Stock Trend Analysis Report
Prepared for you on Tuesday, February 7, 2023.
Broadcom Inc. (NASDAQ:AVGO)
Strong Uptrend (+100) - AVGO is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, AVGO continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for AVGO
The long-term trend has been UP since Dec 1st, 2022 at 551.6600
The intermediate-term trend has been UP since Nov 1st, 2022 at 474.3400
The short-term trend has been UP since Jan 24th, 2023 at 584.7925
Smart Scan Analysis for AVGO
Based on our trend formula, AVGO is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||274.26||Year High Date||2018-01-05|
|Year Low||197.457||Year Low Date||2018-07-12|
|52wk High||645.31||52wk High Date||2022-03-29|
|52wk Low||415.0682||52wk Low Date||2022-10-13|
|Year End Close||31.6508||Average Volume||2,167,087|
|Shares Outstanding||417,886||Short Interest||1,767,981|
|% Institutional||95.3||Market Cap||118,629M|