Biglari Holdings Inc. Class B

Stage 3 · Topping · week 5

As of Oct 22, 2026, Biglari Holdings is in Stage 3, the topping phase, now in week 5 (since Sep 21, 2026). It closed at $395.33, 17.1% below its 52-week high and above its 200-day average, which is rising.

Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. More about the company

$395.33

-4.58% today

$1.3B · Small cap

Market Neutral — Building

Pro read

Pro

Our read

Topping: the uptrend is tiring

Setup score

—

Momentum

Accelerating ⇈

Edge

—

Is BH early, or has it already run? Pro answers that for every US stock we cover, after every close.

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S1 14w

S3 14w

S2 28w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 1w → S3 7w → S4 11w → S1 14w → S2 11w → S3 14w → S4 7w → S1 4w → S2 13w → S3 10w → S2 28w → S3 6w → S2 9w → S3 5w → S4 9w → S1 4w → S2 8w → S3 5w current

Total tracked: 165 weeks across 18 stage runs.

BH among Restaurants16th of 54 by relative strength

All 54 →

Stocks in Restaurants ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	CAKEThe Cheesecake Factory Incorporated	Stage 2 · wk 20	95	+7.7%
2	NDLSNoodles & Company Class A	Stage 3 · wk 2	95	−9.0%
3	CBRLCracker Barrel Old Country Store, Inc.	Stage 2 · wk 1	93	+42.2%
4	BJRIBJ's Restaurants, Inc.	Stage 3 · wk 4	93	−4.5%
5	LOCOEl Pollo Loco Holdings, Inc.	Stage 3 · wk 6	89	+5.3%
6	BDLFlanigan's Enterprises, Inc.	Stage 2 · wk 19	87	+11.1%
7	EATBrinker International, Inc.	Stage 3 · wk 1	83	−9.8%
8	RRGBRed Robin Gourmet Burgers, Inc.	Stage 2 · wk 17	79	+12.7%
…16	BHBiglari Holdings Inc. Class B	Stage 3 · wk 5	62	+13.9%

vs 52W High

-17.1%

$247.83 lo$476.92 hi

17.1% below 52W high, weakening from peak

The stock is rolling over from its 52-week high. In Stage 3 distribution, new long positions carry high risk.

Stage Maturity

Week 5

1w13w26w

Week 5, early distribution

How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.

vs 200 DMA

10.3%

200 DMA: $358.34 · rising

Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.

Rel Volume

0.81x

vs 50-day avg

Volume spikes on down days during Stage 3 signal distribution, with institutions exiting. Stage analysis reads that as a warning against new long positions.

Trend Health

↑ ⇈

Short-term trend rising strongly, and accelerating

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

+13.9%

+3.7%

+29.2%

YTD

+15.0%

+9.1%

Scan Membership

Breakout Watch

Latest: 2025-05-22

7 appearances in last 60 days. First seen: 2020-01-08.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S3

Wk 5 · Vol 0.81x

2026-10-21S3

Wk 5 · Vol 1.06x

2026-10-20S3

Wk 5 · Vol 0.95x

2026-10-19S3

Wk 5 · Vol 0.53x

2026-10-16S3

Wk 4 · Vol 0.51x

2026-10-15S3

Wk 4 · Vol 0.56x

2026-10-14S3

Wk 4 · Vol 0.81x

2026-10-13S3

Wk 4 · Vol 0.64x

2026-10-12S3

Wk 4 · Vol 0.91x

2026-10-09S3

Wk 3 · Vol 0.38x

2026-10-08S3

Wk 3 · Vol 0.33x

2026-10-07S3

Wk 3 · Vol 0.73x

Moving averages & range

50 DMA

$376.16

200 DMA

$358.34

52W High

$476.92

52W Low

$247.83

5D Low

$395.33

Resistance levels (recent highs)

20d High

$449.78

60d High

$449.78

120d High

$449.78

250d High

$476.92

Next resistance

+13.8%

to 20d High

Earnings Growth (YoY)

-18.7%

Revenue +7.9%

ROE

-5.3%

Profit margin -7.3%

Dividend Yield

0.00%

P/B 0.5

Biglari Holdings: quick answers

What stage is Biglari Holdings in?

As of Oct 22, 2026, Biglari Holdings (BH) is in Stage 3, the topping phase. It entered Stage 3 on Sep 21, 2026 and is in week 5. What the four stages mean

Is Biglari Holdings in an uptrend?

Its uptrend has stalled. Biglari Holdings is in Stage 3, the topping phase that follows an advance. It trades 10.3% above its 200-day average, which is rising.

How far is Biglari Holdings from its 52-week high?

Biglari Holdings closed at $395.33 on Oct 22, 2026, 17.1% below its 52-week high of $476.92. Its 52-week low is $247.83.

How has Biglari Holdings performed over the past year?

As of Oct 22, 2026, Biglari Holdings is up 9.1% over the past year and up 15.0% so far in 2026.

Which sector and industry is Biglari Holdings in?

Biglari Holdings is in the Restaurants industry, part of the Consumer Discretionary sector.

About this companyConsumer Discretionary· Restaurants

Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. The company owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. It also engages in underwriting commercial truck insurance, including selling physical damage and non-trucking liability insurance to truckers; and property and casualty insurance and reinsurance. In addition, the company operates oil and natural gas properties offshore in Louisiana state waters and in the Permian Basin; and publishes, licenses, and sells magazines under the MAXIM brand names. Further, it involved investment activities. The company was formerly known as The Steak n Shake Company and changed its name to Biglari Holdings Inc. in April 2010. Biglari Holdings Inc. was founded in 1934 and is based in San Antonio, Texas.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.