The rebound doesn't convince the money flow
Broadcom bounces 3% but sellers stay in control: the sell signal holds
The rebound doesn't convince the money flow
Our view last week
Broadcom gave back most of last week's rebound: after an 11% bounce, the stock drops 7.3% this week and money flow worsens again, with sellers making up 68% of volume. The sell signal has been under management for six weeks, the short in modest profit; price is now working between the 20-week average, in the 380 area, and the daily pivot support, in the 369 area.
This week's summary
Broadcom bounces 3% after last week's slide, but the rebound arrives with the wrong signature: sellers stay in control with 74% of volume, worse than a week ago, and money flow keeps sliding. Price action confirms a strong distribution phase. Price is working just above the lower edge of the No-Trade Zone, not far from the double bottom in the 357 area.
IQS Phase
74
in tension
Signal Strength
45
isolated weekly drop
Sizing
REDUCED
Ranking
#48 / 141
US stocks
Trade P&L %
+0.04%
from signal to today
Rank position
ranks 48th among the 141 sell signals for US stocks in our ranking, with a signal strength of 45 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +0.17% · monthly -3.92%
AVGO belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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