Technical Analysis for AVGO - Broadcom Inc

Grade Last Price % Change Price Change
C 39.200 -2.24% -0.900
AVGO closed up 1.78 percent on Friday, September 13, 2024, on 85 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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
Calm After Storm Range Contraction -2.24%
NR7 Range Contraction -2.24%
Narrow Range Bar Range Contraction -2.24%
Stochastic Reached Overbought Strength -2.24%
Multiple of Ten Bullish Other -2.24%
Gapped Up Strength -2.24%
Overbought Stochastic Strength -2.24%
Up 3 Days in a Row Strength -2.24%
Up 4 Days in a Row Strength -2.24%
Up 5 Days in a Row Strength -2.24%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low about 4 hours ago
Down 3% about 4 hours ago
Down 2% about 4 hours ago
Down 1% about 4 hours ago
Possible NR7 3 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 44.41
52 Week Low 19.41
Average Volume 114,464
200-Day Moving Average 32.859
50-Day Moving Average 38.089
20-Day Moving Average 38.047
10-Day Moving Average 36.926
Average True Range 1.888
RSI (14) 60.63
ADX 17.03
+DI 29.583
-DI 22.996
Chandelier Exit (Long, 3 ATRs) 35.675
Chandelier Exit (Short, 3 ATRs) 38.045
Upper Bollinger Bands 42.083
Lower Bollinger Band 34.010
Percent B (%b) 0.75
BandWidth 21.220
MACD Line -0.036
MACD Signal Line -0.250
MACD Histogram 0.2135
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 41.420
Resistance 3 (R3) 41.333 40.807 41.200
Resistance 2 (R2) 40.807 40.471 40.850 41.127
Resistance 1 (R1) 40.453 40.263 40.630 40.540 41.053
Pivot Point 39.927 39.927 40.015 39.970 39.927
Support 1 (S1) 39.573 39.591 39.750 39.660 39.147
Support 2 (S2) 39.047 39.383 39.090 39.073
Support 3 (S3) 38.693 39.047 39.000
Support 4 (S4) 38.780