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Uptrend Broken SupportArchive - 2/6/2026 - Sign In to see current Signals. |
Avago Technologies (AVGO) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Avago Technologies (AVGO). During the week, the AVGO climbed 1.62 points, or 0.49%, and closed at 332.92 on Friday, February 6, 2026. Weekly volume was 33% above average. AVGO is a member of Information Technology Sector. Information Technology is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See AVGO long-term trend chart] A long-term uptrend had started on April 7, 2025 at 138.10 and reached 414.61 on December 10, 2025. AVGO gained -276.51 points, or -200.22%, in 35 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (423.54) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See AVGO medium-term trend chart] A medium-term downtrend had started on December 10, 2025 at 414.61 and reached 295.30 on February 4, 2026. AVGO lost 119.31 points, or 28.78%, in 8 weeks. The price is now at the 31.53% retracement level.
Weekly Technical Indicators: [See AVGO weekly technical indicators chart] Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is below its signal line since December 12, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See AVGO short-term trend chart] A short-term downtrend had started on January 2, 2026 at 360.66 and reached 295.30 on February 4, 2026. AVGO lost 65.36 points, or 18.12%, in 33 days. The price is now at the 57.56% retracement level.
Daily Technical Indicators: [See AVGO daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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