TLDRBroadcom stock trades near $326 as technical indicators point to continued selling pressure.MACD signals selling, while the CCI stands at -111.83, indicating oversold conditions.Broadcom expects quarterly AI semiconductor revenue of $21.7 billion despite recent share weakness.Analysts’ technical projections place the next trading range between $320.24 and $333.62.A break below $320.24 could increase downside pressure, while $328.69 remains immediate resistance.Broadcom (AVGO) stock remained under pressure near $326 this week despite agreements and AI chip sales guidance. Technical indicators point to continued weakness, with traders watching whether shares can hold support near $320 next week.Broadcom Inc., AVGOBroadcom Stock Faces Selling PressureThe daily moving average convergence divergence indicator, or MACD, shows a sell signal. The Commodity Channel Index, known as CCI, stands at -111.83, placing it in oversold territory. These readings reflect selling, not another decline.Bull/Bear Power also indicates weak buying demand, while the Relative Strength Index remains neutral. Weekly price volatility reached 3.75%. Together, the readings show mixed conditions, although the short-term technical picture still favors sellers.NTT DOCOMO Deal Expands Cloud BusinessBroadcom announced a 10-year agreement with Japanese telecom operator NTT DOCOMO to upgrade its private cloud systems. The partnership uses VMware Cloud Foundation to support security, reliability and faster service delivery. Financial terms were not disclosed.The agreement follows a recent report on Broadcom’s cloud partnership. The company has introduced Arcot Scam Defense, a fraud protection product. Neither announcement has yet reversed the weakness described.AI Chip Outlook Remains StrongBroadcom expects quarterly AI semiconductor sales of $21.7 billion, supported by long-term customer commitments. The figure represents management guidance, not completed sales. The company’s acquisition-related cash generation and debt reduction remain distinct from its share price.Earlier reporting examined Broadcom’s AI revenue and valuation concerns. Demand for custom processors continues, but large data center projects require funding and infrastructure. Those costs affect growth forecasts.Traders Watch $320 Support Next WeekThe technical outlook places the projected weekly trading range between $320.24 and $333.62. Immediate resistance sits at $328.69, while the Ichimoku Kijun reference stands higher at $354.74. These levels identify possible price barriers rather than guaranteed outcomes.The supplied model assigns a 77% probability to a decline and 23% to an increase. Its calculation method was not provided. A close below $320.24 would strengthen the bearish case, while a sustained move above $328.69 could weaken it.Recent coverage of the wider AI chip market offers context for Broadcom’s growth plans. However, the next confirmed price move will depend on trading activity rather than company forecasts alone.The post Broadcom (AVGO) Stock Faces Critical $320 Test Despite AI Deals appeared first on Blockonomi.