Trading Signals: AVGO Stock Price Prediction and Forecast

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Thu. Nov. 11, 2021

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

(Broadcom)
AVGO latest price $556.1700 (1.2%) ($556.1700 - $557.1700) on Thu. Nov. 11, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.17% (three month average)
RSI   74
Latest Price   $556.1700(1.2%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   AVGO advances 0.3% a day on average for past five trading days.
Weekly Trend   AVGO advances 3% a week on average for past two weeks.
Market Behavior   Normal for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support AVGO advance at 0% a week (0% probability)
BOTZ(68%)    IVW(61%)    FIVG(60%)    IWF(60%)    QQQ(60%)
Factors Impacting AVGO price   AVGO will decline at least -0.585% in a week (0% probabilities).
VIXM(-34%)    UUP(-23%)    TBT(-4%)    VXX(2%)    TLT(4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.585% (StdDev 1.17%)
Hourly BBV -0.5 ()
Intraday Trend 0%

5 Day Moving Average   $556.07(0.02%)
10 Day Moving Average   $547.39(1.6%)
20 Day Moving Average   $532.74(4.4%)
To recent high   -0.5%
To recent low   18.7%
Market Cap   $223.638b

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 3.63% (three month std-dev: 1.17%) daily (68% of days).

Sample size 17 Average positive next day return: 0.76%(59%) Average negative next day return: -0.75%(41%) Sample size 17 Average positive next three day return: 1.79%(47%) Average negative next three day return: -1.02%(53%) Sample size 17 Average positive next weekly return: 1.91%(53%) Average negative next weekly return: -3.25%(47%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20211211

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	Nov_11_2021	494.78	532.74	547.39	556.07	555.71	552.99	556.17(1.2%)	UD	OpenLong	65	0	7	-40	-37	138	0.96	61%	0.19	86.8	1.17%	-0.5	1.2	74	0.5
2	Nov_10_2021	493.86	529.85	544.74	554.55	556.05	553.77	549.56(-1.51%)	CR	SmallShort	-20	-0.2	-122	-20	-191	87	1.33	60%	0.18	81	1.16%	-2.7	1	73	0.5
3	Nov_9_2021	492.99	526.74	542.24	553.07	555.83	558.43	557.97(-0.16%)	UD	OpenLong	75	0.2	158	50	135	227	1.25	62%	0.19	74.8	1.15%	-0.2	1.4	80	0.9
4	Nov_8_2021	492.04	523.11	539.69	548.93	551.35	558.33	558.89(0.2%)	UT	HoldLong	65	0.5	379	100	394	333	1.19	62%	0.2	71.7	1.15%	0.9	1.7	80	1
5	Nov_5_2021	491.06	519.77	535.92	542.74	545.5	553.23	557.76(1.68%)	UT	HoldLong	65	0.7	548	110	597	401	1.43	62%	0.18	71.6	1.15%	1.5	1.9	82	1

6	Nov_4_2021	490.18	516.46	531.62	537.54	538.05	544.37	548.57(1.19%)	UT	HoldLong	65	0.6	388	90	413	314	1.06	60%	0.17	71.7	1.14%	1.4	1.7	80	1.3
7	Nov_3_2021	489.33	513.64	528.13	533.64	533.81	537.78	542.14(0.9%)	UT	HoldLong	65	0.5	336	50	352	288	1.4	59%	0.15	72.1	1.13%	1.4	1.6	80	1.3
8	Nov_2_2021	488.6	510.94	524.86	529.82	531.1	531.73	537.31(1.77%)	UT	HoldLong	65	0.4	164	20	148	211	1.63	59%	0.13	69.2	1.13%	1.2	1.5	83	1.3
9	Nov_1_2021	487.97	508.32	522.14	529.11	528.74	529.85	527.94(-0.72%)	N/A	N/A	0	-0.1	-10	10	-65	154	1.19	57%	0.12	66.2	1.11%	-1.1	1.1	82	1.2
10	Oct_29_2021	487.38	505.73	519.82	527.91	530.25	530.47	531.75(0.51%)	UT	OpenLong	75	0.2	229	20	214	275	0.98	57%	0.13	58.2	1.1%	1.2	1.5	74	1.2

11	Oct_28_2021	486.74	503.45	516.98	524.65	527.54	527.63	529.07(1.15%)	UT	HoldLong	50	0.3	42	20	-5	181	0.82	57%	0.14	50.8	1.11%	-0.7	1.6	73	1.2
12	Oct_27_2021	486.07	501.22	513.87	521.66	524.11	530.04	523.05(-2%)	UD	OpenLong	75	0.1	218	90	205	255	2.15	53%	0.12	44.7	1.11%	-0.2	1.4	71	1.1
13	Oct_26_2021	485.47	499.42	510.25	518.92	521.16	527.46	533.72(2.25%)	UT	HoldLong	65	1	556	100	608	401	1.72	56%	0.15	41.1	1.1%	1.8	2.4	83	1.2
14	Oct_25_2021	484.76	497.12	505.31	514.25	514.93	518.18	521.96(1.26%)	UT	HoldLong	65	0.6	241	50	243	234	1.24	53%	0.1	37.2	1.07%	1.3	2.1	81	1.4
15	Oct_22_2021	484.27	496.06	502.37	510.59	512.29	514.86	515.44(0.26%)	UT	HoldLong	65	0.4	238	50	240	232	0.99	51%	0.11	31.5	1.07%	1	1.8	84	1.5

16	Oct_21_2021	483.76	495.37	500.09	508.15	509.34	511.68	514.12(0.93%)	UT	OpenLong	75	0.6	190	40	185	204	0.72	54%	0.09	25.7	1.07%	1.8	1.8	67	1.8
17	Oct_20_2021	483.34	494.53	497.94	504.87	506.45	509.72	509.37(-0.19%)	UD	OpenLong	75	0.5	226	50	231	209	1.35	54%	0.08	13.8	1.1%	0.7	1.6	66	1.7
18	Oct_19_2021	482.93	493.58	495.85	500.04	503.17	507	510.35(1.33%)	UT	OpenLong	75	1.2	340	70	373	239	1	54%	0.06	-5.1	1.1%	1.8	1.9	64	1.9
19	Oct_18_2021	482.65	492.7	493.27	494.95	496.55	503.18	503.66(0.08%)	UT	OpenLong	75	1.1	277	100	310	178	1.1	52%	0.07	-26.8	1.1%	0.8	1.4	58	2.1
20	Oct_15_2021	482.32	492.68	490.47	492.91	491.86	499.34	503.27(1.12%)	UT	OpenLong	75	1.3	420	100	490	208	2.51	49%	0.07	-28.8	1.12%	1	1.3	47	2

21	Oct_14_2021	481.96	492.75	488.76	490.95	489.55	489.92	497.68(2.56%)	UT	OpenLong	75	0.8	223	-0	267	90	1.84	48%	0.08	-26.9	1.12%	1.4	0.6	43	1.9
22	Oct_13_2021	481.57	493.23	487.49	490.19	488.92	484.38	485.25(0.08%)	DP	OpenShort	-75	-0.6	-259	-70	-294	-155	1.64	43%	0.06	-19.9	1.08%	-0.8	-0.9	39	1.5
23	Oct_12_2021	481.3	494.04	487.84	490.94	491.42	489.18	484.88(-1.74%)	DT	OpenShort	-75	-0.7	-189	-30	-211	-121	1.33	43%	0.06	-15.6	1.08%	-1.6	-1	46	1.4
24	Oct_11_2021	481.03	494.75	488.45	491.05	491.87	493.47	493.48(0%)	N/A	N/A	0	0.3	36	30	54	-19	0.67	46%	0.09	-15.5	1.07%	-0.3	-0.1	49	1.3
25	Oct_8_2021	480.6	494.98	489.34	487.38	490.13	493.66	493.47(-0.08%)	UD	OpenLong	75	0.7	225	70	283	49	0.63	50%		-24.1	1.1%	0.4	-0.2	41	1.9
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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