BERKSHIRE HATHAWAY INC-CL B (BRK.B) Stock Technical Analysis
USA - NYSE:BRK.B - US0846707026 - Common Stock
495.92 USD
-2.28 (-0.46%)
495.92 USD
0 (0%)
Taking everything into account, BRK.B scores 4 out of 10 in our technical rating. In the last year, BRK.B was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
BRK.B has an average volume of 4478360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, BRK.B outperforms 54% of them, which is more or less in line with the market.
BRK.B is part of the Financial Services industry. There are 100 other stocks in this industry, BRK.B did better than 69% 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.
In the last month BRK.B has a been trading in a tight range between 486.27 and 507.66.
Although the technical rating is only medium, BRK.B does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 495.20, a Stop Loss order could be placed below this zone.
More info and screens
447.62
519.45
We found 3 important support areas.
- A support zone ranging from 487.04 to 495.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @473.22 from a trend line in the weekly time frame.
- A support zone ranging from 452.14 to 465.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 496.88 to 500.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @514.31 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.B is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRK.B is neutral. |
| ChartMill Relative Strength | 54.42 | NEUTRAL | BRK.B is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BRK.B is above a declining 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) | 52.49 | NEUTRAL | The RSI value for BRK.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests BRK.B has a negative trend. |
| Stochastics (14,3) | 70.89 | NEUTRAL | The Stochastics value for BRK.B is a neutral value. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for BRK.B suggests low volalility. |
| Average Directional Index/ADX (14) | 17.5 | NEGATIVE | The low ADX value for BRK.B suggests a weak or negative 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)
495.92
-2.28 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.46%
1 Week0.19%
2 Weeks1.1%
1 Month-2.17%
3 Month2.25%
6 Month0.48%
12 Month7.35%
2 Year45.29%
3 Year68.06%
5 Year145.63%
10 Year264.59%
15 Year523.33%
Volatility
ATR(14)5.77
ATR(20)%1.2%
ATR Inc17.03%
Range Today6.39
ADR(20)5.83
ADR(20)%1.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.42
Mansfield-0.9
10 Day High503.78
10 Day Low488.88
20 Day High507.66
20 Day Low486.27
52 Week High542.07
52 Week Low437.9
CS1 End495.2
CR1 Start496.88
Volume & EV
DER(3)-0.11%
DER(5)1.35%
Volume3.46M
Volume Incr2.46%
Vol(5)4.13M
Vol(50)4.48M