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Stock Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

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.

Open High Low AVGO Price Change
827.00 835.75 808.91 814.48 -20.47
Entry Signal

MarketClub’s Trade Triangles for AVGO

long term up The long-term trend has been UP since Dec 1st, 2022 at 551.66

intermediate term down The intermediate-term trend has been DOWN since Sep 18th, 2023 at 840.52

short term down The short-term trend has been DOWN since Oct 3rd, 2023 at 814.68

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).

Smart Scan Analysis for AVGO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
827.00 835.75 808.91 814.48 -20.47
Prev. Close Volume Bid Ask Time
834.95 1373692 2023-10-03 15:59:43
Year High274.26Year High Date2018-01-05
Year Low197.457Year Low Date2018-07-12
52wk High923.6752wk High Date2023-08-31
52wk Low415.068252wk Low Date2022-10-13
Year End Close31.6508Average Volume2,149,396
Shares Outstanding412,736Short Interest1,767,981
% Institutional95.3Market Cap118,629M
P/E Ratio25.675Beta0.93
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