Broadcom(AVGO)

Broadcom (AVGO) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for AVGO · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$396.81last close · Jul 22, 202652-week range $273.00 – $495.00 · 19.84% below the high

Falling Wedge · playing out now

AVGO just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

As long as price stays above $356.4, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $491.8 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

AVGO Falling Wedge Pattern

AVGO is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBullishTarget$491.82Projected move+28.8%Breakout level$382.98

New to this pattern? What a falling wedge is and how to trade it →

How Falling Wedges Have Performed

Win rate

56.4%

Avg return

+0.52R

Backtested trades

10,683

AVGO win rate

57.1%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

AVGO Pattern Trade History

Every completed pattern trade our nightly backtest found on AVGO's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Triangle	Mar 19, 2026 @ $312.47	Apr 9, 2026 @ $354.91	Loss	+18.1% · -1.04R
Triangle	Mar 5, 2026 @ $335.26	Mar 27, 2026 @ $300.68	Loss	+16.2% · -1.23R
Falling Wedge	Feb 5, 2026 @ $325.56	Mar 30, 2026 @ $293.41	Loss	+25.7% · -1.06R
Triangle	Jan 21, 2026 @ $329.66	Apr 10, 2026 @ $371.55	Loss	+22.2% · -1.40R
Triangle	Oct 28, 2025 @ $364.47	Dec 17, 2025 @ $326.02	Loss	+23.9% · -1.33R
Rising Wedge	Aug 19, 2025 @ $301.44	Sep 5, 2025 @ $334.89	Loss	+7.8% · -2.10R
Rising Wedge	May 20, 2025 @ $226.49	May 27, 2025 @ $235.65	Loss	+29.5% · -1.04R
Triangle	May 10, 2024 @ $132.29	Jun 24, 2024 @ $159.22	Win	+12.6% · +2.70R
Bullish Pennant	Feb 23, 2024 @ $131.37	Mar 8, 2024 @ $130.87	Loss	+10.4% · -0.05R
Rising Wedge	Feb 14, 2024 @ $124.67	Feb 22, 2024 @ $130.49	Loss	+20.1% · -1.18R
Triangle	Sep 15, 2023 @ $84.46	Nov 10, 2023 @ $95.75	Loss	+9.9% · -1.43R
Rising Wedge	Aug 1, 2023 @ $89.78	Aug 18, 2023 @ $82.27	Win	+10.3% · +3.29R

Recent Falling Wedges on Other Charts

ALNYhit target +18.8%Jul 22, 2026 BAstopped −7.9%Jul 21, 2026 BDXhit target +2.8%Jul 21, 2026 HIIhit target +13.1%Jul 21, 2026

Learn about falling wedge

AVGO Support and Resistance Levels

Price found a floor near $383.97 about 5 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $633.57 — still about 60% away.

Traders commonly watch $633.57 as a target (its 200% extension) — think of it as a sensible next stop, not a guarantee.
That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
There's nothing to act on here — the spot to watch was the $383.97 floor about 5 months ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

AVGO Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$380.20	$398.59	$380.00	$396.81
Jul 21, 2026	$390.21	$390.58	$379.22	$386.50
Jul 20, 2026	$378.76	$383.59	$375.96	$378.16
Jul 17, 2026	$366.05	$377.35	$357.80	$370.83
Jul 16, 2026	$384.54	$386.74	$371.90	$374.45
Jul 15, 2026	$396.09	$399.00	$386.74	$394.28
Jul 14, 2026	$395.72	$397.33	$384.64	$389.11
Jul 13, 2026	$393.48	$395.75	$383.42	$384.05
Jul 10, 2026	$398.50	$402.44	$395.70	$399.97
Jul 9, 2026	$402.19	$407.52	$387.93	$401.11

AVGO Frequently Asked Questions

What chart pattern is AVGO forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Broadcom (AVGO) on the daily chart, with a measured-move target of $491.82.

Is a falling wedge bullish or bearish?

The falling wedge detected on AVGO is a bullish pattern, projecting a measured-move target of $491.82. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a falling wedge pattern, and what is its win rate?

Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.

What is the price target if AVGO's pattern breaks out?

The detected falling wedge has a geometry-based measured-move target of $491.82 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was AVGO's closing price on Jul 22, 2026?

Broadcom (AVGO) last closed at $396.81 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.