BERKSHIRE HATHAWAY INC-CL A (BRK.A) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:BRK.A - US0846701086 - Common Stock
Taking everything into account, BRK.A scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BRK.A is only an average performer.
Although the technical rating is only medium, BRK.A does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 759798.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 752691.00, a Stop Loss order could be placed below this zone.
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671,220.00
We found 3 important support areas.
- A support zone ranging from 728280.00 to 752691.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @705000.00 from a horizontal line in the daily time frame.
- Support @678000.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 759798.00 to 763558.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @793788.00 from a horizontal line in the daily 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 BRK.A is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRK.A is up. |
| ChartMill Relative Strength | 63.59 | NEUTRAL | BRK.A is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BRK.A is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRK.A is above the rising 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) | 53.21 | NEUTRAL | The RSI value for BRK.A is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 224.6 | POSITIVE | The MACD value suggests BRK.A has a positive trend. |
| Stochastics (14,3) | 71.98 | NEUTRAL | The Stochastics value for BRK.A is a neutral value. |
| Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for BRK.A suggests low volalility. |
| Average Directional Index/ADX (14) | 10.56 | NEGATIVE | The low ADX value for BRK.A suggests a weak or negative 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 |
|---|---|---|---|
| 763,558.01 | 743,299.99 | 20,258.02 (2.65%) | 25.00% |
| An entry @763558.01. This is a Buy Stop order right above the resistance zone. | An exit @743299.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 20258.02 points, which is 2.65%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.66%. |
- 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.
754800
-600 (-0.08%)
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 6 / 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 Bullish.
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 53.2075. 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 224.597, 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 752691 and a resistance level at 759798. Check the full technical report for our detailed analysis of BRK.A support and resistance levels.