Chip Sector Eyes New Wave: AVGO, ARM, CRDO Highlight Technical Strength
The semiconductor industry is eyeing a potential new upward leg as technical analysis shows key ETFs and个股 forming consolidation patterns suggesting building momentum. The VanEck Semiconductor ETF closed above 400 on four consecutive Fridays with weekly收盘 gaps under 1%, indicating a potential trend setup. AVGO, ARM, and Credo Technology Group (CRDO) lead the pack: AVGO posted a bullish hammer near its 200-day均线 and a key 335 support level, with a potential 359.59 resistance that represents about 20% upside from 400. ARM reversed a three-month downtrend with a bullish engulfing pattern after a 17% weekly gain and could test 144.35 support before aiming for 170 at about a 44% target. CRDO formed a bullish morning star above 100 and could target 164.90, with a 58% upside to 175 if breached. The S&P 11-sector Technology板块 remains the weakest for 2026, down 2% YTD despite a 4% gain in the preceding week. Analysts caution that this rally could be either the start of a reversal or a short-lived "last-minute" move, pending confirmation from economic data and capital flows, particularly toward AI and data center themes.