Technical Analysis for AVGO - Broadcom Inc

Grade Last Price % Change Price Change
B 43.560 -1.98% -0.880
AVGO closed down 1.98 percent on Friday, October 11, 2024, on approximately 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 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
Jack-in-the-Box Bullish Bullish Swing Setup -1.98%
Inside Day Range Contraction -1.98%
Overbought Stochastic Strength -1.98%
Upper Bollinger Band Touch Strength -1.98%
Gapped Down Weakness -1.98%
New 52 Week Closing High Bullish -1.98%
Expansion Breakout Bullish Swing Setup -1.98%

   Recent Intraday Alerts

Alert Time
Gapped Down (Full) 2 days ago
Down 1 ATR 2 days ago
Fell Below Previous Day's Low 2 days ago
Down 3% 2 days ago
Down 2% 2 days 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 44.64
52 Week Low 19.815
Average Volume 100,887
200-Day Moving Average 34.421
50-Day Moving Average 38.958
20-Day Moving Average 41.540
10-Day Moving Average 42.332
Average True Range 1.481
RSI (14) 63.10
ADX 19.96
+DI 27.867
-DI 18.869
Chandelier Exit (Long, 3 ATRs) 40.196
Chandelier Exit (Short, 3 ATRs) 41.981
Upper Bollinger Bands 44.752
Lower Bollinger Band 38.328
Percent B (%b) 0.81
BandWidth 15.464
MACD Line 1.366
MACD Signal Line 1.150
MACD Histogram 0.2161
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 45.315
Resistance 3 (R3) 45.173 44.447 45.023
Resistance 2 (R2) 44.447 44.000 44.518 44.925
Resistance 1 (R1) 44.003 43.724 44.225 44.145 44.827
Pivot Point 43.277 43.277 43.388 43.348 43.277
Support 1 (S1) 42.833 42.830 43.055 42.975 42.293
Support 2 (S2) 42.107 42.554 42.178 42.195
Support 3 (S3) 41.663 42.107 42.098
Support 4 (S4) 41.805