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Stock Trend Analysis Report
Prepared for you on Thursday, November 7, 2024.
Broadcom Inc. (NASDAQ:AVGO)
Bull Market Weakness (+75) - AVGO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AVGO as it may be in the beginning stages of a reversal.
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 551.66
The intermediate-term trend has been DOWN since Oct 31st, 2024 at 169.50
The short-term trend has been UP since Nov 6th, 2024 at 174.40
Smart Scan Analysis for AVGO
Based on our trend formula, AVGO is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 182.0000 | 184.8722 | 181.7900 | 183.8400 | +4.2900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 179.5500 | 13717768 | 2024-11-07 15:59:58 |
| 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 | 89.9 | 52wk Low Date | 2023-11-08 |
| Year End Close | 31.6508 | Average Volume | 18,906,214 |
| 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 | 155.9948 | Beta | 0.93 |
| Volatility | 43.08 |