BROADCOM INC.
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. - Daily - Technical analysis published on 01/27/2025 (GMT)

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bullish
Technical indicators
17%
56%
28%
My opinion
Bearish under 215.12 USD
My targets
181.22 USD (-10.34%)
159.24 USD (-21.22%)
My analysis
The strong short-term decline in BROADCOM INC. calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 215.12 USD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 181.22 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 159.24 USD as an objective. Crossing it would then enable sellers to target 135.70 USD. Be careful, a return to above 215.12 USD could jeopardize the reversal.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
1.6

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 gioviforex. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

BROADCOM INC. rating 202.13 USD. The price registered a decrease of -17.40% on the session with the lowest point at 196.23 USD and the highest point at 218.43 USD. The deviation from the price is +3.01% for the low point and -7.46% for the high point.

196.23
218.43
202.13

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly


New LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of BROADCOM INC. in Daily shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily



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

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily


SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Black evening star

Type : Bearish

Timeframe : Daily


Abandoned baby evening star

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 135.70 159.24 181.22 202.13 236.41 249.33
Change (%) -32.86% -21.22% -10.34% - +16.96% +23.35%
Change -66.43 -42.89 -20.91 - +34.28 +47.20
Level Intermediate Major Major - Major Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard170.56183.40192.76205.60214.96227.80237.16
Camarilla196.03198.06200.10202.13204.17206.20208.24
Woodie168.83182.53191.03204.73213.23226.93235.43
Fibonacci183.40191.88197.12205.60214.08219.32227.80


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard223.88230.00237.35243.47250.82256.94264.29
Camarilla241.00242.23243.47244.70245.94247.17248.40
Woodie224.50230.31237.97243.78251.44257.25264.91
Fibonacci230.00235.15238.32243.47248.62251.79256.94


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard90.15126.23179.04215.12267.93304.01356.82
Camarilla207.40215.54223.69231.84239.99248.14256.29
Woodie98.51130.41187.40219.30276.29308.19365.18
Fibonacci126.23160.19181.17215.12249.08270.06304.01

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 37.90
MACD (12,26,9): 5.6600
Directional Movement: -13.28
AROON (14): -7.14
DEMA (21): 237.29
Parabolic SAR (0,02-0,02-0,2): 249.59
Elder Ray (13): -22.85
Super Trend (3,10): 244.67
Zig ZAG (10): 202.13
VORTEX (21): 0.8900
Stochastique (14,3,5): 56.79
TEMA (21): 233.01
Williams %R (14): -88.94
Chande Momentum Oscillator (20): -26.51
Repulse (5,40,3): -8.1100
ROCnROLL: 2
TRIX (15,9): 0.6200
Courbe Coppock: 1.91
MA7: 233.60
MA20: 232.54
MA50: 204.31
MA100: 187.41
MAexp7: 229.32
MAexp20: 227.81
MAexp50: 211.84
MAexp100: 194.20
Price / MA7: -13.47%
Price / MA20: -13.08%
Price / MA50: -1.07%
Price / MA100: +7.85%
Price / MAexp7: -11.86%
Price / MAexp20: -11.27%
Price / MAexp50: -4.58%
Price / MAexp100: +4.08%

Quotes : - 15 min delayed data - NASDAQ Stocks

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

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