AVGO Struggles Below Key Moving Averages at $323.24
Bearish
Oct 22, 2026 at 9:00 PM
•
$323.24
(-4.31%)
Broadcom Inc (AVGO) closed down 4.31% at $323.24 on October 22.
The technical setup looks bearish:
Moving Averages
The stock trades below its 9-day EMA ($338.85) with the 21-day ($347.42) acting as overhead resistance.
Momentum
RSI at 34.8 is in neutral territory. MACD is bearish (-7.98 vs signal -5.28).
Volatility
Bollinger Band width at 15.7% indicates normal volatility.
While EMAs remain bearish, the oversold RSI reading hints at potential support around $322.76.
Technical levels: $322.76 support, $377.77 resistance.