BERKSHIRE HATHAWAY INC-CL B (BRK.B)

US0846707026 - Common Stock

472.06  +3.23 (+0.69%)

After market: 472.06 0 (0%)

Technical Rating and Analysis

9

Overall BRK.B gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BRK.B is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, BRK.B did better than 71% of all other stocks. On top of that, BRK.B also shows a nice and consistent pattern of rising prices.
BRK.B is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BRK.B is lagging the market slightly.
In the last month BRK.B has a been trading in the 437.90 - 474.66 range, which is quite wide. It is currently trading near the high of this range.
BRK.B has an average volume of 3624310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BRK.B is part of the Financial Services industry. There are 100 other stocks in this industry, BRK.B did better than 64% of them.
Weekly and Daily overview Charts
BRK.B Weekly chart
BRK.B Daily chart
Setup Rating and Analysis

8

BRK.B has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 475.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 468.90, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

394.57

483.37

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 442.28 to 468.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @428.32 from a trend line in the daily time frame.
  • Support @417.22 from a horizontal line in the daily time frame.
  • A support zone ranging from 398.56 to 400.74. 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 475.93 to 478.58. 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
CRS71.66
Mansfield0.09
10 Day High474.66
10 Day Low459.5
20 Day High474.66
20 Day Low437.9
52 Week High484.82
52 Week Low350.85
Performance
1 Week0.93%
2 Weeks2.59%
1 Month3.12%
3 Month4.12%
6 Month15.87%
12 Month30.16%
2 Year48.17%
3 Year70.61%
5 Year114.28%
10 Year217.48%
15 Year603.94%
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)1.08
RSI(14)60.15
LBB446.4
UBB482.38
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
478.59459.4919.10 (3.99%)25.00%
An entry @478.59. This is a Buy Stop order right above the resistance zone.An exit @459.49. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 19.10 points, which is 3.99%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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 (11/21/2024, 8:15:59 PM)

After market: 472.06 0 (0%)

472.06

+3.23 (+0.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.69%
1 Week0.93%
2 Weeks2.59%
1 Month3.12%
3 Month4.12%
6 Month15.87%
12 Month30.16%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)7.66
ATR(20)%1.46%
ATR Inc
Range Today7.66
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 High474.66
10 Day Low459.5
20 Day High474.66
20 Day Low437.9
52 Week High484.82
52 Week Low350.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.12M
Volume Incr1.73%
Vol(5)3.99M
Vol(50)3.62M