Trading Signals: AVGO Stock Price Prediction and Forecast

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Wed. Dec. 11, 2019

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

(Broadcom)
AVGO latest price $319.8300 (1.49%) ($319.8300 - $319.8300) on Wed. Dec. 11, 2019.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.54% (three month average)
RSI   59
Latest Price   $319.8300(1.49%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   AVGO advances 0.7% a day on average for past five trading days.
Market Behavior   Broad based rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support AVGO advance at 0% a week (0% probability)
FIVG(75%)    BOTZ(74%)    IVW(74%)    IWF(73%)    SPY(72%)
Factors Impacting AVGO price   AVGO will decline at least -0.77% in a week (0% probabilities).
VIXM(-55%)    VXX(-18%)    UUP(-10%)    TLT(-10%)    IGOV(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.77% (StdDev 1.54%)
Hourly BBV 1.5 ()
Intraday Trend 0%

5 Day Moving Average   $315.29(1.44%)
10 Day Moving Average   $313.87(1.9%)
20 Day Moving Average   $314.02(1.85%)
To recent high   0%
To recent low   18.4%
Market Cap   $128.605b

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 1.13% (three month std-dev: 1.54%) daily (68% of days).

Sample size 6 Average positive next day return: 1.13%(50%) Average negative next day return: -0.34%(50%) Sample size 6 Average positive next three day return: 1.39%(83%) Average negative next three day return: -1.42%(17%) Sample size 6 Average positive next weekly return: 1.71%(67%) Average negative next weekly return: -1.09%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200111

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	Dec_11_2019	291.57	314.02	313.87	315.29	316.34	317.48	319.83(1.49%)	UT	OpenLong	75	1.3	119	40	139	57	2.08	52%	0.07	15	1.54%	1.5	1.6	59	0.3
2	Dec_10_2019	291.37	313.78	313.41	313.26	314.16	314.78	315.13(0.22%)	N/A	N/A	0	0.6	13	20	20	-7	1.46	52%	0.07	1.9	1.53%	0.1	0.4	47	-0.1
3	Dec_9_2019	291.18	313.66	313.77	311.53	312.79	315.2	314.43(-0.49%)	UD	OpenLong	75	0.9	78	70	97	21	2.47	52%	0.08	-2.9	1.53%	0.3	0.2	54	-0.2
4	Dec_6_2019	290.94	313.61	313.8	310.82	310.8	313.53	315.97(1.57%)	UT	OpenLong	75	1.6	103	60	127	30	1.69	52%	0.09	14.3	1.53%	0	0.7	53	1.1
5	Dec_5_2019	290.67	313.38	313.7	310.88	309.53	310.39	311.1(0.46%)	UT	OpenLong	75	0.1	35	10	45	4	1.54	53%	0.09	41	1.52%	0	-0.7	54	0.6

6	Dec_4_2019	290.41	313.49	313.79	312.34	310.82	308.07	309.68(1.05%)	DP	OpenShort	-75	-0.8	-59	-80	-67	-33	1.43	57%	0.09	86.4	1.56%	0	-1.2	47	0.4
7	Dec_3_2019	290.15	313.73	314.6	313.63	313	308.68	306.46(-1.43%)	DT	OpenShort	-75	-2.3	-177	-100	-209	-79	1.89	53%	0.06	141.4	1.6%	0	-2.3	42	-0.5
8	Dec_2_2019	289.97	313.75	315.2	316.24	315.42	313.57	310.9(-1.69%)	DT	OpenShort	-75	-1.6	-129	-50	-157	-43	2.28	53%	0.09	176.2	1.64%	0	-0.9	49	0.6
9	Nov_29_2019	289.71	313.14	315.47	317.04	317.58	317.33	316.24(-0.68%)	UD	OpenLong	75	-0.2	13	-0	8	28	0.91	58%	0.19	129.7	1.62%	0	0.6	53	1.5
10	Nov_27_2019	289.16	312.06	314.79	316.88	317.24	317.28	318.41(0.72%)	UT	OpenLong	75	0.2	7	0	2	23	1.96	58%	0.15	88.8	1.64%	0	0.8	58	1.9

11	Nov_26_2019	288.73	310.73	314.29	315.48	316.5	317.83	316.14(-1.06%)	UD	OpenLong	75	0.1	37	40	39	30	3.08	58%	0.14	79.2	1.64%	0	0.6	54	2
12	Nov_25_2019	288.32	309.41	314.22	315.78	315.32	317.21	319.52(1.47%)	UT	OpenLong	75	0.4	71	40	78	49	1.91	58%	0.13	76.1	1.64%	0	1.1	55	2.1
13	Nov_22_2019	287.95	308.04	313.49	314.09	314.84	315.17	314.9(-0.17%)	UD	OpenLong	75	0.1	61	10	67	41	1.27	52%	0.1	69.8	1.78%	0	0.7	62	1.6
14	Nov_21_2019	287.67	306.83	313.33	313.67	313.88	313.43	315.44(1.29%)	N/A	N/A	0	0.2	-6	-10	-15	23	1.88	54%	0.1	64	1.78%	0	0.8	69	1.3
15	Nov_20_2019	287.37	305.25	312.92	312.38	313.23	314.52	311.41(-1.96%)	UD	OpenLong	75	-0.1	21	40	13	45	1.95	54%	0.06	53.6	1.8%	0	0.5	70	1.3

16	Nov_19_2019	287.21	303.78	313.1	312.84	312.63	314.34	317.62(2.11%)	UT	HoldLong	65	0.4	89	40	85	100	3.13	56%	0.06	50.9	1.78%	0	1.1	79	1.5
17	Nov_18_2019	287.03	302.27	312.67	312.49	311.65	311.95	311.06(-0.57%)	UD	OpenLong	75	-0.1	30	-0	8	96	1.54	54%	0.08	50.2	1.77%	0	0.7	78	1.8
18	Nov_15_2019	286.8	301.2	312.17	312.83	312.85	310.92	312.83(1.24%)	UD	OpenLong	65	0	18	-40	-12	106	1.74	54%	0.1	54.3	1.78%	0	0.9	73	2
19	Nov_14_2019	286.52	299.91	310.69	312.97	312.83	311.36	309(-1.5%)	UD	OpenLong	75	-0.3	769	-30	869	469	1.74	50%	0.1	58.3	1.79%	0	0.8	73	1.5
20	Nov_13_2019	286.24	298.93	309.28	313.45	255.17	314.79	313.71(-0.68%)	UD	OpenLong	75	0	854	1080	965	520	1.29	52%	0.13	66.3	1.86%	0	1.2	83	1.3

21	Nov_12_2019	285.87	297.63	307.06	313.3	196.21	314.3	315.86(1%)	UT	HoldLong	65	0.2	3528	3090	4107	1789	1.64	52%	0.13	75.4	1.88%	0	1.6	87	1.5
22	Nov_11_2019	285.5	296.28	304.36	312.94	136.8	195.56	312.74(-0.25%)	UD	OpenLong	75	-0	3491	1320	4063	1774	0.91	52%	0.14	86.5	1.88%	0	1.5	72	1.4
23	Nov_8_2019	285.11	294.7	302.25	311.4	78.25	78.12	313.53(0.68%)	UT	OpenLong	75	0.2	55	-2260	22	154	1.76	52%	0.12	88.6	1.89%	0	1.7	70	1.2
24	Nov_7_2019	284.76	293.03	299.84	308.01	77.72	78.05	311.41(-0.49%)	UD	OpenLong	75	0.3	49	-2210	19	138	2.38	52%	0.12	82	1.89%	0	1.7	71	1.1
25	Nov_6_2019	284.41	291.17	296.95	304.32	76.79	78.38	312.96(-0.35%)	UD	OpenLong	75	0.8	79	-2100	62	128	1.8	52%		74.4	1.89%	0	2.1	68	1
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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