📉 What are the technical indicators suggesting for Berkshire Hathaway's stock price in the near term?
4/17/2025 12:18am
The technical indicators for Berkshire Hathaway (BRK.A) suggest a **neutral to slightly bearish outlook** in the near term:
1. **Moving Averages**: The stock is trading below its 5-day, 10-day, and 50-day moving averages ($783,709.71, $771,012.41, and $757,750.7, respectively). This indicates a short-term downtrend, as the price is below the recent averages.
|code|Ticker|Name|Date|Moving Average|market_code|
|---|---|---|---|---|---|
|BRK.A|BRK.A.N|Berkshire Hathaway A|20250416|783709.7100|169|
2. **Support and Resistance Levels**: The support level is at $695,517, and the resistance level is at $804,250.29. The stock is closer to the support level, suggesting that if the price breaks below this point, it could indicate further downward movement.
|code|Ticker|Name|Date|Support Level|Resistance Level|market_code|
|---|---|---|---|---|---|---|
|BRK.A|BRK.A.N|Berkshire Hathaway A|20250416|769940.7600|794950.0000|169|
3. **MACD**: The Moving Average Convergence Divergence (MACD) is -2,977.84, which typically suggests bearish momentum, as the MACD is negative and the stock is trading below its moving averages.
|code|Ticker|Name|Date|bollinger upper band|RSI|KDJ|MACD|market_code|
|---|---|---|---|---|---|---|---|---|
|BRK.A|BRK.A.N|Berkshire Hathaway A|20250416|824758.4300|46.1061|85.7806|-2977.8351|169|
4. **KDJ and RSI**: The KDJ indicator is at 85.78, which is in the overbought territory and suggests a potential reversal or a pullback. The RSI is at 46.11, indicating a neutral to slightly oversold condition.
5. **Bollinger Bands**: The Bollinger Band value is $783,194.37, which is slightly above the current trading price, suggesting that the stock is trading in the lower part of its recent range.
In conclusion, the technical indicators for Berkshire Hathaway suggest a cautious outlook, with a slight bias towards the bearish side. Investors should monitor the stock's performance closely, especially the movement near the support and resistance levels, and consider the broader market context when assessing the near-term prospects of BRK.A.