BERKSHIRE HATHAWAY INC. NEW

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

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Type:	Stocks
Ticker:	BRK.B
ISIN:

BERKSHIRE HATHAWAY INC. NEW - Weekly - Technical analysis published on 07/18/2022 (GMT)

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Timeframe : Weekly
- Analysis generated on
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Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bearish

Technical indicators

22%

61%

17%

My opinion

Bearish under 292.52 USD

My targets

252.20 USD (-8.71%)

230.20 USD (-16.67%)

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 252.20 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.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

3.8

Comment on the analysis

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.

This analysis was given by rbrittonbrownjr. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BERKSHIRE HATHAWAY INC. NEW rating is 276.26 USD. The price registered a decrease of -0.81% over 5 days and was traded between 271.20 USD and 280.00 USD over the period. The price is currently at +1.87% from its lowest point and -1.34% from its highest point.

271.20

280.00

276.26

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

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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. An assessment of moving averages reveals a bearish signal that could impact this trend:

Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : Weekly

In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 3 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner found this result concerning these 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 these results:

Near horizontal support

Type : Bullish

Timeframe : Weekly

Near support of channel

Type : Bullish

Timeframe : Weekly

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	196.35	230.20	273.31	276.26	292.52	308.28	324.13
Change (%)	-28.93%	-16.67%	-1.07%	-	+5.89%	+11.59%	+17.33%
Change	-79.91	-46.06	-2.95	-	+16.26	+32.02	+47.87
Level	Intermediate	Major	Major	-	Major	Intermediate	Intermediate

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
Standard	267.52	271.37	273.81	277.66	280.10	283.95	286.39
Camarilla	274.53	275.11	275.68	276.26	276.84	277.41	277.99
Woodie	266.83	271.02	273.12	277.31	279.41	283.60	285.70
Fibonacci	271.37	273.77	275.25	277.66	280.06	281.54	283.95

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	261.41	266.31	272.39	277.29	283.37	288.27	294.35
Camarilla	275.46	276.47	277.47	278.48	279.49	280.49	281.50
Woodie	262.01	266.61	272.99	277.59	283.97	288.57	294.95
Fibonacci	266.31	270.50	273.09	277.29	281.48	284.07	288.27

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	199.09	231.39	252.20	284.50	305.31	337.61	358.42
Camarilla	258.42	263.28	268.15	273.02	277.89	282.76	287.63
Woodie	193.36	228.52	246.47	281.63	299.58	334.74	352.69
Fibonacci	231.39	251.68	264.21	284.50	304.79	317.32	337.61

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):	37.26
MACD (12,26,9):	-9.4600
Directional Movement:	-18.51
AROON (14):	-71.43
DEMA (21):	290.25
Parabolic SAR (0,02-0,02-0,2):	293.21
Elder Ray (13):	-14.46
Super Trend (3,10):	320.95
Zig ZAG (10):	275.65
VORTEX (21):	0.9200
Stochastique (14,3,5):	16.40
TEMA (21):	275.82
Williams %R (14):	-86.04
Chande Momentum Oscillator (20):	-47.03
Repulse (5,40,3):	-1.8300
ROCnROLL:	2
TRIX (15,9):	-0.1300
Courbe Coppock:	33.57

MA7:	277.61
MA20:	275.28
MA50:	293.69
MA100:	315.43
MAexp7:	283.34
MAexp20:	298.96
MAexp50:	297.08
MAexp100:	278.40
Price / MA7:	-0.49%
Price / MA20:	+0.36%
Price / MA50:	-5.93%
Price / MA100:	-12.42%
Price / MAexp7:	-2.50%
Price / MAexp20:	-7.59%
Price / MAexp50:	-7.01%
Price / MAexp100:	-0.77%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on BERKSHIRE HATHAWAY INC. NEW. At the time of publication of this analysis, the latest news was as follows:

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

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