Broadcom (AVGO) Monthly Technical Analysis
Broadcom Inc
Designs semiconductors and enterprise software following its VMware acquisition.
AVGO Technical Analysis Summary
AVGO maintains an intact secular bull market driven by strongly ascending long-term 50-month and 200-month moving averages. Although the monthly chart is experiencing a sharp intermediate correction from peaks above 500, price is currently testing key mean-reversion support at the 20-month SMA around 326–328. As long as price remains established above the broader 200.00 structural base, the secular multi-year outlook remains structurally bullish.
Included In Lists
Related Tickers of Interest
AVGO Monthly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is undergoing a steep multi-month correction from its all-time high above 500, showing consecutive heavy red monthly candles and testing the 20-month moving average as RSI drops toward 50.
Long-term Sentiment (weeks to months): Bullish
The secular bull market remains dominant with the 20, 50, and 200-month moving averages aligned in strong ascending order, and current prices trading well above the rising 50-month SMA.
Report Metadata
- Timeframe: monthly
- Generated at: Nov 1, 2026
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $314.00 | $300.00 - $328.00 | Moderate | Confluence of the 20-month SMA/Bollinger Band midline (327.83) and recent monthly swing low tests near 300. |
| $192.50 | $185.00 - $200.00 | Strong | Major secular support defined by the rising 50-month SMA (200.18) and the lower Bollinger Band (189.87). |
| $92.50 | $85.00 - $100.00 | Strong | Historical multi-year secular breakout base from 2021–2023 consolidation. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $412.50 | $400.00 - $425.00 | Moderate | Intermediary breakdown zone and psychological resistance level from recent monthly candle bodies. |
| $495.00 | $480.00 - $510.00 | Strong | All-time high peak resistance and upper wick rejection zone. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Secular Ascending Trend | Bullish | N/A | Multi-year parabolic advance with price expanding strongly above stacked 50 and 200-month moving averages following the late 2023 base breakout. |
| Moderate | Mean Reversion Pullback to 20-Month SMA | Neutral | N/A | Sharp corrective retracement from the ~505 peak back down to test the 20-period moving average baseline around 327. |
Frequently Asked Questions about AVGO
What is the current sentiment for AVGO?
The short-term sentiment for AVGO is currently Bearish because Price is undergoing a steep multi-month correction from its all-time high above 500, showing consecutive heavy red monthly candles and testing the 20-month moving average as RSI drops toward 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 $314.00 and $192.50. 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 60/100. 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.