Bearish MACD Cross Pressures AVGO at $352.13
BearishBroadcom Inc (AVGO) closed up 0.55% at $352.13 on December 29.
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 $358.16.
Momentum
RSI at 49.9 is in neutral territory but trending higher. MACD is bearish (-6.07 vs signal -2.79).