• Return to Headlines

Possible Trend Reversal, Broadcom Ltd Down on Heavy Volume (AVGO)

By David Diaz

Shares of Broadcom Ltd are trading down 17.6% to $200.71 today on above average volume. Approximately 8.6 million shares have changed hands today vs. average 30-day volume of 3.3 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend is tracking the current trend status for Broadcom Ltd and will alert subscribers who have AVGO in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, Broadcom Ltd share prices have been bracketed by a current low of $197.46 and a high of $285.68 and are now at $200.71. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has remained constant.

Keywords: unusual volume broadcom ltd

Ticker(s): AVGO