BERKSHIRE HATHAWAY INC-CL B (BRK.B)

US0846707026 - Common Stock

404.91  -1.04 (-0.26%)

Premarket: 405.3 +0.39 (+0.1%)

Technical Rating and Analysis

6

Taking everything into account, BRK.B scores 6 out of 10 in our technical rating. In the last year, BRK.B was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month BRK.B has a been trading in the 395.66 - 424.52 range, which is quite wide. It is currently trading near the lows of this range.
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.
When comparing the yearly performance of all stocks, we notice that BRK.B is one of the better performing stocks in the market, outperforming 78% of all stocks.
BRK.B is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BRK.B is performing more or less in line with the market.
BRK.B has an average volume of 3444040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BRK.B is an average performer in the Financial Services industry, it outperforms 67% of 102 stocks in the same industry.
Weekly and Daily overview Charts
BRK.B Weekly chart
BRK.B Daily chart
Setup Rating and Analysis

6

BRK.B has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 403.25, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

341.39

424.74

4 important support areas can be observed.

  • A support zone ranging from 394.53 to 403.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @357.53 from a trend line in the weekly time frame.
  • Support @350.57 from a horizontal line in the daily time frame.
  • Support @344.84 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 417.22 to 420.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.66
Mansfield0.18
10 Day High411.35
10 Day Low395.66
20 Day High424.52
20 Day Low395.66
52 Week High430
52 Week Low317.41
Performance
1 Week1.26%
2 Weeks-0.66%
1 Month-2.88%
3 Month5.06%
6 Month22.07%
12 Month23.24%
2 Year25.43%
3 Year47.27%
5 Year86.84%
10 Year214.25%
15 Year560.54%
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)
Technical Indicators
MACD(12,26,9)-0.46
RSI(14)46.45
LBB394.54
UBB416.73
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
411.36395.6515.71 (3.82%)25.00%
An entry @411.36. This is a Buy Stop order right above the 10 day high.An exit @395.65. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 15.71 points, which is 3.82%.For a 0.95% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BRK.B Daily chart

BERKSHIRE HATHAWAY INC-CL B

NYSE:BRK.B (4/25/2024, 7:04:01 PM)

Premarket: 405.3 +0.39 (+0.1%)

404.91

-1.04 (-0.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.26%
1 Week1.26%
2 Weeks-0.66%
1 Month-2.88%
3 Month5.06%
6 Month22.07%
12 Month23.24%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.65
ATR(20)%1.34%
ATR Inc
Range Today5.79
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High411.35
10 Day Low395.66
20 Day High424.52
20 Day Low395.66
52 Week High430
52 Week Low317.41
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.68M
Volume Incr-4.31%
Vol(5)2.89M
Vol(50)3.44M