BH Technical Analysis - BIGLARI HOLDINGS INC-B

Technical Rating and Analysis

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 18558 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.

When comparing the yearly performance of all stocks, we notice that BH is one of the better performing stocks in the market, outperforming 93% of all 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 134 other stocks in this industry. BH outperforms 98% of them.

A new 52 week high is currently being made by BH, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.

In the last month BH has a been trading in the 309.02 - 369.91 range, which is quite wide. It is currently trading near the high of this range.

Considerably lower volume is observed in the last couple of days.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

BIGLARI HOLDINGS INC-B / BH Weekly stock chart

BIGLARI HOLDINGS INC-B / BH Daily stock chart

Setup Rating and Analysis

Although BH has an excellent technical rating, it does not offer a high quality setup 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

235.51

371.65

When analyzing the support we can see 3 important areas.

A support zone ranging from 335.03 to 338.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 318.31 to 319.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @237.89 from a trend line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	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	93.56	POSITIVE	BH has a high relative strength, it outperformed 93.56% 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)	75.77	OVERBOUGHT	The high RSI value suggests BH may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	2.38	POSITIVE	The MACD value suggests BH has a positive trend.
Stochastics (14,3)	93.56	OVERBOUGHT	The high Stochastics value suggests BH may be overbought.
Average True Range in percent/ATR (20)	2.85	MEDIUM VOLATILITY	The ATR as a percentage value for BH suggests some volalility.
Average Directional Index/ADX (14)	40.77	POSITIVE	The high ADX value value for BH suggests a strong trend.