Wed Nov 19 21:40:00 UTC 2025: Summary:

Broadcom (AVGO) stock has recently pulled back from its record high, but analysts predict a potential rebound. Historically, when the stock trades near its 80-day moving average like it is now, it has shown a high probability of rising in the following month. Additionally, the stock is currently oversold according to the RSI, further suggesting a potential bounce. Broadcom also tends to outperform expectations regarding its volatility.

News Article:

Broadcom (AVGO) Stock Poised for Rebound After Recent Dip, Analysts Say

[City, State] – Semiconductor giant Broadcom Inc. (NASDAQ:AVGO) has seen its stock price dip recently, falling from its October 29th high of $386.48 to a current price of $346.70. Despite this pullback, analysts suggest a potential rebound is on the horizon, fueled by historical trends and oversold conditions.

According to data from Schaeffer’s Investment Research, Broadcom is currently trading near its 80-day moving average. Historically, when AVGO trades within 0.75 of the 80-day moving average’s 20-day average true range (ATR) after remaining above it during the last 20 trading days and 75% of the last six months, the stock has shown a strong tendency to rise in the following month. This pattern has occurred nine other times in the past five years, resulting in a 100% success rate with an average gain of 8.9%. A similar gain from the current price would push the stock up to approximately $377.50, closer to its record high.

Adding to the bullish outlook, Broadcom’s 14-day Relative Strength Index (RSI) is currently at 23.9, placing it firmly in oversold territory. This suggests that the stock may be ripe for a short-term bounce. Furthermore, Broadcom’s Schaeffer’s Volatility Scorecard (SVS) of 83 out of 100 indicates that the stock tends to outperform options traders’ volatility expectations.

While Broadcom has experienced a recent dip, these factors suggest the potential for a significant rebound in the near future. Investors are advised to monitor the stock closely in the coming weeks. Despite the recent pullback, the stock is currently outperforming with a 50% year-to-date lead.

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