BROADCOM INC (1AVGO.MI) Stock Technical Analysis
BIT:1AVGO - Euronext Milan - US11135F1012 - Common Stock - Currency: EUR
Overall 1AVGO gets a technical rating of 6 out of 10. 1AVGO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, 1AVGO is a bad performer in the overall market: 97% of all stocks are doing better.
1AVGO is part of the Semiconductors & Semiconductor Equipment industry. There are 54 other stocks in this industry, of which 84% are performing better than 1AVGO.
1AVGO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so 1AVGO is lagging the market.
Warning: 1AVGO has an average volume of 2795 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month 1AVGO has a been trading in the 120.06 - 220.05 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
1AVGO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
127.16
235.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 201.13 to 202.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 132.26 to 132.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @128.44 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 230.25 to 233.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for 1AVGO.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1AVGO.MI is up. |
| ChartMill Relative Strength | 3.7 | NEGATIVE | 1AVGO.MI has a low relative strength, it was outperformed by 96.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 1AVGO.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 1AVGO.MI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 67.12 | NEUTRAL | The RSI value for 1AVGO.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.78 | POSITIVE | The MACD value suggests 1AVGO.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.25 | OVERBOUGHT | The high Stochastics value suggests 1AVGO.MI may be overbought. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for 1AVGO.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.33 | NEUTRAL | The ADX value for 1AVGO.MI suggests a possible start of a new trend. |
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)
BIT:1AVGO (6/4/2025, 7:00:00 PM)
227.7
+15.2 (+7.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg7.15%
1 Week2.09%
2 Weeks19.79%
1 Month62.22%
3 Month-1.07%
6 Month35.94%
12 Month-81.82%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.36
ATR(20)%4.85%
ATR Inc13.86%
Range Today7.35
ADR(20)6.88
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.7
Mansfield-4.98
10 Day High220.05
10 Day Low176.36
20 Day High220.05
20 Day Low120.06
52 Week High1790
52 Week Low115.14
CS1 End202.79
CR1 Start230.25
Volume & EV
DER(3)0%
DER(5)0%
Volume17.53K
Volume Incr-29.91%
Vol(5)1.38K
Vol(50)2.80K