Post an Analysis Request an analysis AI Londinia analysis
BERKSHIRE HATHAWAY INC. NEW
BERKSHIRE HATHAWAY INC. NEW
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: BRK.B
ISIN:

BERKSHIRE HATHAWAY INC. NEW - Weekly - Technical analysis published on 07/01/2022 (GMT)

  • 202
  • 0
Londinia
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Weekly
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 292.52 USD
My targets
271.13 USD (-0.69%)
230.20 USD (-15.68%)
My analysis
BERKSHIRE HATHAWAY INC. NEW is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 292.52 USD, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 271.13 USD. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 230.20 USD would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 196.35 USD. Beware of a possible return to above the resistance located at 292.52 USD which would be a sign of a correction of the short-term bearish excesses registered.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
3.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

rbrittonbrownjr
This analysis was given by rbrittonbrownjr. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

BERKSHIRE HATHAWAY INC. NEW rating 273.02 USD. The price is lower by -1.89% over the 5 days with the lowest point at 272.97 USD and the highest point at 282.45 USD. The deviation from the price is +0.02% for the low point and -3.34% for the high point.

272.97
282.45
273.02

A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Weekly of this BERKSHIRE HATHAWAY INC. NEW chart shows a slightly bearish trend. Only 57.14% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Weekly


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : Weekly



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : Weekly




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 162.03 196.35 230.20 273.02 273.31 292.52 308.28
Change (%) -40.65% -28.08% -15.68% - +0.11% +7.14% +12.91%
Change -110.99 -76.67 -42.82 - +0.29 +19.50 +35.26
Level Major Intermediate Major - Major Major Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard263.25265.97269.49272.21275.73278.45281.97
Camarilla271.30271.88272.45273.02273.59274.16274.74
Woodie263.66266.17269.90272.41276.14278.65282.38
Fibonacci265.97268.35269.82272.21274.59276.06278.45


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard253.21260.95266.98274.72280.75288.49294.52
Camarilla269.23270.50271.76273.02274.28275.55276.81
Woodie252.37260.52266.14274.29279.91288.06293.68
Fibonacci260.95266.21269.46274.72279.98283.23288.49


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard271.13284.62300.30313.79329.47342.96358.64
Camarilla307.96310.63313.31315.98318.65321.33324.00
Woodie272.23285.17301.40314.34330.57343.51359.74
Fibonacci284.62295.76302.65313.79324.93331.82342.96

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 36.11
MACD (12,26,9): -6.9300
Directional Movement: -21.28
AROON (14): -85.72
DEMA (21): 301.31
Parabolic SAR (0,02-0,02-0,2): 313.51
Elder Ray (13): -25.37
Super Trend (3,10): 320.95
Zig ZAG (10): 273.02
VORTEX (21): 0.8800
Stochastique (14,3,5): 8.94
TEMA (21): 286.86
Williams %R (14): -90.51
Chande Momentum Oscillator (20): -80.08
Repulse (5,40,3): -7.5200
ROCnROLL: 2
TRIX (15,9): 0.1100
Courbe Coppock: 26.59
MA7: 273.48
MA20: 285.69
MA50: 305.53
MA100: 319.80
MAexp7: 289.54
MAexp20: 305.83
MAexp50: 299.31
MAexp100: 278.30
Price / MA7: -0.17%
Price / MA20: -4.43%
Price / MA50: -10.64%
Price / MA100: -14.63%
Price / MAexp7: -5.71%
Price / MAexp20: -10.73%
Price / MAexp50: -8.78%
Price / MAexp100: -1.90%

Quotes : - 15 min delayed data - NYSE Stocks

News


The last news published on BERKSHIRE HATHAWAY INC. NEW at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

Online

Overall rating :
15118
Number of analyses :
73743
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis BERKSHIRE HATHAWAY INC. NEW - Weekly

NEW !