The Greedy Trader Weekly Analysis
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Uptrend Broken Support

Uptrend Broken Support 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. Stock market alert is a warning signal. Uptrend Broken Support alert is a confirmation that long term uptrend reversal is completed and a new downtrend 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 support trendline. This point is considered as a second chance to sell long position (or open short positions) in uptrend reversal.

Uptrend Broken Support

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

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Summary:
Weekly :Broken trend support lineLane's Stochastic is overboughtTrend resistance at 490.92
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SARPrice has crossed below the 50 Day Moving AverageThe price has declined below the moving average in the center of the Bollinger Bands
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It was the negative week for the Berkshire (BRK.B). During the week, the BRK.B dropped -32.80 points, or -6.23%, and closed at 493.50 on Friday, April 4, 2025. Weekly volume was 90% above average.

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 price is near the trend resistance line (490.92). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the 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 chart has formed a Rising Channel chart pattern. The uptrend support line (504.46) 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 Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. 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 link to access Lane's Stochastic 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. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. 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 April 2, 2025 at 539.00 and reached 493.00 on April 4, 2025. BRK.B lost 46.00 points, or 8.53%, in 2 days. Price is near the trend low.

Daily Technical Indicators: [See BRK.B daily technical indicators chart]
Daily technical indicators are neutral.

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

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. 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.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 33.41
Williams' Percentage Range (W%R) 39.80
Lane's Stochastic (%D-Slow) 59.79
Greed/Fear Indicator (GFI) 51.12
Moving Average Converg./Diverg. (MACD) 10.54
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 60.50
Williams' Percentage Range (W%R) 20.20
Lane's Stochastic (%D-Slow) 85.25
Overbought
Greed/Fear Indicator (GFI) 73.90
Moving Average Converg./Diverg. (MACD) 14.61
Trading Signals
Description Value Chart
Upper Bollinger Band 546.82
Monthly Trendline Resistance 542.59
Parabolic System 539.54
Weekly Stochastic Crossing 530.09
20 Day Moving Average 520.30
Daily Stochastic Crossing 518.97
Monthly Trendline Support 504.46
50 Day Moving Average 497.74
Price 493.50
Yearly Trendline Resistance 490.92
Lower Bollinger Band 489.88
Yearly Trendline Support 445.48
Sector and Industry
Description Name Rank
Sector Financials 7
Industry Multi-Sector Holdings 118
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 539.00
High Date 04/02/2025
Low 493.00
Low Date 04/04/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 539.00
High Date 04/02/2025
Low 493.00
Low Date 04/04/2025
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Support
Resistance 542.59
Support 504.46
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 Test Resistance
Resistance 490.92
Support 445.48
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.