BROADCOM INC (AVGO) Stock Technical Analysis
USA - NASDAQ:AVGO - US11135F1012 - Common Stock
340.69 USD
+1.9 (+0.56%)
We assign a technical rating of 10 out of 10 to AVGO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AVGO is showing a nice and steady performance.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
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 92% of all other stocks.
AVGO is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 85% of 112 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 has an average volume of 22474100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AVGO has a been trading in the 287.17 - 374.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AVGO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
285.75
344.10
When analyzing the support we can see 3 important areas.
- Support @321.28 from a trend line in the daily time frame.
- A support zone ranging from 308.26 to 308.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 288.64 to 289.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | UP | POSITIVE | The long term trend for AVGO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AVGO is up. |
| ChartMill Relative Strength | 92.88 | POSITIVE | AVGO has a high relative strength, it outperformed 92.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVGO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AVGO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AVGO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.86 | NEUTRAL | The RSI value for AVGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.81 | NEGATIVE | The MACD value suggests AVGO has a negative trend. |
| Stochastics (14,3) | 62.55 | NEUTRAL | The Stochastics value for AVGO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.1 | MEDIUM VOLATILITY | The ATR as a percentage value for AVGO suggests some volalility. |
| Average Directional Index/ADX (14) | 29.42 | POSITIVE | The high ADX value value for AVGO suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 352.52 | 335.82 | 16.70 (4.74%) | 21.11% |
| An entry @352.52. This is a Buy Stop order right above the 10 day moving average. | An exit @335.82. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 16.70 points, which is 4.74%. | When investing 21.11% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of AVGO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:AVGO (9/23/2025, 9:52:09 AM)
340.69
+1.9 (+0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.56%
1 Week-6.95%
2 Weeks-1.98%
1 Month15.23%
3 Month25.78%
6 Month100.33%
12 Month96.18%
2 Year307.9%
3 Year663.02%
5 Year829.92%
10 Year2610.1%
15 Year14950.6%
Volatility
ATR(14)15.72
ATR(20)%4.1%
ATR Inc-43%
Range Today5.04
ADR(20)11.42
ADR(20)%3.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.88
Mansfield3.23
10 Day High374.23
10 Day Low335.83
20 Day High374.23
20 Day Low287.17
52 Week High374.23
52 Week Low138.1
CS1 End321.28
CR1 StartN/A
Volume & EV
DER(3)-0.7%
DER(5)-1.18%
Volume2.61M
Volume Incr19.87%
Vol(5)32.21M
Vol(50)22.47M