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Berkeley Group Shares Close at Their Highest Level Since June

Berkeley Group shares closed today at their highest level since June, above their 60-session range, though the housebuilder's stock is still down for the year.

Berkeley Group (LON: BKG), the London-listed housebuilder, closed at 3770p today, its highest level since June. The close sits above the top of its 60-session range.

BKG.LSE

The shares rose 3.5% on the session, trading between 3620p and 3774p, on 1.79 times their 20-session average volume. They remain 15% below their 52-week high and are down 3.4% so far this year, though they stand 21.5% above their 52-week low.

Line chart of Berkeley Group daily closing share price with the 60-session range high and low marked
Berkeley Group’s daily close, with the 60-session range marked

How unusual this is

Over the previous 60 sessions Berkeley had traded between a low of 3114p and a high of 3686p. Today’s close of 3770p is above the top of that range, and it extended a run of five straight sessions higher.

Berkeley’s next scheduled event is its results, which are due on 9 December.

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