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Archive
- 1/3/2025 -
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Berkshire (BRK.B) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Berkshire (BRK.B). During the week, the BRK.B gave back -2.90 points, or -0.64%, and closed at 453.60 on Friday, January 3, 2025. Weekly volume was -16% below average.
BRK.B is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See BRK.B long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 259.85 and reached 491.70 on November 27, 2024. BRK.B gained -231.85 points, or -89.22%, in 110 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 426.61 and resistance is at 472.06. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
 Medium-term trend: [See BRK.B medium-term trend chart]
A medium-term uptrend had started on October 27, 2023 at 330.58 and reached 491.70 on November 27, 2024. BRK.B gained -161.12 points, or -48.74%, in 56 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (495.23) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See BRK.B weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since November 29, 2024. Use the following link to access a MACD help.
 Short-term trend: [See BRK.B short-term trend chart]
A short-term downtrend had started on December 27, 2024 at 461.10 and reached 449.20 on December 30, 2024. BRK.B lost 11.90 points, or 2.58%, in 3 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See BRK.B daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since December 4, 2024. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
A Parabolic SAR (stop and reversal) indicator (449.65) comes close to the price (453.60). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Financials |
10 |
| Industry |
Multi-Sector Holdings |
72 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
449.20 |
| Low Date |
12/30/2024 |
| High |
456.90 |
| High Date |
01/02/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
461.10 |
| High Date |
12/27/2024 |
| Low |
449.20 |
| Low Date |
12/30/2024 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Symmetric Triangle |
| Status |
Valid |
| Resistance |
454.66 |
| Support |
450.53 |
| High |
491.70 |
| High Date |
11/27/2024 |
| Low |
446.10 |
| Low Date |
12/18/2024 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Wedge |
| Status |
Broken Support |
| Resistance |
499.09 |
| Support |
495.23 |
| Low |
330.58 |
| Low Date |
10/27/2023 |
| High |
491.70 |
| High Date |
11/27/2024 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Valid |
| Resistance |
472.06 |
| Support |
426.61 |
| Low |
259.85 |
| Low Date |
10/13/2022 |
| High |
491.70 |
| High Date |
11/27/2024 |
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