BROADCOM INC (AVGO) Stock Technical Analysis
NASDAQ:AVGO - Nasdaq - US11135F1012 - Common Stock - Currency: USD
Overall AVGO gets a technical rating of 3 out of 10. Although AVGO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
AVGO is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 92% of 109 stocks in the same industry.
AVGO has an average volume of 33447500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, AVGO did better than 83% of all other stocks. However, we also see that AVGO couldn't keep up this performance in the last couple of months.
AVGO is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month AVGO has a been trading in the 138.10 - 196.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AVGO has a poor technical rating and the quality of the setup is also only medium 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.
More info and screens
144.82
197.54
When analyzing the support we notice one important area.
- A support zone ranging from 146.28 to 146.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @177.27 from a trend line in the daily time frame.
- A resistance zone ranging from 193.46 to 195.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.23
Mansfield0.37
10 Day High187.33
10 Day Low138.1
20 Day High196.69
20 Day Low138.1
52 Week High251.88
52 Week Low120.05
Performance
1 Week-0.76%
2 Weeks11.03%
1 Month-10.26%
3 Month-27.99%
6 Month-4.95%
12 Month41.93%
2 Year172.93%
3 Year208.43%
5 Year529.52%
10 Year1362.95%
15 Year8236.91%
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)2.32
RSI(14)45.59
LBB145.95
UBB191.31
170.99
-3.62 (-2.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.07%
1 Week-0.76%
2 Weeks11.03%
1 Month-10.26%
3 Month-27.99%
6 Month-4.95%
12 Month41.93%
2 Year172.93%
3 Year208.43%
5 Year529.52%
10 Year1362.95%
15 Year8236.91%
Volatility
ATR(14)13.36
ATR(20)%6.67%
ATR Inc-30.28%
Range Today6.33
ADR(20)10.12
ADR(20)%5.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.23
Mansfield0.37
10 Day High187.33
10 Day Low138.1
20 Day High196.69
20 Day Low138.1
52 Week High251.88
52 Week Low120.05
CS1 End146.84
CR1 Start177.27
Volume & EV
DER(3)1.82%
DER(5)1.07%
Volume22.50M
Volume Incr-31.55%
Vol(5)26.82M
Vol(50)33.45M