BROADCOM INC (AVGO)
US11135F1012 - Common Stock
We assign a technical rating of 9 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that AVGO is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, AVGO also shows a nice and consistent pattern of rising prices.
AVGO is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 92% of 107 stocks in the same industry.
AVGO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so AVGO is performing more or less in line with the market.
AVGO has an average volume of 3072220 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 1197.56 - 1403.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
1,421.09
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1204.70 to 1226.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1180.00 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1399.18 to 1407.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.85
Mansfield2.28
10 Day High1370
10 Day Low1197.56
20 Day High1403.98
20 Day Low1197.56
52 Week High1438.17
52 Week Low601.29
Performance
1 Week11.57%
2 Weeks0%
1 Month1.41%
3 Month11.55%
6 Month60.32%
12 Month114.54%
2 Year142.44%
3 Year194.62%
5 Year322.13%
10 Year2016.65%
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)-1.31
RSI(14)56.4
LBB1196.61
UBB1394.54
BROADCOM INC
NASDAQ:AVGO (4/26/2024, 7:00:00 PM)
After market: 1344.07 0 (0%)1344.07
+49.65 (+3.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg3.84%
1 Week11.57%
2 Weeks0%
1 Month1.41%
3 Month11.55%
6 Month60.32%
12 Month114.54%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)47.19
ATR(20)%3.57%
ATR Inc
Range Today52.7
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 High1370
10 Day Low1197.56
20 Day High1403.98
20 Day Low1197.56
52 Week High1438.17
52 Week Low601.29
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.41M
Volume Incr-1.71%
Vol(5)2.44M
Vol(50)3.07M