BERKSHIRE HATHAWAY INC-CL B (BRK.B) Stock Technical Analysis
USA - NYSE:BRK.B - US0846707026 - Common Stock
We assign a technical rating of 2 out of 10 to BRK.B. 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.
BRK.B has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
447.62
We found 3 important support areas.
- Support @490.08 from a horizontal line in the daily time frame.
- Support @476.15 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 490.38 to 495.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 506.92 to 514.31. This zone is formed by a combination of multiple trend lines 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 | 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 | 54.14 | 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) | UP | MIXED | The current price of BRK.B is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BRK.B is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.07 | NEUTRAL | The RSI value for BRK.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.89 | NEGATIVE | The MACD value suggests BRK.B has a negative trend. |
| Stochastics (14,3) | 27.58 | NEUTRAL | The Stochastics value for BRK.B is a neutral value. |
| Average True Range in percent/ATR (20) | 1.28 | LOW VOLATILITY | The low ATR as a percentage value for BRK.B suggests low volalility. |
| Average Directional Index/ADX (14) | 13.34 | NEGATIVE | The low ADX value for BRK.B suggests a weak or negative trend. |
490.16
-1.65 (-0.34%)
BERKSHIRE HATHAWAY INC-CL B / BRK.B FAQ
What is the ChartMill technical rating of BERKSHIRE HATHAWAY INC-CL B (BRK.B) stock?
ChartMill assigns a technical rating of 2 / 10 to BRK.B.
What is the current trend direction of BERKSHIRE HATHAWAY INC-CL B (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 45.0651. This indicates that the stock is currently neutral.
What is the short term momentum for BRK.B stock?
The short term momentum for BERKSHIRE HATHAWAY INC-CL B (BRK.B) is negative.
Can you provide the support and resistance levels for BERKSHIRE HATHAWAY INC-CL B?
BERKSHIRE HATHAWAY INC-CL B (BRK.B) has a support level at 490.08 and a resistance level at 490.38. Check the full technical report for our detailed analysis of BRK.B support and resistance levels.