The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 4/25/2025 -
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Berkshire (BRK.B) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionLane's Stochastic is overboughtWilliams' Percentage Range is strongly overbought
Daily :Williams' Percentage Range is strongly overboughtStochastic signal line moved below overbought areaDaily  MACD line has moved above its signal line
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It was a first positive week for the Berkshire (BRK.B). During the week, the BRK.B gained 12.75 points, or 2.46%, and closed at 530.96 on Friday, April 25, 2025. BRK.B was trading at average weekly trading volume.

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 539.00 on April 2, 2025. BRK.B gained -279.15 points, or -107.43%, in 128 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (449.73) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 resistance line in a long-term trend.

Medium-term trend: [See BRK.B medium-term trend chart]
A medium-term uptrend had started on January 10, 2025 at 440.10 and reached 539.00 on April 2, 2025. BRK.B gained -98.90 points, or -22.47%, in 11 weeks. The price is now at the 8.13% retracement level.

Weekly Technical Indicators: [See BRK.B weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since February 21, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See BRK.B short-term trend chart]
A short-term uptrend had started on April 7, 2025 at 462.10 and reached 536.52 on April 14, 2025. BRK.B gained -74.42 points, or -16.10%, in 7 days. The price is now at the 7.47% retracement level.

Daily Technical Indicators: [See BRK.B daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 67.85
Williams' Percentage Range (W%R) 9.40
Strong Overbought
Lane's Stochastic (%D-Slow) 72.02
Greed/Fear Indicator (GFI) 76.81
Moving Average Converg./Diverg. (MACD) 3.47
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 66.89
Williams' Percentage Range (W%R) 7.30
Strong Overbought
Lane's Stochastic (%D-Slow) 80.09
Overbought
Greed/Fear Indicator (GFI) 77.24
Moving Average Converg./Diverg. (MACD) 16.92
Trading Signals
Description Value Chart
Upper Bollinger Band 547.81
Price 530.96
Daily Stochastic Crossing 528.04
Weekly Stochastic Crossing 521.10
20 Day Moving Average 520.35
50 Day Moving Average 511.05
Parabolic System 502.95
Yearly Trendline Resistance 495.18
Lower Bollinger Band 492.71
Yearly Trendline Support 449.73
Sector and Industry
Description Name Rank
Sector Financials 7
Industry Multi-Sector Holdings 123
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 498.08
Low Date 04/21/2025
High 533.13
High Date 04/24/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 462.10
Low Date 04/07/2025
High 536.52
High Date 04/14/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 440.10
Low Date 01/10/2025
High 539.00
High Date 04/02/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 330.58
Low Date 10/27/2023
High 539.00
High Date 04/02/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 495.18
Support 449.73
Low 259.85
Low Date 10/13/2022
High 539.00
High Date 04/02/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.