BROADCOM INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	AVGO
ISIN:	SG9999014823

BROADCOM INC. - 15 min. - Technical analysis published on 11/13/2024 (GMT)

Londinia

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Timeframe : 15 min.
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

17%

56%

28%

My opinion

Bearish under 176.33 USD

My targets

169.97 USD (-1.68%)

166.73 USD (-3.56%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on BROADCOM INC. as long as the price remains well below 176.33 USD. The sellers' bearish objective is set at 169.97 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 166.73 USD. In case of crossing, the next objective would be the support located at 142.76 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

7.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by eliro. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BROADCOM INC. rating is 172.88 USD. The price registered a decrease of -1.90% on the session with the lowest point at 172.60 USD and the highest point at 175.49 USD. The deviation from the price is +0.16% for the low point and -1.49% for the high point.

172.60

175.49

172.88

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 15 min. chart of BROADCOM INC. indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes

CCI indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : 15 minutes

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	142.76	168.55	171.23	172.88	173.37	176.80	180.20
Change (%)	-17.42%	-2.50%	-0.95%	-	+0.28%	+2.27%	+4.23%
Change	-30.12	-4.33	-1.65	-	+0.49	+3.92	+7.32
Level	Minor	Major	Minor	-	Intermediate	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	166.73	169.97	173.09	176.33	179.45	182.69	185.81
Camarilla	174.47	175.05	175.64	176.22	176.80	177.39	177.97
Woodie	166.68	169.94	173.04	176.30	179.40	182.66	185.76
Fibonacci	169.97	172.40	173.90	176.33	178.76	180.26	182.69

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	156.39	162.41	173.02	179.04	189.65	195.67	206.28
Camarilla	179.07	180.59	182.12	183.64	185.16	186.69	188.21
Woodie	158.70	163.56	175.33	180.19	191.96	196.82	208.59
Fibonacci	162.41	168.76	172.68	179.04	185.39	189.31	195.67

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	140.95	153.38	161.57	174.00	182.19	194.62	202.81
Camarilla	164.10	165.99	167.88	169.77	171.66	173.55	175.44
Woodie	138.84	152.32	159.46	172.94	180.08	193.56	200.70
Fibonacci	153.38	161.25	166.12	174.00	181.87	186.74	194.62

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	40.15
MACD (12,26,9):	-0.7900
Directional Movement:	-15.13
AROON (14):	-50.00
DEMA (21):	173.22
Parabolic SAR (0,02-0,02-0,2):	174.96
Elder Ray (13):	-0.68
Super Trend (3,10):	175.84
Zig ZAG (10):	173.38
VORTEX (21):	0.9500
Stochastique (14,3,5):	13.80
TEMA (21):	173.15
Williams %R (14):	-87.29
Chande Momentum Oscillator (20):	-2.22
Repulse (5,40,3):	-0.1600
ROCnROLL:	2
TRIX (15,9):	-0.0600
Courbe Coppock:	2.15

MA7:	178.40
MA20:	176.13
MA50:	171.82
MA100:	165.19
MAexp7:	173.25
MAexp20:	174.25
MAexp50:	175.87
MAexp100:	177.11
Price / MA7:	-3.09%
Price / MA20:	-1.85%
Price / MA50:	+0.62%
Price / MA100:	+4.66%
Price / MAexp7:	-0.21%
Price / MAexp20:	-0.79%
Price / MAexp50:	-1.70%
Price / MAexp100:	-2.39%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on BROADCOM INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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