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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

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.

NASDAQ_AVGO
Open High Low AVGO Price Change
1258.99 1260.00 1218.87 1224.25 -34.74
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 Apr 17th, 2024 at 1296.02

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 1315.48

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).

-70
Smart Scan Analysis for AVGO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1258.99 1260.00 1218.87 1224.25 -34.74
Prev. Close Volume Bid Ask Time
1258.99 1323503 2024-04-19 12:44:22
Year High274.26Year High Date2018-01-05
Year Low197.457Year Low Date2018-07-12
52wk High1438.1752wk High Date2024-03-04
52wk Low601.2952wk Low Date2023-05-04
Year End Close31.6508Average Volume2,623,049
Shares Outstanding468,141Short Interest1,767,981
% Institutional95.3Market Cap118,629M
Assets177,870,000MLiabilities107,586,000M
P/E Ratio46.6638Beta0.93
Volatility43.08
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