Stock Trend Analysis Report
Prepared for you on Monday, December 17, 2018.
Broadcom, Inc (NASDAQ:AVGO)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Oct 1st, 2018 at 251.80
The intermediate term trend has been UP since Dec 11th, 2018 at 247.04
The short term trend has been UP since Dec 10th, 2018 at 238.28
Smart Scan Analysis for AVGO
Based on a pre-defined weighted trend formula for chart analysis, AVGO scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||274.26||Year High Date||2018-01-05|
|Year Low||197.457||Year Low Date||2018-07-12|
|52wk High||278.3507||52wk High Date||2017-11-30|
|52wk Low||197.4567||52wk Low Date||2018-07-12|
|Year End Close||31.6508||Average Volume||2,991,581|
|Shares Outstanding||245,742||Short Interest||1,767,981|