Taking everything into account, AVGG scores 0 out of 10 in our technical rating. AVGG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, AVGG is a bad performer in the overall market: 100% of all stocks are doing better.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- In the last month AVGG has a been trading in the 21.92 - 29.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, AVGG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
22.53
We found 1 important support area.
- A support zone ranging from 22.76 to 22.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @28.16 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AVGG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVGG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | AVGG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVGG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVGG is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 42.49 | NEUTRAL | The RSI value for AVGG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests AVGG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.68 | NEUTRAL | The Stochastics value for AVGG is a neutral value. |
| Average True Range in percent/ATR (20) | 7.28 | HIGH VOLATILITY | The high ATR as a percentage value for AVGG suggests high volalility. |
| Average Directional Index/ADX (14) | 19.35 | NEGATIVE | The low ADX value for AVGG suggests a weak or negative trend. |
NASDAQ:AVGG (1/28/2026, 3:56:49 PM)
24.65
+0.09 (+0.37%)
LEVERAGE SHARES 2X AVGO / AVGG FAQ
What is the technical rating for AVGG stock?
ChartMill assigns a technical rating of 0 / 10 to AVGG.
What is the trend direction for AVGG stock?
The current trend direction for LEVERAGE SHARES 2X AVGO (AVGG) is Bearish.
Can you provide the RSI signal for LEVERAGE SHARES 2X AVGO?
LEVERAGE SHARES 2X AVGO (AVGG) has an RSI value of 42.4918. This indicates that the stock is currently neutral.
What is the support and resistance level for AVGG stock?
LEVERAGE SHARES 2X AVGO (AVGG) has a support level at 22.76 and a resistance level at 28.16. Check the full technical report for our detailed analysis of AVGG support and resistance levels.