Europe - Euronext Milan - BIT:1AVGO - US11135F1012 - Common Stock
Taking everything into account, 1AVGO scores 1 out of 10 in our technical rating. 1AVGO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of 1AVGO is bad and it also does not present a 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.
137.41
2 important support areas can be observed.
We found 1 important resistance area.
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 | DOWN | NEGATIVE | The short term trend for 1AVGO.MI is down. |
| ChartMill Relative Strength | 42.22 | NEUTRAL | 1AVGO.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 1AVGO.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of 1AVGO.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 1AVGO.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.61 | NEUTRAL | The RSI value for 1AVGO.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.45 | NEGATIVE | The MACD value suggests 1AVGO.MI has a negative trend. |
| Stochastics (14,3) | 5.47 | OVERSOLD | The low Stochastics value suggests 1AVGO.MI may be oversold. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for 1AVGO.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 17.77 | NEGATIVE | The low ADX value for 1AVGO.MI suggests a weak or negative trend. |
BIT:1AVGO (1/23/2026, 7:00:00 PM)
272.35
-9.3 (-3.3%)
ChartMill assigns a technical rating of 1 / 10 to 1AVGO.MI.
The current trend direction for BROADCOM INC (1AVGO.MI) is Bearish.
BROADCOM INC (1AVGO.MI) has an RSI value of 37.6093. This indicates that the stock is currently neutral.
The MACD indicator for BROADCOM INC (1AVGO.MI) has a value of -1.45097, indicating a bearish trend.
BROADCOM INC (1AVGO.MI) has a support level at 272.34 and a resistance level at 290.06. Check the full technical report for our detailed analysis of 1AVGO.MI support and resistance levels.