Trading Signals: AVGO Stock Price Prediction and Forecast

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Fri. Dec. 22, 2023

Trading Signals: AVGO Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)

(Broadcom)
AVGO latest price $1121.1050 (-0.53%) ($1121.1050 - $1121.1050) on Fri. Dec. 22, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.07% (three month average)
RSI   82
Latest Price   $1121.1050(-0.53%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   AVGO declines -0.2% a day on average for past five trading days.
Weekly Trend   AVGO advances 10% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support AVGO advance at 0% a week (0% probability)
BOTZ(83%)    SKYY(80%)    UNG(79%)    TAN(78%)    XLY(77%)
Factors Impacting AVGO price   AVGO will decline at least -1.035% in a week (0% probabilities).
VIXM(-65%)    UUP(-38%)    VXX(-36%)    SHY(-9%)    IGOV(-0%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.035% (StdDev 2.07%)
Hourly BBV 0 ()
Intraday Trend 0%

5 Day Moving Average   $1129.4(-0.73%)
10 Day Moving Average   $1109.35(1.06%)
20 Day Moving Average   $1024.06(9.48%)
To recent high   -2.4%
To recent low   37.9%
Market Cap   $450.8b

Broadcom, Inc., is a holding company, which engages in the design, development, and supply of analog and digital semiconductor connectivity solutions. It operates through the following segments: Wired Infrastructure, Wireless Communications, Enterprise Storage, and Industrial and Other. The Wired Infrastructure segment provides semiconductor solutions for enabling the Set-top Box and broadband access markets. The Wireless Communications segment includes mobile handsets and tablets. The Enterprise Storage segment offers storage products the enable secure movement of digital data to and from host machines such as servers, personal computers, and storage systems to the underlying storage devices. The Industrial and Other segment consists of a variety of products for the general industrial and automotive markets. The company was founded in 1961 and is headquartered in San Jose, CA.

$. AVGO price fluctuates within 8.88% (three month std-dev: 2.07%) daily (68% of days).

Sample size 18 Average positive next day return: 1.56%(39%) Average negative next day return: -3.06%(61%) Sample size 18 Average positive next three day return: 2.64%(44%) Average negative next three day return: -8.34%(56%) Sample size 18 Average positive next weekly return: 6.08%(50%) Average negative next weekly return: -10.01%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20240122

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_22_2023	901.83	1024.06	1109.35	1129.4	1124.17	1124.1	1121.11(-0.53%)	UD	OpenLong	75	-0.1	94	-10	26	299	0.71	69%	0.26	46.2	2.07%	0	1.1	82	1.4
2	Dec_21_2023	899.45	1016.37	1093.11	1131.76	1131.2	1118.73	1127.09(1.48%)	N/A	N/A	0	-0.1	-51	-80	-151	249	1.86	67%	0.26	48.6	2.07%	-0.8	1.2	81	0.6
3	Dec_20_2023	897.09	1008.15	1073.86	1127.76	1132.64	1124.24	1110.61(-2.57%)	N/A	N/A	0	-0.2	-303	-40	-447	131	3.38	65%	0.22	49.8	2.1%	-2.7	1.2	81	0.3
4	Dec_19_2023	895.15	1001.19	1054.31	1123.69	1131.83	1143.67	1139.89(-0.73%)	UD	OpenLong	75	0.2	286	90	246	405	3.36	67%	0.28	51.4	2.09%	0.2	1.7	81	0.7
5	Dec_18_2023	892.67	993.16	1031.91	1110.07	1119.87	1141.05	1148.31(1.36%)	UT	HoldLong	65	0.5	754	160	803	607	4.65	67%	0.28	54.3	2.09%	1.4	2	81	0.8

6	Dec_15_2023	890.18	983.75	1008.94	1086.16	1100.51	1119.99	1132.88(2.33%)	UT	HoldLong	65	0.7	841	160	917	612	6.33	65%	0.27	53	2.09%	1.1	2.2	79	0.8
7	Dec_14_2023	887.76	974.35	987.85	1048.4	1074.48	1098.7	1107.1(1.54%)	UT	OpenLong	75	1	951	230	1068	599	5.3	65%	0.24	47.2	2.1%	1.1	2.3	69	1.6
8	Dec_13_2023	885.62	966.9	968.74	1011.48	1031.62	1081.03	1090.29(1.73%)	UT	OpenLong	75	1.6	1182	400	1362	642	6.16	65%	0.2	40	2.11%	1.1	2.5	68	1.4
9	Dec_12_2023	883.89	960.27	952.6	974.16	989.66	1050.26	1071.77(4.18%)	UT	OpenLong	75	2.5	1909	480	2238	920	7.5	65%	0.2	31.5	2.1%	1.2	2.8	63	1.6
10	Dec_11_2023	882.15	953.43	938.53	942.49	948.69	982.2	1028.74(8.97%)	UT	OpenLong	75	2.9	1468	270	1739	653	8.29	62%	0.15	21.6	2.06%	1.7	2.5	53	1.4

11	Dec_8_2023	880.86	949.43	929.49	921.37	919.39	929.07	944.1(2.34%)	UT	OpenLong	75	0.9	366	70	461	82	6.96	56%	0.06	16.2	1.75%	2.7	-0.2	39	1.2
12	Dec_7_2023	880.36	948.04	931.92	918.63	915.83	915.18	922.48(2.08%)	RB	SmallLong	20	0.1	78	-10	123	-57	2.5	54%	0.02	19.6	1.73%	1.9	-1	39	1
13	Dec_6_2023	880.15	947.84	936.6	919.17	917.81	909.7	903.7(-1.07%)	DT	OpenShort	-75	-0.6	-266	-70	-281	-221	2.48	52%	-0	29.7	1.72%	-1.4	-1.6	29	1.2
14	Dec_5_2023	880.17	948.08	944.36	926.75	922.13	916.47	913.43(-1.05%)	DT	OpenShort	-75	-0.5	-375	-60	-414	-257	3.68	52%	0	46.9	1.72%	-1.1	-1.3	32	1.3
15	Dec_4_2023	880.14	947.01	952.47	933.12	929.65	925.91	923.13(-0.78%)	DT	OpenShort	-75	-0.3	-158	-40	-166	-132	2.5	52%	0.04	55	1.71%	-0.5	-0.8	46	1.4

16	Dec_1_2023	879.8	945.47	958.01	938.59	935.61	927.79	930.41(0.57%)	DP	OpenShort	-75	-0.2	-262	-70	-294	-166	2.32	48%	0.05	63.1	1.72%	-0.3	-0.5	44	1.3
17	Nov_30_2023	879.4	942.97	961.34	947.41	942.55	933.39	925.17(-1.74%)	DT	OpenShort	-75	-0.6	-412	-80	-480	-207	2.68	51%	0.04	70.2	1.86%	-1.3	-0.5	57	1.4
18	Nov_29_2023	879.05	939.94	966.54	956.77	954.88	943.44	941.6(-0.39%)	DT	OpenShort	-75	-0.4	-297	-90	-355	-121	2.15	53%	0.07	69.8	1.85%	-0.8	0	61	1.3
19	Nov_28_2023	878.45	935.45	969.9	964.72	962.42	951.71	945.27(-0.55%)	DT	OpenShort	-75	-0.4	-445	-90	-541	-158	3.05	53%	0.08	64.2	1.89%	-1.3	0.2	65	1.5
20	Nov_27_2023	877.74	930.71	970.57	974.79	971.45	966.32	950.52(-2.46%)	DT	OpenShort	-75	-0.5	-240	-50	-312	-25	9.55	53%	0.12	63.5	1.89%	-2.7	0.4	70	1.3

21	Nov_24_2023	876.7	925.25	971.66	980.11	979.39	973.13	974.5(0.26%)	N/A	N/A	0	-0.1	-51	-50	-100	98	2.3	55%	0.16	61	1.87%	0	0.9	76	1.4
22	Nov_22_2023	875.28	918.11	965.9	977.27	980.03	976.58	971.94(-0.96%)	CR	SmallShort	-20	-0.1	-128	-20	-193	69	3.36	57%	0.11	53.9	1.91%	-1.5	1	78	1.2
23	Nov_21_2023	874.31	912.12	960.3	977.64	977.17	985.64	981.39(-1.43%)	UD	OpenLong	75	0.1	117	60	88	205	3.68	60%	0.12	53.3	1.91%	-0	1.3	83	1.3
24	Nov_20_2023	873.25	906.81	952.28	975.89	975.27	983.49	995.62(1.9%)	UT	HoldLong	65	0.4	430	60	451	365	1.87	60%	0.15	54.5	1.97%	1.7	1.7	88	1.4
25	Nov_17_2023	871.95	899.99	940.96	966.07	970.96	968.7	977.09(1.75%)	UT	HoldLong	65	0.2	185	-0	163	250	1.52	60%		49.5	1.96%	1.2	1.6	87	1.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD