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Uptrend Broken SupportArchive - 1/9/2026 - 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 gave back -2.65 points, or -0.76%, and closed at 344.97 on Friday, January 9, 2026. AVGO was trading at average weekly trading volume.
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 12.56% 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 (399.02) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. AVGO may retest the broken support line. It is considered to be a resistance line now. 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 downtrend resistance line (331.15) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a short-term trend.
Daily Technical Indicators: [See AVGO daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. 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 Williams' Percentage Range help. 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.
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