BROADCOM INC (AVGO)

US11135F1012 - Common Stock

1436.17  +56.14 (+4.07%)

After market: 1440 +3.83 (+0.27%)

Technical Rating and Analysis

10

Overall AVGO gets a technical rating of 10 out of 10. Both in the recent history as in the last year, AVGO has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, AVGO did better than 95% of all other stocks. We also observe that the gains produced by AVGO over the past year are nicely spread over this period.
AVGO is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 93% of 107 stocks in the same industry.
A new 52 week high is currently being made by AVGO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month AVGO has a been trading in the 1197.56 - 1438.95 range, which is quite wide. It is currently trading near the high of this range.
AVGO has an average volume of 2924730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
AVGO Weekly chart
AVGO Daily chart
Setup Rating and Analysis

1

Although AVGO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

1,167.48

1,450.53

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 1226.55 to 1324.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 1179.27 to 1180.00. This zone is formed by a combination of multiple trend lines in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.59
Mansfield2.25
10 Day High1438.95
10 Day Low1223.31
20 Day High1438.95
20 Day Low1197.56
52 Week High1438.95
52 Week Low674.12
Performance
1 Week8.36%
2 Weeks15.55%
1 Month11.97%
3 Month15.31%
6 Month46.89%
12 Month110.51%
2 Year147.56%
3 Year204.06%
5 Year470.72%
10 Year1932.22%
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)14.66
RSI(14)66.3
LBB1221.22
UBB1417.85
AVGO Daily chart

BROADCOM INC

NASDAQ:AVGO (5/15/2024, 7:00:00 PM)

After market: 1440 +3.83 (+0.27%)

1436.17

+56.14 (+4.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg4.07%
1 Week8.36%
2 Weeks15.55%
1 Month11.97%
3 Month15.31%
6 Month46.89%
12 Month110.51%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)43.28
ATR(20)%3.01%
ATR Inc
Range Today68.98
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 High1438.95
10 Day Low1223.31
20 Day High1438.95
20 Day Low1197.56
52 Week High1438.95
52 Week Low674.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.28M
Volume Incr-17.8%
Vol(5)1.98M
Vol(50)2.92M