BERKSHIRE HATHAWAY INC-CL B (BRK.B) Technical Analysis
NYSE:BRK.B • US0846707026
Current stock price
BRK.B Technical Rating and Analysis
Taking everything into account, BRK.B scores 0 out of 10 in our technical rating. 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.
- 69% of all other stocks performed better in the past year than BRK.B.
- In the last month BRK.B has a been trading in the 472.52 - 506.52 range, which is quite wide. It is currently trading near the lows of this range.
- BRK.B has an average volume of 4989240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- BRK.B is part of the Financial Services industry. There are 99 other stocks in this industry, BRK.B did better than 61% of them.
- BRK.B is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BRK.B is lagging the market slightly.
BRK.B Weekly and Daily overview Charts
BRK.B Setup Rating and Analysis
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
BRK.B Support and Resistance Analysis
447.62
We found 1 important support area.
- A support zone ranging from 452.14 to 477.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 482.22 to 506.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
BRK.B Technical Indicator Signal Analysis
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 | 31.63 | 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) | DOWN | NEGATIVE | The current price of BRK.B is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.79 | NEUTRAL | The RSI value for BRK.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.45 | NEGATIVE | The MACD value suggests BRK.B has a negative trend. |
| Stochastics (14,3) | 32.16 | NEUTRAL | The Stochastics value for BRK.B is a neutral value. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for BRK.B suggests low volalility. |
| Average Directional Index/ADX (14) | 13.63 | NEGATIVE | The low ADX value for BRK.B suggests a weak or negative trend. |
BRK.B Chart- and CandleStick Pattern Analysis
BRK.B Technicals: Chart, Performance Metrics, Trend & Indicators
480.94
-0.54 (-0.11%)
BERKSHIRE HATHAWAY INC-CL B / BRK.B TA FAQ
What is the ChartMill technical rating of BERKSHIRE HATHAWAY INC-CL B (BRK.B) stock?
ChartMill assigns a technical rating of 0 / 10 to BRK.B.
What is the trend direction for BRK.B stock?
The current trend direction for BERKSHIRE HATHAWAY INC-CL B (BRK.B) is Bearish.
What is the RSI signal for BRK.B stock?
BERKSHIRE HATHAWAY INC-CL B (BRK.B) has an RSI value of 38.7943. This indicates that the stock is currently neutral.
What is the support and resistance level for BRK.B stock?
BERKSHIRE HATHAWAY INC-CL B (BRK.B) has a support level at 477.54 and a resistance level at 482.22. Check the full technical report for our detailed analysis of BRK.B support and resistance levels.