BERKSHIRE HATHAWAY INC-CL B (BRK.B) Stock Technical Analysis
NYSE:BRK.B - New York Stock Exchange, Inc. - US0846707026 - Common Stock - Currency: USD
Taking everything into account, BRK.B scores 1 out of 10 in our technical rating. BRK.B has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month BRK.B has a been trading in the 483.78 - 513.79 range, which is quite wide. It is currently trading near the lows of this range.
BRK.B has an average volume of 5478610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, BRK.B outperforms 64% of them, which is more or less in line with the market.
BRK.B is an average performer in the Financial Services industry, it outperforms 66% of 99 stocks in the same industry.
BRK.B is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRK.B is lagging the market.
BRK.B has a poor technical rating and the quality of the setup is also 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
438.22
545.21
When analyzing the support we can see 2 important areas.
- A support zone ranging from 478.57 to 487.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @442.65 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 490.38 to 502.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 537.72 to 539.81. 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.B is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BRK.B is down. |
| ChartMill Relative Strength | 64.22 | NEUTRAL | BRK.B is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRK.B is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRK.B is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRK.B is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.12 | NEUTRAL | The RSI value for BRK.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.48 | NEGATIVE | The MACD value suggests BRK.B has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.74 | NEUTRAL | The Stochastics value for BRK.B is a neutral value. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for BRK.B suggests low volalility. |
| Average Directional Index/ADX (14) | 33.85 | POSITIVE | The high ADX value value for BRK.B 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)
490.23
+2.69 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.55%
1 Week-0.63%
2 Weeks-2.5%
1 Month-4.68%
3 Month-6.07%
6 Month8.17%
12 Month19.68%
2 Year43.76%
3 Year79.56%
5 Year174.62%
10 Year260.17%
15 Year515.17%
Volatility
ATR(14)5.89
ATR(20)%1.16%
ATR Inc-20.87%
Range Today3.31
ADR(20)5.23
ADR(20)%1.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.22
Mansfield-0.15
10 Day High502.79
10 Day Low483.78
20 Day High513.79
20 Day Low483.78
52 Week High542.07
52 Week Low403.82
CS1 End487.53
CR1 Start490.38
Volume & EV
DER(3)1.05%
DER(5)-0.08%
Volume3.94M
Volume Incr-15.96%
Vol(5)4.00M
Vol(50)5.48M