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Archive
- 2/27/2026 -
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Avago Technologies (AVGO) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Avago Technologies (AVGO). During the week, the AVGO dropped -13.10 points, or -3.94%, and closed at 319.55 on Friday, February 27, 2026. Weekly volume was -8% 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 150.90 and resistance is at 449.67. 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 20.33% retracement level.
 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. 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 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 downtrend had started on February 9, 2026 at 352.34 and reached 307.93 on February 26, 2026. AVGO lost 44.41 points, or 12.60%, in 17 days. The chart has formed a Falling Wedge chart pattern. The trend support level is at 313.33 and resistance is at 332.78. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a short-term trend.
 Daily Technical Indicators: [See AVGO daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
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