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Stock Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

Broadcom, Inc (NASDAQ:AVGO)

Long-Term Downtrend (-90) - AVGO is in a strong downtrend that is likely to continue. While AVGO is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NASDAQ_AVGO
Open High Low AVGO Price Change
429.32 430.86 419.14 422.38 -17.69
Entry Signal

MarketClub’s Trade Triangles for AVGO

long term down The long-term trend has been DOWN since May 12th, 2021 at 419.26

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2021 at 451.62

short term down The short-term trend has been DOWN since May 10th, 2021 at 439.84

Smart Scan Analysis for AVGO

Based on our trend formula, AVGO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for AVGO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
429.32 430.86 419.14 422.38 -17.69
Prev. Close Volume Bid Ask Time
440.07 2542111 2021-05-12 15:59:59
Year High274.26Year High Date2018-01-05
Year Low197.457Year Low Date2018-07-12
52wk High495.1452wk High Date2021-02-19
52wk Low254.7552wk Low Date2020-05-14
Year End Close31.6508Average Volume1,894,885
Shares Outstanding408,302Short Interest1,767,981
% Institutional95.3Market Cap118,629M
Assets769,720,000MLiabilities529,730,000M
P/E Ratio50.934Beta0.93
Volatility43.08
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