We Analyzed Broadcom Inc. (NASDAQ:AVGO) – Here’s What We Found (2019-12-27)

REPORTING FOR 2019-12-27 | WCX19.ORG: We have done an in-depth analysis of how AVGO has been trading over the last 2 weeks and the past day especially. On its latest session, Broadcom Inc. (NASDAQ:AVGO) opened at 321.27, reaching a high of 321.74 and a low of 317.0 before closing at a price of 317.122. There was a total volume of 821441.

VOLUME INDICATORS FOR BROADCOM INC. (NASDAQ:AVGO): We saw an accumulation-distribution index of 7333.0168, an on-balance volume of 320.5, chaikin money flow of 19.17021 and a force index of 1.46888. There was an ease of movement rating of 0.00247, a volume-price trend of 27.63344 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR BROADCOM INC. (NASDAQ:AVGO): We noted an average true range of 3.65464, bolinger bands of 320.84757, an upper bollinger band of 315.16243, lower bollinger band of 317.0, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 320.00333, high band keltner channel of 319.53333, low band keltner channel of 320.47333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 317.0, a donchian channel low band of 317.0, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR BROADCOM INC. (NASDAQ:AVGO): We calculated a Moving Average Convergence Divergence (MACD) of 0.0451, a MACD signal of 0.02505, a MACD difference of 0.02004, a fast Exponential Moving Average (EMA) indicator of 317.0, a slow Exponential Moving Average (EMA) indicator of 317.0, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.30187, a trix of 5.55696, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -25.5674, a KST Oscillator (KST) of 87.73005 and a KST Oscillator (KST Signal) of 87.73005 (leaving a KST difference of 1.72424). We also found an Ichimoku rating of 321.505, an Ichimoku B rating of 321.505, a Ichimoku visual trend A of 299.91657, an Ichimoku visual trend B of 306.02619, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR BROADCOM INC. (NASDAQ:AVGO): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 85.6891, a stochastic oscillator of 1008.51064, a stochastic oscillator signal of 1008.51064, a Williams %R rating of 908.51064 and an awesome oscillator of 0.45849.

RETURNS FOR BROADCOM INC. (NASDAQ:AVGO): There was a daily return of 8.77301, a daily log return of 0.63207 and a cumulative return of 0.63407.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-12-27 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Broadcom Inc. (NASDAQ:AVGO)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Broadcom Inc. (NASDAQ:AVGO) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.