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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.
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MarketClub’s Trade Triangles for AVGO
The long-term trend has been DOWN since May 12th, 2021 at 419.26
The intermediate-term trend has been DOWN since Apr 22nd, 2021 at 451.62
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).
| 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 High | 274.26 | Year High Date | 2018-01-05 |
| Year Low | 197.457 | Year Low Date | 2018-07-12 |
| 52wk High | 495.14 | 52wk High Date | 2021-02-19 |
| 52wk Low | 254.75 | 52wk Low Date | 2020-05-14 |
| Year End Close | 31.6508 | Average Volume | 1,894,885 |
| Shares Outstanding | 408,302 | Short Interest | 1,767,981 |
| % Institutional | 95.3 | Market Cap | 118,629M |
| Assets | 769,720,000M | Liabilities | 529,730,000M |
| P/E Ratio | 50.934 | Beta | 0.93 |
| Volatility | 43.08 |