BROADCOM INC (AVGO)

US11135F1012 - Common Stock

163.25  -2.1 (-1.27%)

Premarket: 163.36 +0.11 (+0.07%)

Technical Rating and Analysis

6

Overall AVGO gets a technical rating of 6 out of 10. In the last year, AVGO was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

In the last month AVGO has a been trading in the 160.86 - 185.05 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, AVGO did better than 87% of all other stocks. On top of that, AVGO also shows a nice and consistent pattern of rising prices.
AVGO is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry. AVGO outperforms 88% of them.
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 21981100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Weekly and Daily overview Charts
AVGO Weekly chart
AVGO Daily chart
Setup Rating and Analysis

3

AVGO has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

134.00

187.82

4 important support areas can be observed.

  • A support zone ranging from 163.24 to 163.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 146.12 to 147.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @140.85 from a trend line in the daily time frame.
  • Support @135.35 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 172.56 to 173.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 182.89 to 185.96. 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
CRS87.17
Mansfield0.26
10 Day High185.05
10 Day Low160.86
20 Day High185.05
20 Day Low160.86
52 Week High186.42
52 Week Low90.31
Performance
1 Week-5.95%
2 Weeks-9.08%
1 Month-5.91%
3 Month-1.87%
6 Month15.96%
12 Month66.77%
2 Year196.26%
3 Year194.85%
5 Year416.27%
10 Year1647.86%
15 Year10193.2%
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)37.9
LBB159.15
UBB186.08
AVGO Daily chart

BROADCOM INC

NASDAQ:AVGO (11/20/2024, 8:08:05 PM)

Premarket: 163.36 +0.11 (+0.07%)

163.25

-2.1 (-1.27%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.27%
1 Week-5.95%
2 Weeks-9.08%
1 Month-5.91%
3 Month-1.87%
6 Month15.96%
12 Month66.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.95
ATR(20)%3.19%
ATR Inc
Range Today4.68
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 High185.05
10 Day Low160.86
20 Day High185.05
20 Day Low160.86
52 Week High186.42
52 Week Low90.31
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume17.20M
Volume Incr4.54%
Vol(5)18.91M
Vol(50)21.98M