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(AVGO) Broadcom Inc complete technical analysis [charts+indicators] | Buy/Sell Broadcom Inc | (AVGO) share price targets

Complete technical analysis of Broadcom Inc (AVGO) by charts plus indicators, forecast predictions and share price targets for Broadcom Inc (AVGO)

Broadcom Inc trades in USA in Technology sector.

Showing technical analysis as on 2024-07-16 View latest technical analysis

10 day averaged volume of Broadcom Inc is 5846280

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	169.38	172.40	172.81	166.40	3.805 times
15 Mon Jul 2024	171.42	170.00	173.51	169.26	3.934 times
12 Fri Jul 2024	1700.67	1711.03	1725.91	1691.31	0.521 times
11 Thu Jul 2024	1705.95	1764.66	1764.87	1668.50	0.874 times
10 Wed Jul 2024	1744.69	1746.00	1766.49	1726.36	0.703 times
09 Tue Jul 2024	1733.31	1756.56	1770.98	1705.56	0.649 times
08 Mon Jul 2024	1745.86	1705.00	1756.90	1705.00	0.623 times
05 Fri Jul 2024	1703.31	1755.56	1765.47	1696.00	0.774 times
03 Wed Jul 2024	1729.22	1670.00	1729.22	1664.46	0.683 times
03 Wed Jul 2024	1729.22	1670.00	1729.22	1664.46	0.683 times

Stock of Broadcom Inc (AVGO) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 523.3, for a target of 1072 or 1529.21

Share price targets for Broadcom Inc (AVGO)

Target Type	Value
Downside Target	166.40
Upside Target	173.51
Upside Target	1197.56
Upside Target	1302.53
Upside Target	1403.98
Upside Target	1438.17
Upside Target	1564.00
Upside Target	1661.00
Upside Target	1668.50
Upside Target	1729.22
Upside Target	1765.47
Upside Target	1770.98
Upside Target	1851.62

Intraday share price targets for Broadcom Inc (AVGO)

Target Type	Value
Downside Intraday Target	166.02
Downside Intraday Target	162.65
Upside Intraday Target	173.13
Upside Intraday Target	176.87
Upside Intraday Target	169.76

Weekly technical analysis of Broadcom Inc (AVGO)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	169.38	170.00	173.51	166.40	2.297 times
12 Fri Jul 2024	1700.67	1705.00	1770.98	1668.50	2.312 times
05 Fri Jul 2024	1703.31	1670.00	1765.47	1664.46	0.709 times
03 Wed Jul 2024	1729.22	1608.20	1729.22	1593.50	0.457 times
28 Fri Jun 2024	1605.53	1642.05	1661.00	1564.00	1.031 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Broadcom Inc (AVGO)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	169.38	1608.20	1770.98	166.40	0.781 times
28 Fri Jun 2024	1605.53	1352.70	1851.62	1302.53	2.147 times
31 Fri May 2024	1328.55	1278.33	1445.40	1223.31	0.972 times
30 Tue Apr 2024	1300.27	1325.68	1403.98	1197.56	0.634 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Broadcom Inc (AVGO)

Price action analysis of Broadcom Inc ( (AVGO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Broadcom Inc ( (AVGO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Broadcom Inc ( (AVGO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Broadcom Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Broadcom Inc in short term and the sell signal is strong.

Broadcom Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Broadcom Inc in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Broadcom Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 816.29 and Broadcom Inc (AVGO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Broadcom Inc (AVGO) stock. Volume based technical analysis of Broadcom Inc (AVGO) stock is negative.

Broadcom Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.