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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BH
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Stronger technical forecast for Biglari Holdings Inc stock price after Friday trading.
(Updated on Jun 21, 2024)

Hold candidate since Jun 21, 2024 PDF

The Biglari Holdings Inc stock price gained 2.06% on the last trading day (Friday, 21st Jun 2024), rising from $186.11 to $189.95. During the last trading day the stock fluctuated 5.53% from a day low at $180.00 to a day high of $189.95. The price has risen in 6 of the last 10 days but is still down by -2.54% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 11 thousand more shares were traded than the day before. In total, 13 thousand shares were bought and sold for approximately $2.46 million.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Biglari Holdings Inc stock with a 90% probability to be traded between $176.54 and $210.44 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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BH Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has risen 5.52%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Biglari Holdings Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $197.34. On a fall, the stock will find some support from the short-term average at $187.52. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Biglari Holdings Inc stock

Biglari Holdings Inc finds support from accumulated volume at $189.68 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $9.95 between high and low, or 5.53%. For the last week, the stock has had daily average volatility of 4.55%.

Our recommended stop-loss: $179.09 (-5.72%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 24 days ago.)

Trading Expectations (BH) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect Biglari Holdings Inc to open at $186.63, and during the day (based on 14 day Average True Range), to move between $183.77 and $196.13, which gives a possible trading interval of +/-$6.18 (+/-3.26%) up or down from last closing price. If Biglari Holdings Inc takes out the full calculated possible swing range there will be an estimated 6.51% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $189.68 (0.14%) than the resistance at $197.11 (3.77%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Biglari Holdings Inc stock A Buy?

Biglari Holdings Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.535 Hold/Accumulate Upgraded

Predicted Opening Price for Biglari Holdings Inc of Monday, June 24, 2024

Fair opening price June 24, 2024 Current price
$186.63 ( 1.75%) $189.95

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BH

Fibonacci Support & Resistance Levels

Level Price
R3 196.58 3.49%
R2 192.78 1.49%
R1 190.43 0.255%
Price 189.95
S1 182.83 -3.75%
S2 180.48 -4.98%
S3 176.68 -6.98%

Accumulated Volume Support & Resistance Levels

Level Price
R3 200.00 5.29%
R2 198.41 4.45%
R1 197.11 3.77%
Price 189.95
S1 189.68 -0.142%
S2 182.32 -4.02%
S3 180.02 -5.23%

BH Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 14, 1996 Jun 14, 1996 Jun 14, 1996 $0.270 0%
2 Nov 28, 1990 Nov 28, 1990 Nov 28, 1990 $17.65 0%
3 Sep 17, 1990 Sep 17, 1990 Sep 17, 1990 $0.208 0%
4 Jun 04, 1990 Jun 04, 1990 Jun 04, 1990 $0.208 0%
5 Feb 26, 1990 Feb 26, 1990 Feb 26, 1990 $0.208 0%

FAQ

What is the symbol for Biglari Holdings Inc Stock and on which exchange is it traded?
The symbol for Biglari Holdings Inc is BH and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Biglari Holdings Inc Stock?
Biglari Holdings Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Biglari Holdings Inc Stock?
Biglari Holdings Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Biglari Holdings Inc Stock.

What's the current price of Biglari Holdings Inc Stock?
As of the end of day on the Jun 21, 2024, the price of an Biglari Holdings Inc (BH) share was $189.95.

What is the 52-week high and low for Biglari Holdings Inc Stock?
The 52-week high for Biglari Holdings Inc Stock is $219.00 and the 52-week low is $137.01.

What is the market capitalization of Biglari Holdings Inc Stock?
As of the Jun 21, 2024, the market capitalization of Biglari Holdings Inc is 585.347M.

When is the next earnings date for Biglari Holdings Inc?
The upcoming earnings date for Biglari Holdings Inc is Aug 02, 2024.
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About Biglari Holdings Inc

Biglari Holdings Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. As of December 31, 2021, it operated 199 Steak n Shake company-operated restaurants, 159 franchise partner units, and 178 traditional franchise units, as well as 3 Western Sizzlin company-operated restaurants and 38 franchised units. Th... BH Profile

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