Berkshire Hathaway is known for buying value stocks. That’s the idea behind the Warren Buffett-founded firm with the famous long-term track record of success. The near-term is not a concern as long as the underlying valuation is determined to be worth an investment.
Just for the record, though, it’s probably good to know how the stocks are doing from the standpoint of strict price chart analysis. Without referencing the price-earnings ratio or other such fundamental metrics, how has the company been trading? It doesn’t hurt to find out and certainly provides a unique perspective.
Berkshire Hathaway’s biggest positions: the price charts
Apple.
Here’s the daily price chart:
Since December 2024, it’s a series of lower highs and lower lows: the definition of a downtrend. The 50-day moving average crossed below the 200-day moving average in early April. While other big cap tech stocks are now approaching their former highs, this is not the case with Apple.
Here’s the weekly:
The price peaked in late 2024 at near $260 and in early April 2025 dipped below the 200-weel moving average. Buyers re-entered but, thus far, the stock has been unable to climb above the 50-week moving average. It’s underperforming the Nasdaq 100 which is back above its 50-week for the last two weeks.
American Express.
The daily price chart is here:
The price has recovered from the April low but has yet to reclaim the January high. The stock trades now above the up trending 200-day moving average again. The 50-day moving average has turned upward. The resistance level is that $325 level from early this year.
The weekly is here:
American Express in April never dipped below the up trending 200-week moving average, unlike Apple. Although it dropped below the 50-week moving average, the price has recovered to above it again – for the last four weeks.
Coca Cola.
The daily price chart looks like this:
The price gapped up in February. Although it dipped below the 50-day moving average in early April, the stock now trades just above that level. Note that Coca Cola never dipped below the 200-day moving average during the April sell-off, unlike most other NYSE equities.
The weekly is here:
The 200-day moving average continues steadily upward. The stock managed to remain above the up trending 50-week moving average during the massive April 2025 sell-off. The new high of just above $74 is now resistance.
Bank of America.
Here’s the daily:
The recovery from the April lows is substantial – from $33 to the present $43 is a 30% gain. The stock trades again above its 200-day moving average. It’s also above the 50-day moving average which has turned upward.
The weekly is here:
In April, the price dipped below the 200-day moving average. It now trades well above that level and is back above the 50-day as well. The high of just above $47 may be re-tested.
Chevron.
Here’s the daily:
The price drop from early April to the present is clear. The peak was near $165 and it now goes for $135. The 50-day moving average in May has crossed below the 200-day moving average. The stock has failed to make it back above either measure and remains barely above the April lows.
The weekly is here:
The April 2025 selling took the price to below the 2024 low and the 2023 low. The big oil company now trades below both its 200-week and its 50-week moving averages. The 50-week has turned downward.
More analysis and commentary at johnnavin.substack.com.
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