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Archive - 2/20/2026 - 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 first positive week for the Avago Technologies (AVGO). During the week, the AVGO gained 7.48 points, or 2.30%, and closed at 332.65 on Friday, February 20, 2026. Weekly volume was -34% below 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 August 5, 2024 at 128.50 and reached 414.61 on December 10, 2025. AVGO gained -286.11 points, or -222.65%, in 70 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 150.61 and resistance is at 446.36. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern 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 31.31% retracement level.
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. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend 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 February 4, 2026 at 295.30 and reached 352.34 on February 9, 2026. AVGO gained -57.04 points, or -19.32%, in 5 days. The price is now at the 34.52% retracement level.
Daily Technical Indicators: [See AVGO daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since February 6, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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 is close to 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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