Congratulations to all Berkshire Hathaway investors!
Berkshire Hathaway: Current Price Return a Weak Spot
Berkshire Hathaway has performed -0.14 percent over the past 12 months. Similar stocks in the “Diversified Financial Services” sector have risen an average of 14.43 percent, giving Berkshire Hathaway an underperformance of -14.58 percent on an industry comparison. The “Financials” sector had a median return of 14.41 percent last year. Berkshire Hathaway was 14.55 percent below that average. The underperformance in both industry and sector comparisons leads to a “sell” rating in this category.
Technical analysis sees uptrend
Comparing the moving average of Berkshire Hathaway’s closing share price over the last 200 trading days (GD200) of $302.72 with the current price ($317.43), there is a +4.86 percent divergence. This gives the stock a “hold” rating from a chart perspective for the GD200. Let’s look at the moving average of the closing price of the last 50 trading days (GD50). For this stock ($285.79), the last closing price is above the moving average (+11.07 percent). Thus, this case results in a different rating for Berkshire Hathaway stock, namely a “buy” rating. Overall, this gives the company a “buy” rating for the simple chart technique.
Berkshire Hathaway with Buy Signal in RSI
The Relative Strength Index, abbreviated as RSI, indexes the movements of stock prices within 7 days by relating the upward movements to the number of movements. The standard range is from 0 to 100, The RSI of Berkshire Hathaway is 20.27, which means that the situation is considered oversold. This results in a rating as “Buy”. The RSI25 extends the calculation period to 25 days. The RSI for Berkshire Hathaway is at 26.02. This is considered an indicator of an oversold situation, which is assigned a “Buy” rating. Overall, we therefore assign a “Buy” rating for this category.
How much is the share under discussion?
One of the soft factors in the assessment of a share is the long-term observation of communication on the network. From this point of view, the Berkshire Hathaway share has given the following picture for the past few monthsThe intensity of discussion, which is shown primarily by the frequency of word contributions, has shown little activity in the process. Therefore, Berkshire Hathaway receives a “Sell” rating for this factor. The so-called rate of change in sentiment showed a negative change. This is equivalent to a “Sell” rating. This makes Berkshire Hathaway a “Sell” stock overall.