Technical Analysis for AVGO - Broadcom Limited

Grade Last Price % Change Price Change
C 1408.50 -1.93% -27.67
AVGO closed up 4.07 percent on Wednesday, May 15, 2024, on 1.13 times normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish -1.93%
Expansion Breakout Bullish Swing Setup -1.93%
Pocket Pivot Bullish Swing Setup -1.93%
New 52 Week High Strength -1.93%
Upper Bollinger Band Walk Strength -1.93%
Above Upper BB Strength -1.93%
Overbought Stochastic Strength -1.93%
Up 3 Days in a Row Strength -1.93%
Up 4 Days in a Row Strength -1.93%
Upper Bollinger Band Touch Strength -1.93%

   Recent Intraday Alerts

Alert Time
Down 2 % 28 minutes ago
Down 1% about 2 hours ago
60 Minute Opening Range Breakdown about 2 hours ago
60 Minute Opening Range Breakout about 5 hours ago
Rose Above Previous Day's High about 5 hours ago

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Profile

Broadcom Limited Description

Broadcom Limited designs, develops, and supplies a range of analog and digital semiconductor connectivity solutions. Its product portfolio comprises broadband access and modems, enterprise and network processors, wireless infrastructure, wireless connectivity, Ethernet communication and switching, and set-top box and media processors. The company's products are used in various applications, including data center networking, home connectivity, broadband access, telecommunications equipment, smartphones and base stations, data center servers and storage, factory automation, power generation and alternative energy systems, and displays. It primarily serves wired infrastructure, wireless communications, enterprise storage, and industrial and other markets in China, the United States, Singapore, and internationally. The company was formerly known as Avago Technologies Limited and changed its name to Broadcom Limited in February 2016. The company was founded in 2005 and is headquartered in Singapore.


Classification

Sector: Technology
Industry: Semiconductors
Keywords: S&P 500 Telecommunications Nasdaq 100 Broadband Smartphones Internet Access Ethernet Fabless Semiconductor Companies Work From Home Communications Equipment Wireless Communication Telecommunications Equipment Alternative Energy Computer Network Modem Internet Service Provider Connectivity Solutions Energy Systems Wireless Infrastructure Broadband Access Wireless Connectivity Data Center Network Data Center Server Enterprise Storage Network Processors

Is AVGO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1438.95
52 Week Low 643.2789
Average Volume 2,907,828
200-Day Moving Average 1070.68
50-Day Moving Average 1308.88
20-Day Moving Average 1298.10
10-Day Moving Average 1324.77
Average True Range 44.53
RSI (14) 66.33
ADX 19.33
+DI 38.06
-DI 15.71
Chandelier Exit (Long, 3 ATRs) 1305.36
Chandelier Exit (Short, 3 ATRs) 1331.15
Upper Bollinger Bands 1407.69
Lower Bollinger Band 1188.52
Percent B (%b) 1.13
BandWidth 16.88
MACD Line 19.44
MACD Signal Line 4.88
MACD Histogram 14.5591
Fundamentals Value
Market Cap 672.33 Billion
Num Shares 468 Million
EPS 32.96
Price-to-Earnings (P/E) Ratio 43.57
Price-to-Sales 16.77
Price-to-Book 25.03
PEG Ratio 1.92
Dividend 19.05
Dividend Yield 1.33%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1539.63
Resistance 3 (R3) 1529.06 1484.01 1522.39
Resistance 2 (R2) 1484.01 1457.66 1489.29 1516.64
Resistance 1 (R1) 1460.09 1441.38 1472.05 1470.66 1510.89
Pivot Point 1415.03 1415.03 1421.01 1420.32 1415.03
Support 1 (S1) 1391.11 1388.68 1403.07 1401.68 1361.45
Support 2 (S2) 1346.06 1372.41 1351.34 1355.70
Support 3 (S3) 1322.14 1346.06 1349.95
Support 4 (S4) 1332.71