BIGLARI HOLDINGS INC-B (BH) Stock Technical Analysis
NYSE:BH - New York Stock Exchange, Inc. - US08986R3093 - Common Stock - Currency: USD
Overall BH gets a technical rating of 10 out of 10. 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 22991 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that BH is one of the better performing stocks in the market, outperforming 91% of all stocks.
BH is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 87% of 134 stocks in the same industry.
BH is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so BH is leading the market.
In the last month BH has a been trading in the 230.12 - 274.12 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. There is very little resistance above the current price. There is a support zone below the current price at 256.51, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for BH in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
191.25
274.84
5 important support areas can be observed.
- A support zone ranging from 253.09 to 256.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 234.32 to 238.04. 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 216.72 to 217.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @206.41 from a horizontal line in the daily time frame.
- Support @193.18 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 | 91.79 | POSITIVE | BH has a high relative strength, it outperformed 91.79% 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) | 65.33 | NEUTRAL | The RSI value for BH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests BH has a positive trend. |
| Stochastics (14,3) | 78.61 | NEUTRAL | The Stochastics value for BH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for BH suggests some volalility. |
| Average Directional Index/ADX (14) | 34.35 | 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 |
|---|---|---|---|
| 274.13 | 253.08 | 21.05 (7.68%) | 13.02% |
| An entry @274.13. This is a Buy Stop order right above the 10 day high. | An exit @253.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 21.05 points, which is 7.68%. | For a 1.00% total portfolio risk, you can invest 13.02% 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.
272.12
-1.06 (-0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.39%
1 Week2.13%
2 Weeks7.04%
1 Month12.67%
3 Month28.47%
6 Month8.55%
12 Month43.26%
2 Year38.03%
3 Year121.78%
5 Year294.49%
10 Year-34.23%
15 Year-5.15%
Volatility
ATR(14)10.6
ATR(20)%3.98%
ATR Inc18.51%
Range Today7.35
ADR(20)10.83
ADR(20)%3.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.79
Mansfield2.35
10 Day High274.12
10 Day Low251.9
20 Day High274.12
20 Day Low230.12
52 Week High274.12
52 Week Low159.69
CS1 End256.51
CR1 StartN/A
Volume & EV
DER(3)7.79%
DER(5)5.57%
Volume25.07K
Volume Incr-41.18%
Vol(5)23.55K
Vol(50)22.99K