Insurance Technology Industry News

TMCNet:  Uptrend Call Working As Berkshire Hathaway Stock Rises 13.6% (BRK.A)

[November 09, 2012]

Uptrend Call Working As Berkshire Hathaway Stock Rises 13.6% (BRK.A)

Nov 09, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Berkshire Hathaway (NYSE:BRK.A) on October 19th, 2011 at $112,531.00. In approximately 13 months, Berkshire Hathaway has returned 13.61% as of today's recent price of $127,850.00.

Over the past year, Berkshire Hathaway has traded in a range of $110092.00 to $136345.00 and is now at $127850.00, 16% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

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.Log in and add Berkshire Hathaway (BRK.A) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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