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Advanced TA SearchArchive - 6/20/2025 - 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 ninth consecutive positive week for the Avago Technologies (AVGO). During the week, the AVGO climbed 1.29 points, or 0.52%, and closed at 249.99 on Friday, June 20, 2025. Weekly volume was 10% above 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 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 7.05% 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 265.43 on June 4, 2025. AVGO gained -127.33 points, or -92.20%, in 8 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (250.18) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
Weekly Technical Indicators: [See AVGO weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and 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 October 25, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 June 9, 2025 at 241.11 and reached 257.89 on June 12, 2025. AVGO gained -16.78 points, or -6.96%, in 3 days. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend support (250.19) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line 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 June 6, 2025. The distance between the Bollinger Bands is falling, and it was 13.86% on Friday. It is 89.34% lower than one year average. It indicates the period of low volatility of the stock price. 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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