Broadcom (Germany) Technical Analysis

1YD Stock  EUR 223.20  6.99  3.23%   
As of the 23rd of December, Broadcom shows the Mean Deviation of 2.54, risk adjusted performance of 0.1145, and Downside Deviation of 2.4. Broadcom technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Broadcom downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Broadcom is priced correctly, providing market reflects its regular price of 223.2 per share.

Broadcom Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Broadcom, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Broadcom
  
Broadcom's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Broadcom technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Broadcom technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Broadcom trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Broadcom Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Broadcom volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Broadcom Trend Analysis

Use this graph to draw trend lines for Broadcom. You can use it to identify possible trend reversals for Broadcom as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Broadcom price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Broadcom Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Broadcom applied against its price change over selected period. The best fit line has a slop of   0.61  , which means Broadcom will continue generating value for investors. It has 122 observation points and a regression sum of squares at 13939.43, which is the sum of squared deviations for the predicted Broadcom price change compared to its average price change.

About Broadcom Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Broadcom on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Broadcom based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Broadcom price pattern first instead of the macroeconomic environment surrounding Broadcom. By analyzing Broadcom's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Broadcom's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Broadcom specific price patterns or momentum indicators. Please read more on our technical analysis page.

Broadcom December 23, 2024 Technical Indicators

Most technical analysis of Broadcom help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Broadcom from various momentum indicators to cycle indicators. When you analyze Broadcom charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Broadcom December 23, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Broadcom stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Broadcom Stock analysis

When running Broadcom's price analysis, check to measure Broadcom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Broadcom is operating at the current time. Most of Broadcom's value examination focuses on studying past and present price action to predict the probability of Broadcom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadcom's price. Additionally, you may evaluate how the addition of Broadcom to your portfolios can decrease your overall portfolio volatility.
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