BERKSHIRE HATHAWAY INC-CL A (BRK.A) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:BRK.A • US0846701086
Overall BRK.A gets a technical rating of 5 out of 10. In the last year, BRK.A was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- Warning: BRK.A has an average volume of 804 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month BRK.A has a been trading in the 708085.00 - 768318.00 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the performance of all stocks over the past year, BRK.A turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
- BRK.A is part of the Financial Services industry. There are 96 other stocks in this industry, BRK.A did better than 62% of them.
- BRK.A is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRK.A is lagging the market.
- Considerably lower volume is observed in the last couple of days.
BRK.A has an average technical rating and also 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.
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671,220.00
We found 2 important support areas.
- A support zone ranging from 705000.00 to 744404.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @678000.00 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 753215.00 to 759798.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BRK.A is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRK.A is up. |
| ChartMill Relative Strength | 41.78 | NEUTRAL | BRK.A is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRK.A is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BRK.A is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BRK.A is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.73 | NEUTRAL | The RSI value for BRK.A is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3995.29 | POSITIVE | The MACD value suggests BRK.A has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.34 | NEUTRAL | The Stochastics value for BRK.A is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for BRK.A suggests low volalility. |
| Average Directional Index/ADX (14) | 28.74 | POSITIVE | The high ADX value value for BRK.A suggests a strong trend. |
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+2214 (+0.3%)
BERKSHIRE HATHAWAY INC-CL A / BRK.A FAQ
What is the ChartMill technical rating of BERKSHIRE HATHAWAY INC-CL A (BRK.A) stock?
ChartMill assigns a technical rating of 5 / 10 to BRK.A.
What is the current trend direction of BERKSHIRE HATHAWAY INC-CL A (BRK.A) stock?
The current trend direction for BERKSHIRE HATHAWAY INC-CL A (BRK.A) is Bearish.
What is the RSI signal for BERKSHIRE HATHAWAY INC-CL A (BRK.A) stock?
BERKSHIRE HATHAWAY INC-CL A (BRK.A) has an RSI value of 55.7261. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BERKSHIRE HATHAWAY INC-CL A?
The MACD indicator for BERKSHIRE HATHAWAY INC-CL A (BRK.A) has a value of 3995.29, indicating a bullish trend.
Can you provide the support and resistance levels for BERKSHIRE HATHAWAY INC-CL A?
BERKSHIRE HATHAWAY INC-CL A (BRK.A) has a support level at 744404 and a resistance level at 753215. Check the full technical report for our detailed analysis of BRK.A support and resistance levels.