The Greedy Trader Weekly Analysis
Sign In Nov 6, 2026
Skip Navigation Links
Share
Number of records: 4
Symbol:  

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

Semiconductors Industry Stocks Technical Analysis - AVGO

Archive
- 10/30/2026 -
Sign In to see current Signals.

Avago Technologies (AVGO) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Overbought sectorBroken trend support line - Downtrend exhaustionWilliams' Percentage Range is oversoldStochastic signal line moved above oversold areaTrend support at 323.13
Daily :Williams' Percentage Range is oversoldStochastic signal line moved above oversold areaDaily  MACD line has moved above its signal line
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 4.40 points, or 1.37%, and closed at 326.08 on Friday, October 30, 2026. Weekly volume was -7% below average.

AVGO is a member of Information Technology Sector. Information Technology is the second 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 chart has formed a Rising Channel chart pattern. The downtrend support line (429.17) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 long-term trend.

Medium-term trend: [See AVGO medium-term trend chart]
A medium-term downtrend had started on June 3, 2026 at 495.00 and reached 319.30 on October 30, 2026. AVGO lost 175.70 points, or 35.49%, in 21 weeks. The chart has formed a Falling Wedge chart pattern. The price is near the trend support (323.13) 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 is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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 below its signal line since June 18, 2026. This is an indication that the medium-term trend is down. 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 October 6, 2026 at 380.84 and reached 319.30 on October 30, 2026. AVGO lost 61.54 points, or 16.16%, in 24 days. The price is now at the 11.02% retracement level.

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. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 37.28
Williams' Percentage Range (W%R) 81.40
Oversold
Lane's Stochastic (%D-Slow) 61.76
Greed/Fear Indicator (GFI) 39.20
Moving Average Converg./Diverg. (MACD) -6.47
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 34.71
Williams' Percentage Range (W%R) 89.90
Oversold
Lane's Stochastic (%D-Slow) 20.14
Greed/Fear Indicator (GFI) 22.83
Moving Average Converg./Diverg. (MACD) -1.24 Bullish
Trading Signals
Description Value Chart
Upper Bollinger Band 374.95
Monthly Trendline Resistance 356.50
50 Day Moving Average 352.81
Parabolic System 352.75
20 Day Moving Average 345.70
Daily Stochastic Crossing 342.68
Weekly Stochastic Crossing 332.40
Price 326.08
Monthly Trendline Support 323.13
Lower Bollinger Band 310.41
Sector and Industry
Description Name Rank
Sector Information Technology 8
Industry Semiconductors 55
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 380.84
High Date 10/06/2026
Low 319.30
Low Date 10/30/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 432.73
High Date 08/10/2026
Low 319.30
Low Date 10/30/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Test Support
Resistance 356.50
Support 323.13
High 495.00
High Date 06/03/2026
Low 319.30
Low Date 10/30/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 128.50
Low Date 08/05/2024
High 495.00
High Date 06/03/2026
Description Value
Direction Down
Chart Pattern Rising Channel
Status Broken Support
Resistance 562.37
Support 429.17
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.