BIGLARI HOLDINGS INC-B (BH) Technical Analysis
NYSE:BH • US08986R3093
Current stock price
BH Technical Rating and Analysis
Overall BH gets a technical rating of 4 out of 10. Although BH is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, we notice that BH is one of the better performing stocks in the market, outperforming 82% of all stocks.
- BH is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 88% of 126 stocks in the same industry.
- In the last month BH has a been trading in the 293.59 - 341.12 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- BH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BH is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
BH Weekly and Daily overview Charts
BH Setup Rating and Analysis
BH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 306.26, a Stop Loss order could be placed below this zone.
More info and screens
BH Support and Resistance Analysis
272.49
We found 3 important support areas.
- A support zone ranging from 299.76 to 306.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @294.26 from a trend line in the weekly time frame.
- Support @275.24 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 332.81 to 332.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
BH Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for BH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BH is neutral. |
| ChartMill Relative Strength | 82.42 | POSITIVE | BH has a high relative strength, it outperformed 82.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.74 | NEUTRAL | The RSI value for BH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.49 | POSITIVE | The MACD value suggests BH has a positive trend. |
| Stochastics (14,3) | 89.27 | OVERBOUGHT | The high Stochastics value suggests BH may be overbought. |
| Average True Range in percent/ATR (20) | 5.34 | HIGH VOLATILITY | The high ATR as a percentage value for BH suggests high volalility. |
| Average Directional Index/ADX (14) | 15.79 | NEGATIVE | The low ADX value for BH suggests a weak or negative trend. |
BH Chart- and CandleStick Pattern Analysis
BH Technicals: Chart, Performance Metrics, Trend & Indicators
332.8
+0.27 (+0.08%)
BIGLARI HOLDINGS INC-B / BH TA FAQ
What is the technical rating for BH stock?
ChartMill assigns a technical rating of 4 / 10 to BH.
What is the trend direction for BH stock?
The current trend direction for BIGLARI HOLDINGS INC-B (BH) is Bearish.
Can you provide the RSI signal for BIGLARI HOLDINGS INC-B?
BIGLARI HOLDINGS INC-B (BH) has an RSI value of 50.738. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BIGLARI HOLDINGS INC-B?
The MACD indicator for BIGLARI HOLDINGS INC-B (BH) has a value of 5.49103, indicating a bullish trend.
What is the support and resistance level for BH stock?
BIGLARI HOLDINGS INC-B (BH) has a support level at 306.26 and a resistance level at 332.81. Check the full technical report for our detailed analysis of BH support and resistance levels.