AVGO Weekly Technical Analysis
Broadcom Inc
Designs semiconductors and enterprise software following its VMware acquisition.
AVGO Technical Analysis Summary
Broadcom remains in a secular long-term bull market with its 50-week and 200-week SMAs broadly stacked in an upward posture. Over the intermediate term, however, the stock is undergoing a corrective phase after rejecting off peak highs and slipping below both its 20-week and 50-week moving averages. Buyers must defend the 335-345 support zone to prevent a deeper retracement toward the broader structural baseline.
Included In Lists
Related Tickers of Interest
AVGO Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price has fallen below the 20-week SMA (396.13) and 50-week SMA (364.67), breaking recent local swing support, with RSI falling below 50.
Long-term Sentiment (weeks to months): Bullish
The broader multi-year macro uptrend remains intact with the 50-week SMA well above the upward-sloping 200-week SMA (199.92).
Report Metadata
- Timeframe: weekly
- Generated at: 2026-09-04T21:03:00.581Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $340.00 | $335.00 - $345.00 | Strong | Confluence of the lower Bollinger Band (343.42) and the prior major structural consolidation base from late 2025/early 2026. |
| $290.00 | $280.00 - $300.00 | Weak | Previous major breakout plateau and psychological round number. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $400.00 | $395.00 - $405.00 | Strong | Confluence of the 20-week moving average and prior broken horizontal support shelf. |
| $445.00 | $440.00 - $450.00 | Strong | Upper Bollinger Band zone and recent secondary distribution high. |
| $497.50 | $490.00 - $505.00 | Strong | All-time high peak with a long rejection upper wick. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Double Top | Bearish | $335.00 | Peak formation near 500 followed by a lower secondary high around 440-450, breaking down through intermediate support lines. |
Frequently Asked Questions about AVGO
What is the current sentiment for AVGO?
The short-term sentiment for AVGO is currently Bearish because Price has fallen below the 20-week SMA (396.13) and 50-week SMA (364.67), breaking recent local swing support, with RSI falling below 50.. 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 $340.00 and $290.00. 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.