BIGLARI HOLDINGS INC-B (BH) Technical Analysis
NYSE:BH • US08986R3093
Current stock price
BH Technical Rating and Analysis
Taking everything into account, BH scores 2 out of 10 in our technical rating. BH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month BH has a been trading in the 288.96 - 360.28 range, which is quite wide. It is currently trading near the lows of this range.
- When compared to the yearly performance of all other stocks, BH outperforms 57% of them, which is more or less in line with the market.
- BH is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, BH did better than 61% of them.
- BH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BH is lagging the market.
- Considerably lower volume is observed in the last couple of days.
BH Weekly and Daily overview Charts
BH Setup Rating and Analysis
Although the technical rating is bad, BH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 331.08. Right above this resistance zone may be a good entry point.
More info and screens
BH Support and Resistance Analysis
289.69
2 important support areas can be observed.
- A support zone ranging from 311.71 to 314.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 292.62 to 300.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 331.08 to 333.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @340.94 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for BH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BH is down. |
| ChartMill Relative Strength | 57.5 | NEUTRAL | BH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BH is below the rising 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) | 46.55 | NEUTRAL | The RSI value for BH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests BH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.3 | NEUTRAL | The Stochastics value for BH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.95 | MEDIUM VOLATILITY | The ATR as a percentage value for BH suggests some volalility. |
| Average Directional Index/ADX (14) | 17.56 | 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
314.21
+4.86 (+1.57%)
BIGLARI HOLDINGS INC-B / BH TA FAQ
What is the technical rating for BH stock?
ChartMill assigns a technical rating of 2 / 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 46.5522. 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 -0.399194, indicating a bearish trend.
What is the support and resistance level for BH stock?
BIGLARI HOLDINGS INC-B (BH) has a support level at 314.15 and a resistance level at 331.08. Check the full technical report for our detailed analysis of BH support and resistance levels.