AVGO Sees Bearish MACD Divergence at $352.13

Broadcom Inc (AVGO) closed up 0.55% at $352.13 on December 27.

Technical indicators paint a mixed picture:

• Moving Averages: Mixed signals with price near the 9-day EMA ($350.69). The 21-day EMA sits at $359.04.
• Momentum: RSI at 50.5 is in neutral territory but trending higher. MACD is bearish (-6.02 vs signal -2.73).
• Volatility: Bollinger Band width at 30.4% indicates normal volatility.

Key levels to watch: Support at $312.83, Resistance at $425.14.