BERKSHIRE HATHAWAY INC-CL B (BRK.B) Stock Technical Analysis
NYSE:BRK.B - US0846707026 - Common Stock
499.77 USD
-7.14 (-1.41%)
499.552 USD
-0.22 (-0.04%)
We assign a technical rating of 7 out of 10 to BRK.B. BRK.B has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
In the last month BRK.B has a been trading in the 462.55 - 507.66 range, which is quite wide. It is currently trading near the high of this range.
BRK.B has an average volume of 4665390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, BRK.B turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
BRK.B is part of the Financial Services industry. There are 102 other stocks in this industry, BRK.B did better than 49% of them.
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 an excellent technical rating, but 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.
More info and screens
442.12
545.21
2 important support areas can be observed.
- A support zone ranging from 480.96 to 488.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 446.59 to 471.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 539.81 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 | UP | POSITIVE | The long term trend for BRK.B is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRK.B is up. |
| ChartMill Relative Strength | 48.08 | NEUTRAL | BRK.B is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRK.B is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRK.B is above the rising 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) | 61.91 | NEUTRAL | The RSI value for BRK.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.85 | POSITIVE | The MACD value suggests BRK.B has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.15 | OVERBOUGHT | The high Stochastics value suggests BRK.B may be overbought. |
| Average True Range in percent/ATR (20) | 1.31 | LOW VOLATILITY | The low ATR as a percentage value for BRK.B suggests low volalility. |
| Average Directional Index/ADX (14) | 28.94 | 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)
499.77
-7.14 (-1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-1.41%
1 Week-0.02%
2 Weeks2.29%
1 Month8.3%
3 Month1.26%
6 Month0.84%
12 Month8.78%
2 Year42.67%
3 Year87.17%
5 Year134.7%
10 Year283.26%
15 Year504.46%
Volatility
ATR(14)6.7
ATR(20)%1.31%
ATR Inc26.51%
Range Today9.91
ADR(20)6.27
ADR(20)%1.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.08
Mansfield-0.56
10 Day High507.66
10 Day Low481.83
20 Day High507.66
20 Day Low462.55
52 Week High542.07
52 Week Low437.9
CS1 End488.76
CR1 Start539.81
Volume & EV
DER(3)0.62%
DER(5)0.37%
Volume4.22M
Volume Incr-19.72%
Vol(5)4.01M
Vol(50)4.67M