Trading Signals: AVGO Stock Price Prediction and Forecast

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Tue. Dec. 8, 2020

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

(Broadcom)
AVGO latest price $423.4700 (0.89%) ($423.4700 - $423.4700) on Tue. Dec. 8, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.67% (three month average)
RSI   88
Latest Price   $423.4700(0.89%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   AVGO advances 0.9% a day on average for past five trading days.
Weekly Trend   AVGO advances 3.7% 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(67%)    FIVG(64%)    IVW(64%)    IWF(63%)    QQQ(63%)
Factors Impacting AVGO price   AVGO will decline at least -0.835% in a week (0% probabilities).
VIXM(-38%)    UUP(-23%)    VXX(-4%)    TBT(-4%)    EDOC(2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.835% (StdDev 1.67%)
Hourly BBV 1.2 ()
Intraday Trend 0%

5 Day Moving Average   $411.74(2.85%)
10 Day Moving Average   $404.97(4.57%)
20 Day Moving Average   $392.22(7.97%)
To recent high   0%
To recent low   22.1%
Market Cap   $170.279b

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 4.03% (three month std-dev: 1.67%) daily (68% of days).

Sample size 50 Average positive next day return: 1.61%(54%) Average negative next day return: -1.31%(46%) Sample size 50 Average positive next three day return: 3.09%(54%) Average negative next three day return: -2.76%(46%) Sample size 50 Average positive next weekly return: 3.13%(46%) Average negative next weekly return: -2.53%(54%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210108

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_8_2020	358.42	392.22	404.97	411.74	413.65	421.61	423.47(0.89%)	UT	HoldLong	65	0.7	269	150	278	243	1.42	60%	0.3	68	1.67%	1.2	2	88	1.6
2	Dec_7_2020	357.35	389.71	401.27	407.9	408.66	415.68	419.74(1.98%)	UT	HoldLong	65	0.8	342	130	368	263	1.51	60%	0.3	76	1.73%	1.3	2.1	87	1.1
3	Dec_4_2020	356.27	387.62	397.56	404.38	404.68	405.69	411.61(2.87%)	UT	HoldLong	65	0.6	179	20	178	181	1.64	61%	0.29	91.3	1.73%	1.9	1.9	87	1.2
4	Dec_3_2020	355.25	385.97	394.79	401.06	401.72	401.64	400.11(-0.9%)	N/A	N/A	0	-0.1	-3	0	-35	94	1.61	52%	0.25	105.9	1.73%	-1.6	1.3	86	0.9
5	Dec_2_2020	354.38	384.22	392.98	399.29	400.66	403.67	403.76(-0.12%)	UD	OpenLong	75	0.4	111	60	102	138	1	56%	0.25	106.3	1.89%	0.7	1.7	78	1

6	Dec_1_2020	353.49	381.75	390.65	396.98	397.73	401.81	404.26(0.52%)	UT	HoldLong	65	0.6	164	80	164	164	1.82	58%	0.27	93.5	1.96%	0.5	1.8	84	1
7	Nov_30_2020	352.54	379.11	388.27	393.55	394.48	397.66	402.17(1.82%)	UT	OpenLong	75	0.7	158	60	160	152	1.54	58%	0.24	78.6	1.99%	0.5	1.8	67	1.1
8	Nov_27_2020	351.71	376.51	385.39	389.75	391.19	393.65	394.98(0.95%)	UT	OpenLong	75	0.4	107	60	106	111	0.68	58%	0.3	61.6	1.99%	-2.4	1.4	59	1.1
9	Nov_25_2020	350.66	374.49	382.91	387.64	388.43	391.31	391.28(-0.24%)	UD	OpenLong	75	0.3	105	60	108	96	1.18	58%	0.23	47.2	1.97%	0.6	1.2	57	1.3
10	Nov_24_2020	349.87	372.31	381.35	385.66	385.99	388.73	392.21(1.32%)	UT	OpenLong	75	0.5	116	50	121	102	1.34	58%	0.21	36.5	1.97%	1.4	1.5	67	1.1

11	Nov_23_2020	349.14	370.61	378.52	383.36	383.74	385.55	387.1(1.02%)	UT	OpenLong	75	0.3	86	40	86	86	1.22	58%	0.11	27.4	1.97%	0.6	1.3	71	1.1
12	Nov_20_2020	348.75	369.34	377.26	382.19	382.13	383.24	383.18(-0.33%)	UD	OpenLong	75	0.1	65	20	57	89	1.61	58%	0.2	21.6	1.97%	0.8	1.1	71	1.2
13	Nov_19_2020	348.07	368.7	376.89	380.3	380.88	381.93	384.43(0.79%)	UT	OpenLong	75	0.4	72	20	61	106	1.45	58%	0.21	15.7	1.97%	1.2	1.3	72	1.3
14	Nov_18_2020	347.34	368.03	376.41	377.38	378.9	381.02	381.4(0.19%)	UT	OpenLong	75	0.4	84	50	72	119	1.35	58%	0.19	6.6	1.97%	1	1.2	67	1.3
15	Nov_17_2020	346.68	367.46	374.78	376.32	376.35	379.84	380.68(-0.15%)	UD	OpenLong	75	0.4	118	70	109	145	1.2	58%	0.21	0.7	1.97%	1.2	1.2	70	1.6

16	Nov_16_2020	345.96	367.15	372.21	372.9	374.92	376.78	381.27(2.03%)	UT	OpenLong	75	0.8	154	50	157	146	1.21	58%	0.21	-9.9	1.97%	1.6	1.3	60	1.6
17	Nov_13_2020	345.22	366.74	369.28	371.7	371.34	372.87	373.7(1.04%)	N/A	N/A	0	0.2	-9	30	-31	59	1.1	57%	0.19	-16.3	1.96%	-0.2	0.7	55	1.5
18	Nov_12_2020	344.57	366.87	367.03	373.09	372.79	373.06	369.87(-1.65%)	UD	OpenLong	75	-0.3	51	0	42	79	1.21	59%	0.19	-11.8	1.97%	-0.4	0.3	48	1.1
19	Nov_11_2020	343.93	367.29	365.58	375.3	375.01	369.82	376.09(3.45%)	N/A	N/A	0	0.1	-52	-100	-79	28	1.52	59%	0.19	-3.6	1.98%	0.1	0.8	50	1.8
20	Nov_10_2020	343.28	367.38	362.7	372.99	376.17	372.51	363.55(-3.12%)	DT	OpenShort	-75	-0.8	-151	-40	-187	-44	2.68	56%	0.15	-3.9	1.94%	-1.6	-0.3	45	1.7

21	Nov_9_2020	342.77	368.22	362.3	371.02	375.83	380.2	375.27(-1.41%)	UD	OpenLong	75	0.4	111	120	128	59	2.41	59%	0.21	-1.9	1.9%	-0.4	0.6	47	1.4
22	Nov_6_2020	342.05	368.48	360.89	366.16	369.2	379.84	380.65(-0.08%)	UD	OpenLong	75	1.2	294	230	353	116	1.27	59%	0.18	-7.2	1.9%	0.7	1	51	1.7
23	Nov_5_2020	341.42	368.17	359.71	360.01	361.92	371.47	380.95(4.5%)	UT	OpenLong	75	1.8	387	200	473	129	2.18	59%	0.2	-14.6	1.9%	1.4	1.1	49	1
24	Nov_4_2020	340.74	367.69	358.57	354.74	354.46	358.57	364.54(3.06%)	RB	SmallLong	20	0.9	167	80	224	-6	2.04	58%	0.16	-26.1	1.82%	1.3	-0.3	37	0.8
25	Nov_3_2020	340.2	367.83	359.12	351.2	351.88	352.36	353.72(0.78%)	N/A	N/A	0	0.2	31	20	72	-93	1.54	55%		-34	1.8%	0.8	-1.3	26	-0.6
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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