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

Auto-detected technical analysis for AVGO · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$418.16last close · Aug 4, 202652-week range $281.87$495.00 · 15.52% below the high
Symmetrical Triangle · playing out now

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

On this chart, setups like it have followed through about 39% of the time.

As long as price stays above $369.5, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $438.5 — 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 Triangle Pattern

AVGO is currently forming a triangle on the daily timeframe. Detected Aug 4, 2026.

DirectionBullishTarget$438.53Projected move+12.8%Breakout level$392.40

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

How Triangles Have Performed

Win rate
52.4%
Avg return
+0.36R
Backtested trades
13,619
AVGO win rate
44.4%

Historical pattern statistics (2006-08-04 – 2026-08-04), 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.

PatternEntryExitOutcomeResult
TriangleMar 19, 2026 @ $312.47Apr 9, 2026 @ $354.91Loss-1.04R
Falling WedgeFeb 6, 2026 @ $326.39Mar 30, 2026 @ $293.41Loss-1.06R
TriangleJan 21, 2026 @ $329.66Apr 10, 2026 @ $371.55Loss-1.40R
TriangleDec 12, 2025 @ $379.96Dec 16, 2025 @ $336.95Win+1.24R
TriangleOct 28, 2025 @ $364.47Dec 17, 2025 @ $326.02Loss-1.33R
Rising WedgeMay 19, 2025 @ $221.85May 27, 2025 @ $235.65Loss-1.03R
Falling WedgeNov 6, 2024 @ $179.63Nov 15, 2024 @ $164.84Loss-1.21R
TriangleMay 10, 2024 @ $132.29Jun 24, 2024 @ $159.22Win+2.70R
Bullish PennantFeb 23, 2024 @ $131.37Mar 8, 2024 @ $130.87Loss-0.05R
Rising WedgeFeb 13, 2024 @ $123.51Feb 22, 2024 @ $130.49Loss-1.15R
TriangleSep 21, 2023 @ $79.51Nov 10, 2023 @ $95.75Loss-1.26R
TriangleSep 15, 2023 @ $84.46Nov 10, 2023 @ $95.75Loss-1.43R

AVGO Support and Resistance Levels

Price was turned away at a ceiling near $534.87 about 2 months ago and has been sliding since. On the weekly chart, the next floor below sits near $289.96 — still about 31% away.

  • Traders commonly watch $289.96 as a target (its 100% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $534.87 ceiling about 2 months ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

Nearest auto-detected support sits near $372.18, resistance near $485.70. These are chart/swing-derived levels, not formula pivots.

Resistance
$485.70$495.00$592.25$646.84$712.01$887.80
Support
$372.18$303.27$289.96

AVGO Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$402.97$422.07$400.68$418.16
Aug 3, 2026$384.41$392.61$374.61$392.23
Jul 31, 2026$394.83$399.92$379.71$389.28
Jul 30, 2026$380.35$388.68$377.54$387.84
Jul 29, 2026$380.64$386.12$369.51$370.32
Jul 28, 2026$374.36$385.80$371.52$380.91
Jul 27, 2026$389.82$389.90$373.50$383.22
Jul 24, 2026$387.68$389.27$378.75$381.92
Jul 23, 2026$392.19$397.61$386.82$392.47
Jul 22, 2026$380.20$398.59$380.00$396.81

AVGO Frequently Asked Questions

What chart pattern is AVGO forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a triangle on Broadcom (AVGO) on the daily chart, with a measured-move target of $438.53.
Is a triangle bullish or bearish?
The triangle detected on AVGO is a bullish pattern, projecting a measured-move target of $438.53. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (13,619 trades over 631 symbols), it resolved in the expected direction 52.4% of the time with an average of +0.36R. These are historical statistics, not a prediction.
What are the support and resistance levels for AVGO?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), AVGO's nearest support is around $372.18 and nearest resistance around $485.70.
What is the price target if AVGO's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $438.53 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was AVGO's closing price on Aug 4, 2026?
Broadcom (AVGO) last closed at $418.16 on Aug 4, 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.