AVGO opened with a gap down on Dec 27, 2024, experienced volatility 3.88%
Date: Dec 27, 2024 (Friday)
open : $244.60
close : $241.75
low : $236.35
high : $245.73
previous close: $245.36
Also check: Tool to spot which candlestick has formed
On Dec 27, 2024 (Friday), BROADCOM INC. (AVGO) in the technology sector showed bearish momentum of -1.47% w.r.t previous day's close. The stock belongs to the semiconductors industry within the technology sector.
The stock opened with a gap down at $244.60, compared to the previous close of $245.36 (a gap down of -0.31%).
The stock hit a high of $245.73 and a low of $236.35, creating a trading range of $9.38. The price movement for the day was -1.17% lower than the opening price.
The stock traded 27,689,383 shares, showing a modest 1.10% change compared to the average of 27,389,290 shares. This indicates a fairly typical level of market activity, with no major deviations from average trading volume.
The stock showed moderate volatility (3.88%) with movement between $236.35 and $245.73.
Even though the market is bullish, the stock closed lower—kind of going against the flow.
Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.