BERKSHIRE HATHAWAY INC-CL B (BRK.B) Stock Technical Analysis
NYSE:BRK.B - New York Stock Exchange, Inc. - US0846707026 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BRK.B. BRK.B's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
71% of all other stocks performed better in the past year than BRK.B.
BRK.B is one of the lesser performing stocks in the Financial Services industry. 60% of 101 stocks in the same industry do better.
BRK.B has an average volume of 4845060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
In the last month BRK.B has a been trading in the 455.19 - 486.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of BRK.B is bad and it also does not present a 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
442.12
498.41
2 important support areas can be observed.
- A support zone ranging from 459.10 to 461.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @446.59 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 464.61 to 475.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 482.93 to 484.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @493.48 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 | DOWN | NEGATIVE | The long term trend for BRK.B is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BRK.B is down. |
| ChartMill Relative Strength | 29.76 | NEGATIVE | BRK.B has a low relative strength, it was outperformed by 70.24% off all stocks 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) | DOWN | NEGATIVE | The current price of BRK.B is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.25 | NEUTRAL | The RSI value for BRK.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.95 | NEGATIVE | The MACD value suggests BRK.B has a negative trend. |
| Stochastics (14,3) | 30.5 | NEUTRAL | The Stochastics value for BRK.B is a neutral value. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for BRK.B suggests low volalility. |
| Average Directional Index/ADX (14) | 26.65 | 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)
461.47
-7.44 (-1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-1.59%
1 Week-2.21%
2 Weeks-3.98%
1 Month-3.51%
3 Month-10.17%
6 Month-2.38%
12 Month6.9%
2 Year28.11%
3 Year64.34%
5 Year111.65%
10 Year244.28%
15 Year485.77%
Volatility
ATR(14)7.67
ATR(20)%1.53%
ATR Inc23.55%
Range Today11.33
ADR(20)6.6
ADR(20)%1.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.76
Mansfield-1.13
10 Day High486.9
10 Day Low455.19
20 Day High486.9
20 Day Low455.19
52 Week High542.07
52 Week Low425.9
CS1 End461.46
CR1 Start464.61
Volume & EV
DER(3)0.48%
DER(5)-0.19%
Volume5.76M
Volume Incr56.27%
Vol(5)6.65M
Vol(50)4.85M