New sell signal · US stocks
Berkshire Hathaway slips 0.6%, a 3rd down week that triggers a new Sell signal
Our view last week
Berkshire Hathaway stock slips 0.8%, a second losing week in a row, yet sellers loosen their grip: from 79% of volume a week ago down to 59%. Money flow turns higher again, positive for 17 weeks, and price holds above the 50-week average, while the MACD loses push. In this weekly technical analysis the trade stays 3.27% in profit from entry, with indecisive price action worth following for swing trading in US stocks.
This week's summary
3 lower highs on the daily chart, from the 524 area to the 507 area, and a 3rd straight down week: a new Sell signal has triggered on Berkshire Hathaway. A week ago the trade was still in profit; now the weekly MACD is losing push and money flow, still positive, has turned lower. Berkshire Hathaway stock holds above its 50-week average, though: in this weekly technical analysis the price action shows an orderly decline, and for swing trading in US stocks opening a short here is high-risk.
IQS Phase
53
ordinary
Signal Strength
34
downtrend making lower lows, pace holding
Sizing
REDUCED
Ranking
#75 / 175
New us stocks
Trade P&L %
+0.00%
from signal to date, no stop loss
Berkshire Hathaway (BRK.B) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 75th among the 175 sell signals for US stocks in our ranking, with a signal strength of 34 out of 100.
Sector context
SectorFinancials
Benchmark ETFXLF
Sector regimeweak phase
Performanceweekly -2.46% · monthly -7.23%
BRK.B belongs to the financials sector (reference ETF XLF). The sector is classified weak phase according to our weekly reading.
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