Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, July 26, 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
153.0900 153.5800 149.9202 151.5900 +2.3300
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 Jul 17th, 2024 at 156.40

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 157.12

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
153.0900 153.5800 149.9202 151.5900 +2.3300
Prev. Close Volume Bid Ask Time
149.2600 16945401 2024-07-26 15:59:44
Year High274.26Year High Date2018-01-05
Year Low197.457Year Low Date2018-07-12
52wk High185.16252wk High Date2024-06-18
52wk Low79.50952wk Low Date2023-09-21
Year End Close31.6508Average Volume36,686,404
Shares Outstanding4,654,880Short Interest1,767,981
% Institutional95.3Market Cap118,629M
Assets175,211,000MLiabilities105,250,000M
P/E Ratio64.1979Beta0.93
Volatility43.08
Get a free daily analysis and signals for Broadcom Inc. (AVGO) - Request Your Free Report.