BERKSHIRE HATHAWAY INC. NEW

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	BRK.B
ISIN:

BERKSHIRE HATHAWAY INC. NEW - 1H - Technical analysis published on 11/06/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
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Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

89%

11%

My opinion

Bullish above 463.33 USD

My targets

478.57 USD (+2.29%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BERKSHIRE HATHAWAY INC. NEW as long as the price remains well above 463.33 USD. The buyers' bullish objective is set at 478.57 USD. A bullish break in this resistance would boost the bullish momentum.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.5

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 gsanzmagallon. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BERKSHIRE HATHAWAY INC. NEW rating is 467.86 USD. On the day, this instrument gained +5.12% and was traded between 459.48 USD and 468.72 USD over the period. The price is currently at +1.82% from its lowest and -0.18% from its highest.

459.48

468.72

467.86

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead 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 HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of BERKSHIRE HATHAWAY INC. NEW in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : 1 hour

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	457.79	463.33	465.85	467.86	478.57
Change (%)	-2.15%	-0.97%	-0.43%	-	+2.29%
Change	-10.07	-4.53	-2.01	-	+10.71
Level	Intermediate	Minor	Intermediate	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	438.23	439.67	442.36	443.80	446.49	447.93	450.62
Camarilla	443.92	444.30	444.68	445.06	445.44	445.82	446.20
Woodie	438.87	439.98	443.00	444.11	447.13	448.24	451.26
Fibonacci	439.67	441.24	442.22	443.80	445.37	446.35	447.93

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	440.06	445.31	448.73	453.98	457.40	462.65	466.07
Camarilla	449.76	450.55	451.35	452.14	452.94	453.73	454.52
Woodie	439.14	444.85	447.81	453.52	456.48	462.19	465.15
Fibonacci	445.31	448.63	450.67	453.98	457.30	459.34	462.65

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	427.78	439.17	445.05	456.44	462.32	473.71	479.59
Camarilla	446.17	447.75	449.34	450.92	452.50	454.09	455.67
Woodie	425.02	437.79	442.29	455.06	459.56	472.33	476.83
Fibonacci	439.17	445.77	449.85	456.44	463.04	467.12	473.71

Numerical data

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

Technical indicators

Moving averages

RSI (14):	79.28
MACD (12,26,9):	4.7100
Directional Movement:	29.91
AROON (14):	100.00
DEMA (21):	460.53
Parabolic SAR (0,02-0,02-0,2):	448.47
Elder Ray (13):	8.89
Super Trend (3,10):	457.75
Zig ZAG (10):	468.09
VORTEX (21):	1.0200
Stochastique (14,3,5):	95.64
TEMA (21):	465.98
Williams %R (14):	-3.01
Chande Momentum Oscillator (20):	24.96
Repulse (5,40,3):	0.4500
ROCnROLL:	1
TRIX (15,9):	0.0500
Courbe Coppock:	9.67

MA7:	452.53
MA20:	457.93
MA50:	458.47
MA100:	443.35
MAexp7:	463.55
MAexp20:	455.96
MAexp50:	453.99
MAexp100:	455.23
Price / MA7:	+3.39%
Price / MA20:	+2.17%
Price / MA50:	+2.05%
Price / MA100:	+5.53%
Price / MAexp7:	+0.93%
Price / MAexp20:	+2.61%
Price / MAexp50:	+3.06%
Price / MAexp100:	+2.77%

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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