AVGO Monthly Technical Analysis
Broadcom Inc
Designs semiconductors and enterprise software following its VMware acquisition.
AVGO Technical Analysis Summary
Broadcom (AVGO) is in a powerful secular bull market, evidenced by a steep parabolic rally that has extended significantly above all major moving averages. While the long-term momentum is robust with MACD confirming the trend, the current month shows a corrective pullback from all-time highs, suggesting a potential pause to digest gains. Investors should watch the 20-month SMA near 245 as a critical dynamic support level if the consolidation deepens. The overall structure remains highly constructive unless key support levels are violated.
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AVGO Monthly Chart
Sentiment
Short-term Sentiment (days to weeks): Neutral
The stock is currently experiencing a pullback (down ~4.28% for the month) after hitting a fresh all-time high of ~360. While the primary trend is up, the current red candle suggests a period of consolidation or profit-taking is underway.
Long-term Sentiment (weeks to months): Bullish
The long-term trend is exceptionally strong, characterized by a parabolic advance well above rising 20, 50, and 200-month SMAs. The MACD is in a strong bullish expansion, and the RSI remains in a bullish regime above 60.
Report Metadata
- Timeframe: monthly
- Generated at: 2026-02-02T05:11:39.910Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $245.00 | $240.00 - $250.00 | Strong | Coincides with the 20-month SMA (Bollinger Band midline), serving as the primary dynamic support for the long-term trend. |
| $185.00 | $180.00 - $190.00 | Strong | Major structural breakout zone from the 2021-2023 consolidation phase. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $362.50 | $360.00 - $365.00 | Strong | Current all-time high established in the most recent candle. |
| $402.50 | $400.00 - $405.00 | Weak | Upper Bollinger Band level, acting as a potential volatility ceiling. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Parabolic Uptrend | Bullish | N/A | Price has accelerated vertically away from moving averages since breaking out in late 2023, typical of a climax run or extremely strong momentum phase. |
Frequently Asked Questions about AVGO
What is the current sentiment for AVGO?
The short-term sentiment for AVGO is currently Neutral because The stock is currently experiencing a pullback (down ~4.28% for the month) after hitting a fresh all-time high of ~360. While the primary trend is up, the current red candle suggests a period of consolidation or profit-taking is underway.. The long-term trend is classified as Bullish.
What are the key support levels for AVGO?
StockDips.AI has identified key support levels for AVGO at $245.00 and $185.00. 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 101/100. 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.