The Greedy Trader Weekly Analysis
Sign In May 15, 2026
Skip Navigation Links
Share
Number of records: 2
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Uptrend Broken Support

Uptrend Broken Support stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Broken Support alert is a confirmation that long term uptrend reversal is completed and a new downtrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of support trendline. This point is considered as a second chance to sell long position (or open short positions) in uptrend reversal.

Uptrend Broken Support

Archive
- 5/8/2026 -
Sign In to see current Signals.

Avago Technologies (AVGO) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorWilliams' Percentage Range is overboughtLane's Stochastic is strongly overbought
Daily :Daily  MACD line has moved below its signal lineThe price has risen above the Parabolic SARThe price touches the upper Bollinger Band
Move cursor over the icon to see details.

It was a first positive week for the Avago Technologies (AVGO). During the week, the AVGO gained 8.72 points, or 2.07%, and closed at 430.00 on Friday, May 8, 2026. Weekly volume was -17% below average.

AVGO is a member of Information Technology Sector. Information Technology is the most overbought 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 August 5, 2024 at 128.50 and reached 437.68 on May 6, 2026. AVGO gained -309.18 points, or -240.61%, in 91 weeks. Price is near the trend high.

Medium-term trend: [See AVGO medium-term trend chart]
A medium-term uptrend had started on March 30, 2026 at 289.96 and reached 437.68 on May 6, 2026. AVGO gained -147.72 points, or -50.94%, in 5 weeks. The price is now at the 5.20% retracement level.

Weekly Technical Indicators: [See AVGO weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range or strongly overbought weekly 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since April 10, 2026. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See AVGO short-term trend chart]
A short-term uptrend had started on May 7, 2026 at 406.30 and reached 435.00 on May 8, 2026. AVGO gained -28.70 points, or -7.06%, in 1 days. The price is now at the 17.42% 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 risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

The price touches the upper Bollinger Band. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 62.57
Williams' Percentage Range (W%R) 26.20
Lane's Stochastic (%D-Slow) 68.56
Greed/Fear Indicator (GFI) 68.30
Moving Average Converg./Diverg. (MACD) 20.53
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 74.32
Williams' Percentage Range (W%R) 12.10
Overbought
Lane's Stochastic (%D-Slow) 90.44
Strong Overbought
Greed/Fear Indicator (GFI) 79.50
Moving Average Converg./Diverg. (MACD) 8.79
Trading Signals
Description Value Chart
Upper Bollinger Band 431.02
Price 430.00
Weekly Stochastic Crossing 428.03
Daily Stochastic Crossing 425.39
20 Day Moving Average 410.17
Parabolic System 399.26
Lower Bollinger Band 374.15
50 Day Moving Average 358.86
Sector and Industry
Description Name Rank
Sector Information Technology 9
Industry Semiconductors 118
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 406.30
Low Date 05/07/2026
High 435.00
High Date 05/08/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 406.30
Low Date 05/07/2026
High 435.00
High Date 05/08/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 289.96
Low Date 03/30/2026
High 437.68
High Date 05/06/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 128.50
Low Date 08/05/2024
High 437.68
High Date 05/06/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 1851.62
High Date 06/18/2024
Low 128.50
Low Date 08/05/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.