Stock Trend Analysis Report
Prepared for you on Tuesday, January 23, 2018.
BROADCOM LTD ORDINARY SHARES (NASDAQ:AVGO)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for AVGO
The long term trend has been UP since Mar 11th, 2016 at 149.72
The intermediate term trend has been UP since Jan 2nd, 2018 at 266.51
The short term trend has been DOWN since Jan 23rd, 2018 at 260.62
Smart Scan Analysis for AVGO
Based on a pre-defined weighted trend formula for chart analysis, AVGO scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||274.26||Year High Date||2018-01-05|
|Year Low||257.57||Year Low Date||2018-01-02|
|52wk High||285.68||52wk High Date||2017-11-27|
|52wk Low||188.42||52wk Low Date||2017-01-23|
|Year End Close||31.6508||Average Volume||2,645,081|
|Shares Outstanding||245,742||Short Interest||1,767,981|