Uptrend Call Working As Berkshire Hathaway Stock Rises 27.1% (BRK.A)
SmarTrend identified an Uptrend for Berkshire Hathaway (NYSE:BRK.A) on October 19th, 2011 at $112,531.00. In approximately 15 months, Berkshire Hathaway has returned 27.08% as of today's recent price of $143,000.00.
Berkshire Hathaway share prices have moved between a 52-week high of $143401.00 and a 52-week low of $116450.00 and are now trading 23% above that low price at $143000.00 per share. The 200-day and 50-day moving averages have moved 0.23% higher and 0.56% higher over the past week, respectively.
Berkshire Hathaway Inc. is a holding company owning subsidiaries in a variety of business sectors. The Company's principal operations are insurance business conducted nationwide on a primary basis and worldwide on a reinsurance basis. Berkshire's other operations include The Buffalo News, aviation training, and retail furniture businesses, as well as shoe, candy, and rug manufacturing.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Berkshire Hathaway shares.
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