AVGO April 17, 2024: A Sell SignalOn April 17, 2024, NASDAQ:AVGO closed down below its MA-50 AND the previous support since March 21.
Which is a sell signal.
As shown on the chart, the target price for this decline is around $1200.
Next report date
Report period
Q2 2024
EPS estimate
10.16EUR
Revenue estimate
11.29 BEUR
25.8EUR
13.32 BEUR
33.88 BEUR
453.83 M
About Broadcom Inc.
Sector
Industry
CEO
Hock E. Tan
Website
Headquarters
Palo Alto
Employees (FY)
20 K
Founded
1961
FIGI
BBG01K3X8GC1
Broadcom Inc. is a global technology company, which designs, develops, and supplies semiconductors and infrastructure software solutions. It operates through the Semiconductor Solutions and Infrastructure Software segments. The Semiconductor Solutions segment refers to product lines and intellectual property licensing. The Infrastructure Software segment relates to mainframe, distributed and cyber security solutions, and the FC SAN business. The company was founded in 1961 and is headquartered in Palo Alto, CA.
AVGO April 26, 2024: Coming BackOn April 26, 2024, NASDAQ:AVGO is among the first stocks that went back above MA-20 and MA-50 while the main indices SP:SPX and NASDAQ:NDX are still below their own MA-20, MA-50.
An aggressive buy point is here. A confirmation is when NASDAQ:AVGO broke out the yellow trendline shown on the
Technical Analysis of Broadcom Inc. (AVGO)Broadcom Inc. (AVGO) is exhibiting a confluence of technical indicators that suggest a pivotal juncture for its stock price movement. The daily chart encapsulates a symphony of technical patterns and oscillators that signal a tenuous equilibrium between bullish and bearish forces.
Price Action & Vo
AVGO breakout imminentLooks like AVGO will move higher from here. I bought the April 19th 1320/1310 bull put spread for -2.67
$AVGO - we have a new LH👀NASDAQ:AVGO
If the price remains below 1403.50, then this is our new LH.
A failure to hold 1205 will form a new LL and a start of a downtrend.
The candles of the past 4 days show weakness.
My targets are: 1300-1275-1250-1200.
Daily chart:
AVGO dips for a buy now $50 under ATH LONGAVGO is asking to be chased. On the daily chart, the price is now $50 below the ATH of
the top of of the month. RSI on the lower TF green line has pulled back to 72 from 85.
The longer TF black line is admittedly in overbought territory. The longterm growth
expectations of the AI stock defy
Correction Coming for AI? AI technology has been recognized as the new future since the end of 2022. The rapid advancements in AI and its stock prices sparked debates regarding the sustainability of its current valuations.
Indeed, AI technology has a long runway ahead, but like all journeys, it will eventually encounter a
AVGO Broadcom Options Ahead of EarningsAfter the Head and Shoulders chart pattern was perfectly completed:
and the bullish trend started:
Now analyzing the options chain and the chart patterns of AVGO Broadcom prior to the earnings report this week,
I would consider purchasing the 1380usd strike price Calls with
an expiration date of
Broadcom Revenue Beats Estimates As AI Powers DemandTech giant Broadcom ( NASDAQ:AVGO ) surpasses market expectations for first-quarter revenue fueled by heightened demand for advanced networking chips powering artificial intelligence (AI) applications. However, shares dip post-announcement amidst mixed investor sentiments.
Key Highlights:
Broadcom'
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Frequently Asked Questions
The current price of 1AVGO is 1179.8 EUR — it has decreased by 5.75% in the past 24 hours. Watch BROADCOM stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on MIL exchange BROADCOM stocks are traded under the ticker 1AVGO.
BROADCOM is going to release the next earnings report on Jun 6, 2024. Keep track of upcoming events with our Earnings Calendar.
1AVGO stock is 7.65% volatile and has beta coefficient of 2.05. Track BROADCOM stock price on the chart and check out the list of the most volatile stocks — is BROADCOM there?
1AVGO earnings for the last quarter are 10.46 EUR per share, whereas the estimation was 10.37 EUR resulting in a 0.92% surprise. The estimated earnings for the next quarter are 9.58 EUR per share. See more details about BROADCOM earnings.
BROADCOM revenue for the last quarter amounts to 8.79 B EUR despite the estimated figure of 8.77 B EUR. In the next quarter revenue is expected to reach 10.90 B EUR.
Yes, you can track BROADCOM financials in yearly and quarterly reports right on TradingView.
1AVGO stock has risen by 0.58% compared to the previous week, the month change is a 7.00% fall, over the last year BROADCOM has showed a 36.11% increase.
1AVGO net income for the last quarter is 1.22 B EUR, while the quarter before that showed 3.33 B EUR of net income which accounts for −63.25% change. Track more BROADCOM financial stats to get the full picture.
Today BROADCOM has the market capitalization of 537.54 B, it has decreased by 8.16% over the last week.
Yes, 1AVGO dividends are paid quarterly. The last dividend per share was 4.81 EUR. As of today, Dividend Yield (TTM)% is 1.59%. Tracking BROADCOM dividends might help you take more informed decisions.
BROADCOM dividend yield was 2.19% in 2023, and payout ratio reached 55.79%. The year before the numbers were 3.47% and 61.81% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, 1AVGO shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade BROADCOM stock right from TradingView charts — choose your broker and connect to your account.
1AVGO reached its all-time high on Mar 4, 2024 with the price of 1318.8 EUR, and its all-time low was 839.2 EUR and was reached on Dec 7, 2023. View more price dynamics on 1AVGO chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
As of May 2, 2024, the company has 20.00 K employees. See our rating of the largest employees — is BROADCOM on this list?
We've gathered analysts' opinions on BROADCOM future price: according to them, 1AVGO price has a max estimate of 1724.62 EUR and a min estimate of 1034.77 EUR. Watch 1AVGO chart and read a more detailed BROADCOM stock forecast: see what analysts think of BROADCOM and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. BROADCOM EBITDA is 18.82 B EUR, and current EBITDA margin is 56.65%. See more stats in BROADCOM financial statements.