Technical Analysis for AVGO - Broadcom Inc

Grade Last Price % Change Price Change
C 40.430 4.76% 1.837
AVGO closed down 0.77 percent on Wednesday, September 18, 2024, on 66 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 4.76%
Multiple of Ten Bearish Other 4.76%
Overbought Stochastic Strength 4.76%
Down 3 Days in a Row Weakness 4.76%
Inside Day Range Contraction 3.95%
Overbought Stochastic Strength 3.95%
MACD Bullish Centerline Cross Bullish 3.06%
Overbought Stochastic Strength 3.06%
Gapped Down Weakness 3.06%
Calm After Storm Range Contraction 1.15%

   Recent Intraday Alerts

Alert Time
Up 5% about 5 hours ago
Up 1 ATR about 6 hours ago
Gapped Up (Full) about 8 hours ago
Rose Above Previous Day's High about 8 hours ago
Up 3% about 8 hours ago

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Profile

Broadcom Inc Description

Broadcom Inc. designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software. It provides set-top box system-on-chips (SoCs); cable, digital subscriber line, and passive optical networking central office/consumer premise equipment SoCs; wireless local area network access point SoCs; Ethernet switching and routing custom silicon solutions; serializer/deserializer application specific integrated circuits; optical and copper, and physical layer devices; and fiber optic components and RF semiconductor devices. The company also offers RF front end modules and filter; Wi-Fi, Bluetooth, and global positioning system/global navigation satellite system SoCs; custom touch controllers; inductive charging; attached small computer system interface, and redundant array of independent disks controllers and adapters; peripheral component interconnect express; fiber channel host bus adapters; read channel based SoCs; custom flash controllers; preamplifiers; optocouplers, industrial fiber optics, and motion control encoders and subsystems; light emitting diode, ethernet PHYs, switch ICs, and camera microcontrollers. Its products are used in various applications, including enterprise and data center networking, home connectivity, set-top boxes, broadband access, telecommunication equipment, smartphones and base stations, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Broadcom Inc. was founded in 1961 and is headquartered in Palo Alto, California.


Classification

Sector: Technology
Industry: Semiconductors
Keywords: Metal Smartphones Gps Wi Fi Storage Systems Fabless Semiconductor Companies Bluetooth Energy Systems Optical Networking Broadband Access Ethernet Fiber Optic Semiconductor Devices Telecommunication Equipment

Is AVGO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 44.2649
52 Week Low 19.3466
Average Volume 113,453
200-Day Moving Average 32.995
50-Day Moving Average 37.804
20-Day Moving Average 37.785
10-Day Moving Average 37.235
Average True Range 1.768
RSI (14) 52.83
ADX 14.94
+DI 27.479
-DI 22.803
Chandelier Exit (Long, 3 ATRs) 35.902
Chandelier Exit (Short, 3 ATRs) 37.577
Upper Bollinger Bands 41.601
Lower Bollinger Band 33.969
Percent B (%b) 0.61
BandWidth 20.200
MACD Line 0.238
MACD Signal Line -0.034
MACD Histogram 0.2723
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 40.657
Resistance 3 (R3) 40.886 40.428 40.313
Resistance 2 (R2) 40.428 39.902 40.313 40.198
Resistance 1 (R1) 39.511 39.577 39.281 39.281 40.084
Pivot Point 39.052 39.052 38.937 38.937 39.052
Support 1 (S1) 38.135 38.527 37.906 37.906 37.103
Support 2 (S2) 37.677 38.202 37.562 36.989
Support 3 (S3) 36.760 37.677 36.874
Support 4 (S4) 36.530