Market analysis highlighted a potential shift in sentiment for Broadcom (AVGO) on December 29, 2025. The stock printed a bearish outside month in December on high volume. This technical indicator suggests a change in trend following a strong year.
Broadcom maintains a significant correlation with the Nasdaq 100. Consequently, struggles for the stock in 2026 could signal broader concerns regarding the technology index’s resilience.
This technical warning arrives amid positive sector cross-currents. The semiconductor sector, including Broadcom, recently benefited from a pause on new chip tariffs.
This pause fueled a turnaround for the stock and is expected to act as a tailwind for the PHLX Semiconductor Index into early 2026. No specific market reaction to the technical analysis was available.