.35
20 Day High417.32
20 Day Low395.66
52 Week High430
52 Week Low317.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.92M
Volume Incr13.01%
Vol(5)3.28M
Vol(50)3.41M