Stock Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Broadcom, Inc (NASDAQ:AVGO)
Long-Term Uptrend (+90) - AVGO is in a strong uptrend that is likely to continue. While AVGO is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid
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 Nov 4th, 2019 at 302.33
The intermediate-term trend has been UP since Jan 24th, 2020 at 322.48
The short-term trend has been UP since Feb 11th, 2020 at 319.84
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).
|Year High||274.26||Year High Date||2018-01-05|
|Year Low||197.457||Year Low Date||2018-07-12|
|52wk High||331.2||52wk High Date||2019-12-18|
|52wk Low||245.9||52wk Low Date||2019-01-14|
|Year End Close||31.6508||Average Volume||2,830,389|
|Shares Outstanding||397,792||Short Interest||1,767,981|
|% Institutional||95.3||Market Cap||118,629M|