AVGO

AVGO

Broadcom Inc
Semiconductors
$368.79 -0.74% As of Aug 29, 1:29 AM
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Trade Idea

Strategy
Bull Call
Strikes
$340/345
Expiration
Feb 13
Target ROI
100.0%
Bullish Factors
MACD Positive and Rising.

Technical Analysis

AVGO Slips Below Moving Averages, Testing $368.79

Bearish
Aug 29, 2026 at 1:29 AM $368.79 (-0.74%)

Broadcom Inc (AVGO) fell 0.74% to finish at $368.79 on August 29.

From a technical standpoint, the outlook appears bearish:

Momentum RSI at 43.2 is in neutral territory but trending higher. MACD is bearish (-8.80 vs signal -5.38).
Moving Averages The stock trades below its 9-day EMA ($370.31) with the 21-day ($380.47) acting as overhead resistance.
Volatility Bollinger Band width at 26.3% indicates normal volatility.

Watch $339.70 as support and $442.41 as resistance.

Downtrend Intact: AVGO Rejected at EMAs, Trades $368.79

Bearish
Aug 28, 2026 at 9:00 PM $368.79 (-0.74%)

Bearish MACD Cross Pressures AVGO at $371.54

Bearish
Aug 27, 2026 at 9:00 PM $371.54 (+4.49%)

AVGO Faces Resistance as EMAs Turn Bearish

Bearish
Aug 26, 2026 at 9:00 PM $355.59 (-0.33%)

AVGO Slips Below Moving Averages, Testing $356.74

Bearish
Aug 25, 2026 at 9:00 PM $356.74 (-0.57%)
Systematic technical analysis • Updated daily after market close
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Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp -197
Trade Date Jan 5, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.