TTM Squeeze Tightens Grip on AVGO at $384.05
Neutral
Jul 14, 2026 at 12:09 AM
•
$384.05
(-3.98%)
Broadcom Inc (AVGO) slipped 3.98% to $384.05 on July 14.
From a technical standpoint, the outlook appears mixed:
Momentum
RSI at 47.8 is neutral but improving. MACD is bullish (-4.50 vs signal -7.53).
Moving Averages
Price sits below both the 9-day ($385.10) and 21-day ($387.35) EMAs, suggesting short-term weakness.
Volatility
Volatility has been compressing for 7 sessions (TTM Squeeze active), often a precursor to directional moves.
Despite the bearish EMA structure, bullish MACD divergence suggests patient buyers may find opportunity near $357.36.
Key levels to watch: Support at $357.36, Resistance at $408.02.