Broadcom Inc. (AVGO) Technical Analysis & Key Levels

In-depth technical analysis of Broadcom Inc. (AVGO): trend structure, support and resistance levels, MA50/MA200 alignment, RSI momentum, MACD signals, and 52-week high/low. Updated 2025-09-22.

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Provide a pure technical analysis for Broadcom Inc. (AVGO). Focus on trend, support/resistance, MA crossovers, RSI and MACD. Draw horizontal lines for Support and resistance.

AVGO Technical Analysis – 2025-09-22

Current price and context

  • Current price: 344.94 USD
  • The stock has been in a pronounced uptrend through late summer into September, with a series of higher highs and higher lows. Price has been consolidating near the 340–360 zone after a sharp run from the 290s to the mid-360s in recent weeks. Momentum remains positive, as evidenced by the rising MACD/histogram and an RSI that has moved into the upper half of the range, indicating bullish tempo but with overbought risk potential.

Summary Snapshot

  • Overall Score (0–20): 15 Buy
  • Rationale: Clear uptrend with price comfortably above MA50 and MA200, expanding positive momentum (MACD/histogram), and a potential breakout pathway toward the 360–374 area. RSI signals near-overbought risk, suggesting a near-term pause or shallow pullback before continuing higher.
  • Key Levels:
    • Support 1 (S1): 300
    • Support 2 (S2): 336
    • Resistance 1 (R1): 360
    • Resistance 2 (R2): 374
    • 52-Week High: 374.23
    • 52-Week Low: 137.78
  • Near-Term Outlook:
    • Bullish triggers: Close above 374 would open a path toward the 380+ zone; a breach of 360 with sustained strength would keep the grind toward the 374 target intact.
    • Bearish/invalidation: A break and close below 300 would call the current up-leg into question and open risk toward the 290–280 area (historical baselines) before any meaningful reversion.

Technical Analysis

Market structure and trend

  • Structure: The price has carved a clear uptrend from late June through September, creating progressively higher highs (approaching the 360–370 area) and higher lows (notably around the 300–336 range in late August to September). The recent action shows a consolidation near 340–360 after the breakout above prior resistance, consistent with a continuation pattern in the absence of a direct reversal signal.
  • Higher highs and higher lows dominate the current window, with a fresh push into the 360–374 band possible if the bullish tempo persists.

Moving averages

  • MA50 vs MA200: Current price is well above MA50 (~307) and MA200 (~238). The MA50 has been rising toward the mid-300s, supporting a bullish slope. No MA crossover risk observed in the immediate term; rather, price sitting above these averages reinforces trend strength.

Momentum

  • RSI (14): Recently elevated, moving into the upper 60s to low/mid-80s range in early September. This indicates strong momentum but also overbought risk that could herald a shallow pullback or a tight range before another leg higher if buyers remain in control.
  • MACD (12,26,9): Positive and widening through the period shown, with MACD line above the signal line and the histogram positive, signaling ongoing bullish momentum.

Key levels (horizontal lines drawn)

  • Support 1 (S1) at 300: Early clear reaction point observed as the price traded down into the 300s before resuming the rally; extended forward for charting: 300.00 (p1: 2025-09-02; p2: 2026-01-24). Color: green (#2ECC71).
  • Support 2 (S2) at 336: Formed as a local floor during the run into September; extended forward for charting: 336.00 (p1: 2025-09-09; p2: 2025-12-18). Color: light green (#58D68D).
  • Resistance 1 (R1) at 360: First meaningful resistance in the current upside move; testing around the mid-September window and acting as a hurdle to further upside near the 360 area; extended forward: 360.00 (p1: 2025-09-16; p2: 2026-01-24). Color: red (#E74C3C).
  • Resistance 2 (R2) at 374: 52-week high vicinity, with 374–374.23 as the high-water mark; extended forward: 374.00 (p1: 2025-09-25; p2: 2026-02-02). Color: purple (#6C5CE7).
  • 52-Week High/Low references:
    • 52-Week High: 374.23 (drawn line as a reference, color blue #5DADE2)
    • 52-Week Low: 137.78 (drawn line as a reference, color blue #5DADE2) Notes on lines: All horizontal lines are drawn with the specified p1.time as the earliest clear touch within the last 60 days, and p2.time set to 100 days forward as requested.

Scenarios and risk management

  • Bullish scenario (base case): Price pushes through 360 and eventually breaks 374, opening the path toward the next psychological/technical level near 380–390. Invalidation would occur if price closes below 300 on a sustained basis (e.g., more than 1–2 sessions), with risk drifting back toward the 290–310 range.
  • Bearish scenario (contingent): A break below 336 could signal a near-term deeper pullback, while a break below 300 would confirm a shift away from the current up-leg, suggesting a test of the mid- to lower-300s or the 280–300 zone before a new trend decision.
  • Neutral / pause scenario: A shallow pullback into the 320–340 zone without violating 336 or 360 could keep AVGO in a tight range, with a higher-probability test of 360 again if the bid remains constructive.

References and rationale

  • The analysis leverages the last 60 days of price action: clearly higher-highs-and-lows structure, price trades well above MA50/MA200, and momentum indicators (RSI and MACD) aligning with a bullish tilt but signaling near-term overbought risk.
  • The drawn levels reflect observed touchpoints in the recent swing structure:
    • S1 at 300 (earliest touch 2025-09-02; extended forward)
    • S2 at 336 (earliest touch 2025-09-09; extended forward)
    • R1 at 360 (earliest touch 2025-09-16; extended forward)
    • R2 at 374 (earliest touch 2025-09-25; extended forward)
    • 52-Week High at 374.23 and 52-Week Low at 137.78 as long-range references

Deliverable recap

  • Horizontal levels drawn: S1 300, S2 336, R1 360, R2 374, plus 52-week high/low references.
  • Current price context: AVGO is in a strong uptrend with upside potential toward the 374 area, though RSI indicates overbought territory that could lead to a near-term pause.
  • Suggested action framework: Watch 360–374 for breakout continuation; manage risk with a tight stop near 300 to protect against a more meaningful pullback.

Notes

  • The lines and colors used for the visualizations are consistent with the above descriptions:
    • S1: 300 (green)
    • S2: 336 (light green)
    • R1: 360 (red)
    • R2: 374 (purple)
    • 52-Week High: 374.23 (blue)
    • 52-Week Low: 137.78 (blue)

If you’d like, I can adjust the level anchors (e.g., use slightly different round-number levels such as 304/332/368) to reflect alternative touch interpretations from the chart you’re viewing.

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