BROADCOM INC (AVGO)
US11135F1012 - Common Stock
Taking everything into account, AVGO scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, AVGO did better than 94% of all other stocks. On top of that, AVGO also shows a nice and consistent pattern of rising prices.
AVGO is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 87% of 107 stocks in the same industry.
AVGO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AVGO is lagging the market slightly.
AVGO has an average volume of 3030610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AVGO has a been trading in the 1197.56 - 1391.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AVGO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1,158.51
1,421.09
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1278.21 to 1308.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1226.55 to 1243.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1204.70 to 1204.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1170.21 to 1180.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @1363.21 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1399.18 to 1407.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.41
Mansfield1.5
10 Day High1355.83
10 Day Low1223.31
20 Day High1391.87
20 Day Low1197.56
52 Week High1438.17
52 Week Low628.47
Performance
1 Week0.22%
2 Weeks4.32%
1 Month-2.32%
3 Month1.53%
6 Month36.09%
12 Month106.47%
2 Year124.62%
3 Year175.89%
5 Year417.85%
10 Year1743.94%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.71
RSI(14)51.39
LBB1193.57
UBB1355.65
BROADCOM INC
NASDAQ:AVGO (5/8/2024, 12:17:16 PM)
1321.16
+18.05 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.39%
1 Week0.22%
2 Weeks4.32%
1 Month-2.32%
3 Month1.53%
6 Month36.09%
12 Month106.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)42.78
ATR(20)%3.41%
ATR Inc
Range Today49.42
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1355.83
10 Day Low1223.31
20 Day High1391.87
20 Day Low1197.56
52 Week High1438.17
52 Week Low628.47
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume732.18K
Volume Incr-5.41%
Vol(5)2.28M
Vol(50)3.03M