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Uptrend Broken SupportArchive - 1/2/2026 - 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 the negative week for the Avago Technologies (AVGO). During the week, the AVGO dropped -4.51 points, or -1.28%, and closed at 347.62 on Friday, January 2, 2026. Weekly volume was -25% below average.
Long-term trend: [See AVGO long-term trend chart] A long-term downtrend had started on June 18, 2024 at 1851.62 and reached 128.50 on August 5, 2024. AVGO lost 1723.12 points, or 93.06%, in 6 weeks. The price is now at the 12.72% retracement level.
Medium-term trend: [See AVGO medium-term trend chart] A medium-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 (392.56) 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 medium-term trend.
Weekly Technical Indicators: [See AVGO weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 12, 2025. The distance between MACD and the signal line is low, but getting bigger. 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 December 10, 2025 at 414.61 and reached 321.42 on December 17, 2025. AVGO lost 93.19 points, or 22.48%, in 7 days. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 354.66 and resistance is at 330.94. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a short-term trend.
Daily Technical Indicators: [See AVGO daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since December 11, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. 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. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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