BIGLARI HOLDINGS INC-B (BH) Stock Technical Analysis
NYSE:BH - New York Stock Exchange, Inc. - US08986R3093 - Common Stock - Currency: USD
Taking everything into account, BH scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, BH has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: BH has an average volume of 27048 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BH did better than 90% of all other stocks.
BH is part of the Hotels, Restaurants & Leisure industry. There are 132 other stocks in this industry. BH outperforms 85% of them.
BH is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month BH has a been trading in the 271.99 - 308.62 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, BH also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 299.27, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
193.62
307.88
We found 4 important support areas.
- A support zone ranging from 287.62 to 299.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @221.43 from a trend line in the weekly time frame.
- Support @206.41 from a horizontal line in the daily time frame.
- Support @195.58 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BH is up. |
| ChartMill Relative Strength | 90.77 | POSITIVE | BH has a high relative strength, it outperformed 90.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.36 | OVERBOUGHT | The high RSI value suggests BH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.69 | NEGATIVE | The MACD value suggests BH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 70.34 | NEUTRAL | The Stochastics value for BH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for BH suggests some volalility. |
| Average Directional Index/ADX (14) | 43.05 | POSITIVE | The high ADX value value for BH suggests a strong trend. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 308.63 | 287.61 | 21.02 (6.81%) | 14.68% |
| An entry @308.63. This is a Buy Stop order right above the 10 day high. | An exit @287.61. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 21.02 points, which is 6.81%. | When investing 14.68% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
304.83
+4.27 (+1.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.42%
1 Week2.74%
2 Weeks5.11%
1 Month11.13%
3 Month38.54%
6 Month39.61%
12 Month56.5%
2 Year50.04%
3 Year153.58%
5 Year369.48%
10 Year-29.89%
15 Year4.93%
Volatility
ATR(14)8.68
ATR(20)%2.94%
ATR Inc-23.52%
Range Today6.96
ADR(20)8.83
ADR(20)%2.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.77
Mansfield2.81
10 Day High308.62
10 Day Low282.42
20 Day High308.62
20 Day Low271.99
52 Week High308.62
52 Week Low159.69
CS1 End299.27
CR1 StartN/A
Volume & EV
DER(3)-4.85%
DER(5)-1.82%
Volume13.20K
Volume Incr-4.83%
Vol(5)18.72K
Vol(50)27.05K