REPORTING FOR 2020-01-06 | 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 317.51, reaching a high of 320.0 and a low of 314.08 before closing at a price of 314.19. There was a total volume of 2287663.
VOLUME INDICATORS FOR BROADCOM INC. (NASDAQ:AVGO): We saw an accumulation-distribution index of 1908.02619, an on-balance volume of 322.39, chaikin money flow of 3.75502 and a force index of -2.3424. There was an ease of movement rating of -0.02126, a volume-price trend of 21.50871 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR BROADCOM INC. (NASDAQ:AVGO): We noted an average true range of 3.77473, bolinger bands of 320.27899, an upper bollinger band of 311.11941, lower bollinger band of 314.08, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 317.19667, high band keltner channel of 314.70667, low band keltner channel of 319.68667, 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 314.08, a donchian channel low band of 314.08, 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 0.07266, a MACD signal of 0.04036, a MACD difference of 0.03229, a fast Exponential Moving Average (EMA) indicator of 314.08, a slow Exponential Moving Average (EMA) indicator of 314.08, 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 0.00112, a trix of 4.15563, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -20.24931, a KST Oscillator (KST) of 68.91491 and a KST Oscillator (KST Signal) of 68.91491 (leaving a KST difference of 2.75533). We also found an Ichimoku rating of 318.755, an Ichimoku B rating of 318.755, a Ichimoku visual trend A of 301.54569, an Ichimoku visual trend B of 307.36624, 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 85.51478, a stochastic oscillator of 237.751, a stochastic oscillator signal of 237.751, a Williams %R rating of 137.751 and an awesome oscillator of -0.01233.
RETURNS FOR BROADCOM INC. (NASDAQ:AVGO): There was a daily return of 6.89149, a daily log return of 1.0258 and a cumulative return of 1.03107.
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 2020-01-06 (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.