BIGLARI HOLDINGS INC-B (BH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BH - US08986R3093 - Common Stock
We assign a technical rating of 10 out of 10 to BH. 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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, BH did better than 94% of all other stocks. On top of that, BH also shows a nice and consistent pattern of rising prices.
- BH is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry. BH outperforms 98% 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 326.06 - 483.60 range, which is quite wide. It is currently trading near the high of this range.
BH has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
250.66
5 important support areas can be observed.
- Support @365.06 from a trend line in the daily time frame.
- Support @305.41 from a trend line in the weekly time frame.
- Support @286.72 from a trend line in the daily time frame.
- Support @275.24 from a horizontal line in the daily time frame.
- Support @253.19 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 | 94.49 | POSITIVE | BH has a high relative strength, it outperformed 94.49% 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) | 74.96 | OVERBOUGHT | The high RSI value suggests BH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.31 | POSITIVE | The MACD value suggests BH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.92 | OVERBOUGHT | The high Stochastics value suggests BH may be overbought. |
| Average True Range in percent/ATR (20) | 4 | MEDIUM VOLATILITY | The ATR as a percentage value for BH suggests some volalility. |
| Average Directional Index/ADX (14) | 40.47 | POSITIVE | The high ADX value value for BH suggests a strong trend. |
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 |
|---|---|---|---|
| 483.61 | 398.70 | 84.92 (17.56%) | 5.70% |
| An entry @483.61. This is a Buy Stop order right above the 10 day high. | An exit @398.69. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 84.92 points, which is 17.56%. | For a 1.00% total portfolio risk, you can invest 5.70% of your capital in this trade. |
- 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.
467.14
-2.47 (-0.53%)
BIGLARI HOLDINGS INC-B / BH FAQ
What is the technical rating for BH stock?
ChartMill assigns a technical rating of 10 / 10 to BH.
What is the trend direction for BH stock?
The current trend direction for BIGLARI HOLDINGS INC-B (BH) is Bullish.
What is the RSI signal for BIGLARI HOLDINGS INC-B (BH) stock?
BIGLARI HOLDINGS INC-B (BH) has an RSI value of 74.9562. This indicates that the stock is currently overbought.
What is the MACD signal for BIGLARI HOLDINGS INC-B (BH) stock?
The MACD indicator for BIGLARI HOLDINGS INC-B (BH) has a value of 5.31385, indicating a bullish trend.
What is the short term momentum for BH stock?
The short term momentum for BIGLARI HOLDINGS INC-B (BH) is positive.