Trading Signals: AVGO Stock Price Prediction and Forecast

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Fri. Oct. 9, 2020

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

(Broadcom)
AVGO latest price $376.5350 (0.86%) ($374.0000 - $380.0000) on Fri. Oct. 9, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.78% (three month average)
RSI   66
Latest Price   $376.5350(0.86%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   AVGO advances 1.1% a day on average for past five trading days.
Weekly Trend   AVGO advances 2% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support AVGO advance at 0% a week (0% probability)
BOTZ(68%)    FIVG(65%)    IVW(65%)    IWF(64%)    QQQ(64%)
Factors Impacting AVGO price   AVGO will decline at least -0.89% in a week (0% probabilities).
VIXM(-38%)    UUP(-24%)    IGOV(-7%)    VXX(-5%)    TBT(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.89% (StdDev 1.78%)
Hourly BBV 0.8 ()
Intraday Trend 0%

5 Day Moving Average   $369.36(1.94%)
10 Day Moving Average   $366.97(2.61%)
20 Day Moving Average   $363.37(3.62%)
To recent high   0%
To recent low   23.1%
Market Cap   $151.406b

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 1.79% (three month std-dev: 1.78%) daily (68% of days).

Sample size 50 Average positive next day return: 0.94%(50%) Average negative next day return: -0.93%(50%) Sample size 50 Average positive next three day return: 1.52%(48%) Average negative next three day return: -2.15%(52%) Sample size 50 Average positive next weekly return: 2.53%(48%) Average negative next weekly return: -2.67%(52%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201109

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	Oct_9_2020	328.79	363.37	366.97	369.36	370.51	374.54	376.54(0.86%)	UT	OpenLong	75	1.1	183	90	195	146	1.73	59%	0.32	45.8	1.78%	0.8	2	66	2.6
2	Oct_8_2020	327.75	362.47	364.95	365.39	367.49	369.85	373.32(1.77%)	UT	OpenLong	75	1.4	143	60	155	108	1.69	59%	0.3	37.7	1.78%	1.4	1.8	58	1.7
3	Oct_7_2020	326.78	361.62	362.88	364.46	364.07	366.48	366.84(0.75%)	UT	OpenLong	75	0.4	38	40	36	45	1.23	59%	0.29	21.8	1.79%	-0.1	1	50	1
4	Oct_6_2020	325.82	361.25	361.41	363.99	364.27	365.12	364.1(-0.52%)	UD	OpenLong	75	0	86	20	96	54	1.67	59%	0.29	18.5	1.81%	0.1	0.5	48	0.3
5	Oct_5_2020	324.89	360.61	361.12	364.02	364.24	361.65	365.99(2.6%)	DP	OpenShort	-75	0.3	-43	-50	-54	-10	1.89	59%	0.33	21.4	1.81%	0.8	0.9	49	0.6

6	Oct_2_2020	323.81	360.42	359.74	364.23	364.52	363.42	356.71(-3.24%)	DT	OpenShort	-75	-1.3	-104	-20	-123	-46	1.71	57%	0.28	37.8	1.8%	-1.8	-0.7	47	0.4
7	Oct_1_2020	322.89	360.28	360.04	364.19	366.22	366.83	368.67(1.14%)	UT	OpenLong	75	0.8	89	30	103	45	1.6	61%	0.33	46.9	1.74%	0.9	1.4	57	0.8
8	Sep_30_2020	321.82	360.47	359.59	360.96	362.85	365.62	364.5(0.08%)	UT	OpenLong	75	0.5	52	70	63	19	2.24	61%	0.31	53.6	1.75%	-1.2	0.6	56	0.8
9	Sep_29_2020	320.84	360.21	359.72	358.35	359.72	365.6	364.22(-0.77%)	UD	OpenLong	75	0.9	176	130	211	70	1.36	61%	0.28	59.9	1.76%	0.6	0.6	53	0.9
10	Sep_28_2020	319.94	359.4	359.9	357.83	356.65	360.08	367.06(2.96%)	UT	OpenLong	75	1.3	180	60	213	82	2.22	61%	0.29	63	1.75%	1.8	1.1	62	0.7

11	Sep_25_2020	319	358.32	359.33	354.8	355.18	353.83	356.51(1.14%)	N/A	N/A	0	0.2	27	-20	37	-5	1.82	58%	0.29	56.8	1.72%	0.7	-0.2	46	0.6
12	Sep_24_2020	318.09	357.56	359.68	355.36	353.94	353.23	352.5(0.29%)	DP	OpenShort	-75	-0.3	-119	-30	-137	-66	1.36	58%	0.28	57.4	1.72%	-1.6	-0.6	52	0.3
13	Sep_23_2020	317.19	357.04	360.25	358.03	355.81	356.52	351.47(-2.81%)	DT	OpenShort	-75	-0.7	-5	-0	-2	-13	1.55	58%	0.28	66.8	1.74%	-0.4	-0.6	39	0.1
14	Sep_22_2020	316.31	356.42	361.21	361.17	358.47	354.65	361.63(2.77%)	DP	OpenShort	-75	0	-46	-100	-55	-17	1.96	63%	0.32	73.5	1.7%	1	0.5	52	0.7
15	Sep_21_2020	315.3	355.12	360.2	362.32	360.64	355.1	351.87(-2.08%)	DT	OpenShort	-75	-0.9	-248	-120	-296	-104	2.39	60%	0.3	72.5	1.71%	-1.1	-0.3	55	0.8

16	Sep_18_2020	314.35	354.19	361.39	364.43	365.14	362.3	359.35(-1.77%)	DT	OpenShort	-75	-0.4	-90	-50	-117	-7	3.53	55%	0.28	72.3	1.79%	-1	0.4	59	1.1
17	Sep_17_2020	313.46	352.76	360.83	364.48	365.66	366.18	365.83(-0.36%)	N/A	N/A	0	0.1	-8	20	-25	44	2.29	55%	0.29	67.6	1.78%	-0.8	1	64	1.1
18	Sep_16_2020	312.54	350.97	361.55	362.72	364.5	367.97	367.17(-0.06%)	UD	OpenLong	75	0.3	123	80	122	125	1.85	55%	0.34	60.9	1.78%	0.5	1.2	65	0.7
19	Sep_15_2020	311.49	349.06	360.74	361.29	362.23	365.14	367.39(1.38%)	UT	OpenLong	75	0.4	163	60	165	156	1.66	55%	0.33	59.6	1.8%	0.7	1.3	66	0.6
20	Sep_14_2020	310.48	347.18	358.77	357.9	359.84	361.03	362.39(0.77%)	UT	OpenLong	75	0.3	94	40	85	119	1.64	55%	0.32	54.8	1.8%	0.1	1.1	66	0.6

21	Sep_11_2020	309.48	345.44	357.1	358.04	357.57	359.31	359.63(0.73%)	UT	OpenLong	75	0.1	32	30	8	104	1.74	47%	0.33	55.9	1.81%	-0.2	1	66	0.3
22	Sep_10_2020	308.46	343.93	355.2	356.66	358.44	358.65	357.03(-0.82%)	UD	OpenLong	75	0	84	20	71	123	2.29	47%	0.33	54	2.02%	-0.7	0.9	66	-0.6
23	Sep_9_2020	307.46	342.71	353.59	360.26	357.71	355.82	359.99(2.73%)	N/A	N/A	0	-0	-67	-60	-115	78	2.62	47%	0.37	64.2	2.01%	0.5	1.3	68	-0.4
24	Sep_8_2020	306.32	340.89	351.29	360.18	361.44	358.23	350.44(-3.48%)	N/A	N/A	0	-0.7	-6	-50	-47	117	2.65	44%	0.44	64	1.99%	-1.1	0.7	65	-1.2
25	Sep_4_2020	304.98	339.74	349.82	359.52	362.38	359.59	363.09(2.94%)	N/A	N/A	0	0.3	-14	-30	-58	119	5.83	47%		65.4	1.94%	0.4	1.7	72	-1.6
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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