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Archive - 9/4/2026 - 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 dropped -10.90 points, or -2.96%, and closed at 357.89 on Friday, September 4, 2026. Weekly volume was 32% above 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 (403.42) 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 342.33 on September 3, 2026. AVGO lost 152.67 points, or 30.84%, in 13 weeks. The price is now at the 10.19% 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 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 August 10, 2026 at 432.73 and reached 342.33 on September 3, 2026. AVGO lost 90.40 points, or 20.89%, in 24 days. The price is now at the 17.21% 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. Daily Relative Strength Index and MACD have bullish divergence. Use the following links to access the Relative Strength Index and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index and MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Relative Strength Index help. The daily MACD line is below its signal line since August 14, 2026. 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. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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