AVGO Daily Technical Analysis
Broadcom Inc
Designs semiconductors and enterprise software following its VMware acquisition.
AVGO Technical Analysis Summary
Broadcom (AVGO) is experiencing short-term weakness after falling beneath its 20-day, 50-day, and 200-day moving averages, currently testing the 360 level. While the primary multi-month trend maintains a broader consolidation structure above the major 300-340 base, immediate momentum remains tilted to the downside with RSI near 41. Reclaiming the 200-day SMA at 370.09 is critical for buyers to prevent a deeper retest of the lower Bollinger Band near 340.
Included In Lists
Related Tickers of Interest
AVGO Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is trading below the 20-day, 50-day, and 200-day moving averages with downward momentum confirmed by RSI below 50 (at 41.34).
Long-term Sentiment (weeks to months): Neutral
Price has slipped slightly below the 200-day MA (370.09) and 50-day MA (383.23), but remains within a broad consolidation range established over the past year.
Report Metadata
- Timeframe: daily
- Generated at: 2026-09-10T20:18:02.128Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $342.50 | $340.00 - $345.00 | Strong | Aligns with the lower Bollinger Band and previous key support levels from July and early August. |
| $305.00 | $300.00 - $310.00 | Strong | Major swing low established in April 2026. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $372.50 | $370.00 - $375.00 | Moderate | Confluence of the 200-day moving average (370.09) and the 20-day SMA/middle Bollinger band (370.28). |
| $386.50 | $383.00 - $390.00 | Moderate | Coincides with the downward-sloping 50-day moving average (383.23). |
| $440.00 | $435.00 - $445.00 | Strong | Recent late-August swing high and upper Bollinger Band boundary. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | Descending Channel / Pullback | Bearish | $340.40 | Price has been in a steady pullback since peaking near 440 in late August, creating lower highs and lower lows below key moving averages. |
Frequently Asked Questions about AVGO
What is the current sentiment for AVGO?
The short-term sentiment for AVGO is currently Bearish because Price is trading below the 20-day, 50-day, and 200-day moving averages with downward momentum confirmed by RSI below 50 (at 41.34).. The long-term trend is classified as Neutral.
What are the key support levels for AVGO?
StockDips.AI has identified key support levels for AVGO at $342.50 and $305.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is AVGO in a significant dip or a Value Dip right now?
AVGO has a Value Score of 39/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.