Trading Signals: AVGO Stock Price Prediction and Forecast

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Wed. Jun. 17, 2020

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

(Broadcom)
AVGO latest price $313.5000 (0.78%) ($311.7900 - $316.7100) on Wed. Jun. 17, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.92% (three month average)
RSI   71
Latest Price   $313.5000(0.78%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   AVGO declines -0.1% a day on average for past five trading days.
Weekly Trend   AVGO advances 1.4% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support AVGO advance at 0% a week (0% probability)
BOTZ(68%)    FIVG(66%)    IVW(66%)    IWF(65%)    QQQ(65%)
Factors Impacting AVGO price   AVGO will decline at least -1.96% in a week (0% probabilities).
VIXM(-40%)    UUP(-24%)    VXX(-7%)    IGOV(-4%)    TBT(-2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.96% (StdDev 3.92%)
Hourly BBV 0.8 ()
Intraday Trend 0%

Inflection Point   Yes
5 Day Moving Average   $304.62(2.92%)
10 Day Moving Average   $309.61(1.26%)
20 Day Moving Average   $299.26(4.76%)
To recent high   -1.3%
To recent low   79.2%
Market Cap   $126.059b

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 4.8% (three month std-dev: 3.92%) daily (68% of days).

Sample size 28 Average positive next day return: 1.98%(64%) Average negative next day return: -2.2%(36%) Sample size 28 Average positive next three day return: 3.37%(46%) Average negative next three day return: -3.25%(54%) Sample size 28 Average positive next weekly return: 4.47%(64%) Average negative next weekly return: -5.93%(36%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200717

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	Jun_17_2020	272.59	299.26	309.61	304.62	306.34	311.97	313.5(0.78%)	UT	OpenLong	75	0.6	96	150	107	64	2.02	64%	-0.02	64.2	3.92%	0.8	1	71	-0.9
2	Jun_16_2020	272.64	297.25	309.18	304.93	302.19	306.05	311.06(2.16%)	UT	OpenLong	75	0.4	54	60	54	54	3.04	52%	0.01	63.8	3.98%	1.2	0.9	66	-1
3	Jun_15_2020	272.61	295.4	307.98	305.83	303.68	300.71	304.47(1.34%)	UT	OpenLong	75	-0.1	9	-90	0	36	3.05	52%	-0.07	64	4.73%	1	0.6	66	-1.3
4	Jun_12_2020	272.81	293.32	306.76	308.45	307.02	298.34	300.44(2.33%)	N/A	N/A	0	-0.5	-88	-210	-118	1	4.61	50%	-0.07	59.4	4.8%	-0.8	0.4	68	-1.4
5	Jun_11_2020	273.01	291.72	306.13	311.79	311.38	306.66	293.61(-6.82%)	CR	SmallShort	-20	-1	-93	-110	-127	11	4.5	47%	-0.07	62.8	5.03%	-2.1	0.1	67	-2.6

6	Jun_10_2020	273.21	290.33	305.47	314.91	316.9	315.71	315.09(-0.15%)	UD	OpenLong	75	0	26	-10	9	77	2.59	53%	0.03	65	5.02%	-0.9	1.3	79	0.9
7	Jun_9_2020	273.13	287.97	302.77	313.81	314.99	316.11	315.56(-0.63%)	UT	HoldLong	50	0.1	16	40	-4	77	2.23	49%	0.16	66.7	5.07%	-0.5	1.5	82	1
8	Jun_8_2020	272.7	285.85	299.46	310.34	313.05	318.1	317.56(0.14%)	UT	HoldLong	65	0.4	84	140	77	105	2.39	49%	0.03	69.4	5.2%	0.1	1.9	82	1.6
9	Jun_5_2020	272.61	283.6	295.36	304.84	307.89	313.87	317.12(2.55%)	UT	HoldLong	65	0.8	108	170	106	112	5.1	48%	0.04	71.9	5.2%	0.7	2.2	85	2
10	Jun_4_2020	272.5	281.01	291.06	299.79	300.47	308.01	309.22(-0.12%)	UD	OpenLong	75	0.7	94	180	92	99	3.33	49%	0.02	70	5.22%	0.5	2.1	76	1.6

11	Jun_3_2020	272.44	278.68	287.89	294.61	295.72	301.92	309.59(3.82%)	UT	HoldLong	65	1.2	121	160	125	108	3.2	48%	0.01	61.6	5.24%	1.5	2.5	77	1.7
12	Jun_2_2020	272.42	276.33	284.03	290.23	289.96	292.93	298.19(2.8%)	UT	OpenLong	75	0.8	57	70	52	71	3.18	50%	-0.01	62.3	5.25%	1.4	2.1	68	1.3
13	Jun_1_2020	272.45	274.48	281.48	287	287.36	289.52	290.08(-0.61%)	UD	OpenLong	75	0.3	42	60	37	58	1.84	50%	-0.03	56.7	5.27%	1	1.7	59	1
14	May_29_2020	272.54	272.93	278.61	284.33	285.73	286.99	291.87(3.01%)	UT	OpenLong	75	0.8	43	50	41	48	2.73	50%	-0.06	47.7	5.31%	2.3	2.1	60	1.3
15	May_28_2020	272.69	271.81	276.03	280.92	282.21	285.19	283.34(-1.5%)	UD	OpenLong	75	0.3	23	90	20	32	1.85	50%	-0.1	50.4	5.34%	0.7	1.5	61	0.9

16	May_27_2020	272.95	271.34	274.05	280	280.05	284.47	287.66(1.99%)	UT	OpenLong	75	1	59	110	63	47	2.25	48%	-0.09	60.2	5.34%	0.8	2.2	66	1.5
17	May_26_2020	273.2	270.11	272.03	276.91	278.28	279.23	282.06(1.93%)	UT	OpenLong	75	0.8	47	40	50	37	2.35	48%	-0.27	67.8	5.36%	1.2	1.9	63	1.3
18	May_22_2020	273.95	269.37	271.2	275.17	275.74	275.63	276.73(0.69%)	N/A	N/A	0	0.3	-2	0	-8	15	1.72	46%	-0.17	77.1	5.31%	-0.3	1.3	62	1.2
19	May_21_2020	274.41	268.75	270.94	271.91	275.14	277.33	274.83(-1.39%)	UD	OpenLong	75	0.5	37	90	38	32	1.48	46%	0	59.1	5.35%	-0.6	1.1	63	1.1
20	May_20_2020	274.41	267.97	270.22	270.28	271.25	275.86	278.71(2.39%)	UT	OpenLong	75	1.4	47	130	52	33	1.85	46%	-0.14	51.8	5.36%	1.1	1.8	54	1.5

21	May_19_2020	274.79	267	268.73	267.18	267.51	272.95	272.2(-0.44%)	UD	OpenLong	75	0.8	61	150	72	29	1.87	46%	-0.16	34.4	5.35%	0.6	0.8	47	0.9
22	May_18_2020	275.22	265.85	268	266.47	265.27	266.65	273.4(4.99%)	UT	OpenLong	75	1	38	20	45	17	2.65	45%	-0.16	18.2	5.36%	1.4	1.1	56	1.4
23	May_15_2020	275.66	265.08	266.88	266.88	264.76	262.08	260.41(-2.35%)	DT	OpenShort	-75	-1	-36	-90	-42	-19	2.17	45%	-0.21	19.7	5.32%	-0.3	-0.7	46	1
24	May_14_2020	276.25	265.37	266.95	269.84	268.36	263.9	266.66(1.3%)	DP	OpenShort	-75	-0.5	-40	-130	-48	-17	1.99	44%	-0.04	40.5	5.36%	-0.2	0.2	53	0.8
25	May_13_2020	276.35	264.98	267.39	270.07	270.92	267.43	263.25(-2.02%)	DT	OpenShort	-75	-1	-46	-80	-56	-14	2.19	44%		39.8	5.36%	-1.8	-0.3	55	0.1
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

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