Detailed Technical Analysis and Prediction for Berkshire Hathaway Inc. New (BRK-B)

1. Price Trends and Movement

Long-term Trend (3+ month view):

• From the historical data provided, it is clear that Berkshire Hathaway Inc.'s stock has been trending upwards significantly since February 2025. Initially, it was trading below $500 in February but began a steady rise to highs above $525 in March. The period before that, spanning from December 2024 to early February 2025, was marked by fluctuations within a lower range, generally between $450 and $480.

Medium-term Trend (1 month view):

• Through March to early April, we notice a consolidation where the stock surged to over $535, reaching a peak of $539 on 02nd April. The movement from March to April suggests a strong bullish phase driven by higher highs, although recent data hints at a possible overbought situation with corrections.

Short-term Trend (Last few days):

• In the very recent data from April 2nd, a volatility spike was observed with intraday highs at $539 before a pullback near the end of the trading day to around $526.5. This suggests a possible resistance level forming around $539-$540 and immediate support forming around $525.

2. Technical Indicators

Moving Averages (MAs):

• Short Term Moving Averages (10-day MA) and Medium Term (50-day MA) exhibit a bullish crossover, which typically signals a continuation of an uptrend. The price has consistently been above these MAs since early March, reinforcing upward momentum.

Relative Strength Index (RSI):

• With the RSI climbing to levels above 70 during the peak on April 2nd, the market appears overbought, suggesting a potential pullback or consolidation is imminent before any further upward movement. As of the latest data, the RSI suggests moderation.

MACD (Moving Average Convergence Divergence):

• MACD for the last few weeks shows divergence between MACD line and the Signal line, with the MACD line well above the signal line, which further supports the bullish continuation although the histogram suggests slowing momentum.

Volume Analysis:

• Noticeably high volume was recorded on April 2nd during the peak and subsequent pullback, showing significant market activity, often indicative of a reversal or strong resistance test.

3. Resistance and Support Levels

• Immediate Resistance: $539 - $540
• Next Resistance: $550, psychological level if $540 breaks.
• Immediate Support: $525
• Next Support: $520, should the stock retrace further.

Conclusion and Strategy

After detailed analysis, it’s apparent the trend remains bullish, but the recent overbought conditions and proximity to key resistance suggest caution with any new long positions. Given the pullback observed, it may be opportune to capitalize on some downside or prepare for a short-term correction.

4. Decision

Based on current analysis, the recommendation is to Sell given the expected short-term correction as price approaches key resistance.

5. Target & Price

• Open Price: $537.5 - Short position around this recent peak.
• Close Price: $525 - Close position recognizing support, taking profit as the price retraces.