Broadcom Topped?3 Weeks ago AVGO put in a topping tail candle on the weekly and for the past 3 weeks it has failed to close above the topping tail on a weekly basis. I've also highlighted some bearish divergence on the RSI. The topping tail will remain the dominant candle unless AVGO can close above the high of the
Key facts today
Broadcom is boosting its focus on AI chips and networking, targeting the top seven LLM builders to rival Nvidia. Jefferies maintains a Buy rating and raises the price target to $315.
Broadcom's stock has declined over 3% amid broader weakness in the chip sector, influenced by market reactions to President Trump's threats regarding government subsidies for Tesla.
53,750.00
0.00 BRL
30.77 B BRL
269.22 B BRL
About Broadcom Inc.
Sector
Industry
CEO
Hock E. Tan
Website
Headquarters
Palo Alto
Founded
1961
ISIN
BRAVGOBDR003
FIGI
BBG00P14JPL5
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.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
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Strong sellStrong buy
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Summary
Neutral
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Strong sellStrong buy
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Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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