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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Broadcom Inc. (NASDAQ:AVGO)
Weak Downtrend (-65) - AVGO is showing signs of a strengthening downtrend. Monitor AVGO as it may be building momentum to the downside.
Is it time to buy, sell, or avoid AVGO?
MarketClub looks at technical strength and momentum to determine if the timing is right for AVGO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AVGO
The long-term trend has been UP since Dec 1st, 2022 at 551.6600
The intermediate-term trend has been DOWN since Oct 31st, 2024 at 169.5000
The short-term trend has been DOWN since Nov 12th, 2024 at 176.8201
Smart Scan Analysis for AVGO
Based on our trend formula, AVGO is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 166.66 | 166.80 | 164.31 | 165.32 | -0.35 |
| Prev. Close | Volume | Bid | Ask | Time |
| 165.35 | 11095965 | 2024-11-19 15:59:33 |
| Year High | 274.26 | Year High Date | 2018-01-05 |
| Year Low | 197.457 | Year Low Date | 2018-07-12 |
| 52wk High | 186.42 | 52wk High Date | 2024-10-09 |
| 52wk Low | 90.31 | 52wk Low Date | 2023-12-06 |
| Year End Close | 31.6508 | Average Volume | 18,203,281 |
| Shares Outstanding | 4,670,576 | Short Interest | 1,767,981 |
| % Institutional | 95.3 | Market Cap | 118,629M |
| Assets | 167,966,000M | Liabilities | 102,315,000M |
| P/E Ratio | 143.9357 | Beta | 0.93 |
| Volatility | 43.08 |