Trading Signals: AVGO Stock Price Prediction and Forecast

^ AVGO: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Sep. 15, 2023

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

(Broadcom)
AVGO latest price $850.8000 (-2.32%) ($850.8000 - $868.7300) on Fri. Sep. 15, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.83% (three month average)
RSI   52
Latest Price   $850.8000(-2.32%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   AVGO declines -0.1% a day on average for past five trading days.
Weekly Trend   AVGO declines -1.6% a week on average for past two weeks.
Market Behavior   Broad based 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)
SMH(77%)    FIVG(72%)    QQQ(72%)    XLK(71%)    IWF(65%)
Factors Impacting AVGO price   AVGO will decline at least -0.915% in a week (0% probabilities).
VXX(-50%)    VIXM(-47%)    GLD(-25%)    UUP(-18%)    SLV(-14%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.915% (StdDev 1.83%)
Hourly BBV -1.3 ()
Intraday Trend 0%

Resistance Level   $864.97
5 Day Moving Average   $855.74(-0.58%)
10 Day Moving Average   $860.55(-1.13%)
20 Day Moving Average   $864.97(-1.64%)
To recent high   -7.6%
To recent low   3.4%
Market Cap   $342.109b

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 2.25% (three month std-dev: 1.83%) daily (68% of days).

Sample size 1 Average positive next day return: 1.31%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 2.19%(100%) Average negative next three day return: %(0%) Sample size 1 Average positive next weekly return: 4.23%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231015

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	Sep_15_2023	816.8	864.97	860.55	855.74	856.33	863.86	850.8(-2.32%)	N/A	N/A	0	-0.3	3	60	19	-44	1.96	61%	0.29	20	1.83%	-1.3	-0.7	52	1
2	Sep_14_2023	814.41	864.07	867.06	856.85	857.34	862.49	870.99(2.16%)	UT	OpenLong	75	0.7	372	40	446	150	1.42	66%	0.33	16.9	1.82%	1.5	0.3	56	1.5
3	Sep_13_2023	811.77	862.27	868.96	854.26	853.31	848.8	852.55(0.89%)	DP	OpenShort	-75	-0.1	-109	-40	-120	-76	1.07	65%	0.29	9.4	1.83%	0.1	-0.4	45	1.3
4	Sep_12_2023	809.39	861.94	872.62	857.71	854.69	852.19	845.04(-1.66%)	DT	OpenShort	-75	-0.6	-225	-30	-262	-114	1.03	69%	0.27	5.4	1.83%	-2.1	-0.8	50	1
5	Sep_11_2023	807.22	862.36	874.51	863.11	860.88	857.82	859.34(0.35%)	DP	OpenShort	-75	-0.2	-31	-30	-36	-14	1.16	69%	0.29	3.1	1.98%	0.8	-0.1	50	1.3

6	Sep_8_2023	804.88	861.07	874.18	866.1	864.05	857.19	856.31(-0.21%)	DT	OpenShort	-75	-0.4	-212	-60	-253	-88	1.1	69%	0.29	-3	1.98%	-0.5	-0.2	59	1.3
7	Sep_7_2023	802.57	860.5	874.46	878.97	868.55	863.94	858.08(-1.35%)	DT	OpenShort	-75	-0.9	-346	-70	-421	-120	1.94	69%	0.29	4.4	1.98%	-0.8	-0.1	60	1.2
8	Sep_6_2023	800.27	860.24	876.49	885.92	884.19	870.92	869.81(-0.25%)	N/A	N/A	0	-0.7	-107	-110	-148	18	1.52	69%	0.31	4.8	1.98%	-0.7	0.4	60	1.4
9	Sep_5_2023	797.8	860.74	875.12	889.72	889.95	873.15	872.02(-0.26%)	DT	OpenShort	-75	-0.7	-548	-130	-671	-178	1.9	69%	0.54	2.5	1.99%	-0.8	0.5	58	1.7
10	Sep_1_2023	793.48	861.7	874.53	887.13	894.14	897.46	874.28(-5.04%)	CR	SmallShort	-20	-0.5	-121	50	-169	23	5.53	68%	0.32	-0.3	2.01%	-1.1	0.5	56	2.3

11	Aug_31_2023	790.92	861.73	870.29	882.65	890.35	906.75	920.64(3.11%)	UT	OpenLong	75	1.5	616	160	699	367	3.35	74%	0.39	-9.2	1.92%	1.6	2.3	71	2.3
12	Aug_30_2023	787.83	859.5	860.72	869.52	873.15	890.82	892.85(0.46%)	UT	OpenLong	75	1	527	150	603	299	1.67	73%	0.35	-28	1.89%	1.2	1.5	62	2.2
13	Aug_29_2023	785.07	859.12	854.58	866.26	863.54	873.95	888.79(3.45%)	UT	OpenLong	75	0.9	496	70	570	274	1.99	73%	0.34	-30	1.9%	1.9	1.2	58	1.7
14	Aug_28_2023	782.4	860.13	849.65	859.14	858.81	855.47	859.11(0.85%)	UT	OpenLong	75	-0	80	-30	88	54	1.03	71%	0.1	-37.8	1.86%	0.1	-0	43	1.5
15	Aug_25_2023	781.6	861.76	848.66	860.29	857.18	853.13	851.84(-0.37%)	DT	OpenShort	-75	-0.3	-196	-40	-232	-89	1.59	79%	0.3	-35.6	2.33%	-0.8	-0.4	38	0.2

16	Aug_24_2023	779.24	864.1	846.61	855.38	860.59	862.15	854.99(-2.46%)	UD	OpenLong	75	-0	85	30	105	26	3.05	79%	0.3	-40.4	2.48%	-1	-0.3	44	-0.6
17	Aug_23_2023	776.91	865.94	845.29	849.8	853.86	861.24	876.59(2.75%)	UT	OpenLong	75	1	147	70	184	37	1.95	79%	0.32	-45.8	2.46%	1.5	0.4	46	0.5
18	Aug_22_2023	774.41	866.64	842.37	841.03	843.16	859.02	853.16(-1.36%)	UD	OpenLong	75	0.4	256	140	319	66	1.33	78%	0.28	-52	2.45%	0.5	-0.5	39	-0.5
19	Aug_21_2023	772.23	869.76	844.87	838.95	838.14	846.48	864.88(4.54%)	UT	OpenLong	75	0.9	377	70	466	111	2.22	78%	0.3	-52	2.44%	2	-0.2	35	-0.5
20	Aug_18_2023	769.9	871.38	847.28	836.08	832.47	827.3	827.3(0.03%)	DP	OpenShort	-75	-0.3	-129	-60	-127	-133	1.38	78%	0.26	-55.7	2.38%	-0.6	-1.4	33	-1.4

21	Aug_17_2023	767.9	875.19	852.33	836.6	838.29	829.81	827.08(-0.68%)	DT	OpenShort	-75	-0.3	-167	-60	-170	-156	1.91	78%	0.27	-57.3	2.41%	-1.6	-1.7	32	-2.3
22	Aug_16_2023	765.84	878.77	858.17	839.7	838.6	837.64	832.73(-1.19%)	DT	OpenShort	-75	-0.3	-209	-10	-220	-174	1.6	78%	0.28	-58.3	2.41%	-1.9	-1.7	36	-1
23	Aug_15_2023	763.69	882.39	864.16	843.54	840.76	846.77	842.75(-0.92%)	N/A	N/A	0	-0	76	40	113	-37	0.86	78%	0.29	-57.4	2.41%	0	-1.6	37	-0.8
24	Aug_14_2023	761.46	885.64	871.49	851.7	843.06	839.55	850.54(2.48%)	DP	OpenShort	-75	-0	-27	-60	-11	-76	1.03	78%	0.29	-47.2	2.4%	1.1	-1.5	34	0.9
25	Aug_11_2023	759.24	888.74	876	860.89	851.25	834.74	829.92(-1.5%)	DT	OpenShort	-75	-1.4	-415	-170	-470	-248	2.03	77%		-32.7	2.39%	-1.2	-2.6	35	0.2
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

Click to see actual return for next trading day.