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Broadcom Ltd Trading Higher Today on Above-Average Volume (AVGO)

By Shiri Gupta

The price of Broadcom Ltd shares has climbed to $294.43 (a 9.8% change) on heavy trading volume. Today's volume of 3.1 million shares tops the average 30-day volume of 2.2 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is monitoring the recent change of momentum in Broadcom Ltd. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Broadcom Ltd in search of a potential trend change.

Broadcom Ltd share prices have moved between a 52-week high of $294.43 and a 52-week low of $197.46 and are now trading 49% above that low price at $294.43 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.5%.

Keywords: unusual volume broadcom ltd

Ticker(s): AVGO