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 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 71% 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 4922410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- BRK.B is an average performer in the Financial Services industry, it outperforms 58% of 98 stocks in the same industry.
- 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
Although the technical rating is bad, BRK.B does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 477.54, a Stop Loss order could be placed below this zone.
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.
We found 1 important resistance area.
- A resistance zone ranging from 482.07 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 | 29.63 | NEGATIVE | BRK.B has a low relative strength, it was outperformed by 70.37% off all stocks 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) | 39.21 | NEUTRAL | The RSI value for BRK.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.22 | NEGATIVE | The MACD value suggests BRK.B has a negative trend. |
| Stochastics (14,3) | 41.92 | NEUTRAL | The Stochastics value for BRK.B is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for BRK.B suggests low volalility. |
| Average Directional Index/ADX (14) | 13.33 | 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
481.48
-2.99 (-0.62%)
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 39.2063. 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 482.07. Check the full technical report for our detailed analysis of BRK.B support and resistance levels.