Stock Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
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.
MarketClub’s Trade Triangles for AVGO
The long-term trend has been DOWN since Feb 24th, 2020 at 292.090
The intermediate-term trend has been DOWN since Feb 21st, 2020 at 303.622
The short-term trend has been DOWN since Apr 1st, 2020 at 228.440
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).
|Year High||274.26||Year High Date||2018-01-05|
|Year Low||197.457||Year Low Date||2018-07-12|
|52wk High||331.58||52wk High Date||2020-01-24|
|52wk Low||155.67||52wk Low Date||2020-03-18|
|Year End Close||31.6508||Average Volume||5,564,495|
|Shares Outstanding||397,792||Short Interest||1,767,981|
|% Institutional||95.3||Market Cap||118,629M|