BROADCOM INC (AVGO)
US11135F1012 - Common Stock
We assign a technical rating of 10 out of 10 to AVGO. 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 91% 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 81% 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 is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
AVGO has an average volume of 2445700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although AVGO has an excellent technical rating, it does not present a decent entry opportunity 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
1,168.20
1,450.54
4 important support areas can be observed.
- Support @1296.34 from a trend line in the daily time frame.
- Support @1269.66 from a trend line in the weekly time frame.
- Support @1226.55 from a horizontal line in the daily time frame.
- A support zone ranging from 1180.00 to 1204.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1398.12 to 1407.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1436.18 from a horizontal line 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
CRS91.16
Mansfield1.66
10 Day High1445.4
10 Day Low1355.64
20 Day High1445.4
20 Day Low1223.31
52 Week High1445.4
52 Week Low776.38
Performance
1 Week-2.02%
2 Weeks-5.02%
1 Month9.75%
3 Month-2.51%
6 Month46.68%
12 Month67.99%
2 Year135.13%
3 Year188.8%
5 Year442.08%
10 Year1830.21%
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)-1.17
RSI(14)51.04
LBB1334.63
UBB1446.47
BROADCOM INC
NASDAQ:AVGO (5/31/2024, 3:05:54 PM)
After market: 1333.99 +3.37 (+0.25%)1330.62
-33.46 (-2.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.45%
1 Week-2.02%
2 Weeks-5.02%
1 Month9.75%
3 Month-2.51%
6 Month46.68%
12 Month67.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)35.48
ATR(20)%2.62%
ATR Inc
Range Today55.29
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 High1445.4
10 Day Low1355.64
20 Day High1445.4
20 Day Low1223.31
52 Week High1445.4
52 Week Low776.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.04M
Volume Incr11.69%
Vol(5)2.39M
Vol(50)2.45M