We assign a technical rating of 7 out of 10 to TXN. TXN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- TXN is part of the Semiconductors & Semiconductor Equipment industry. There are 113 other stocks in this industry, of which 63% are performing better than TXN.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month TXN has a been trading in the 173.44 - 196.64 range, which is quite wide. It is currently trading near the high of this range.
- TXN has an average volume of 6997860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that TXN is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- TXN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TXN is lagging the market.
Besides having an excellent technical rating, TXN also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 184.08, a Stop Loss order could be placed below this zone.
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153.85
4 important support areas can be observed.
- A support zone ranging from 181.52 to 184.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 173.48 to 176.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @163.11 from a trend line in the weekly time frame.
- Support @155.40 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 220.29 to 221.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for TXN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TXN is up. |
| ChartMill Relative Strength | 70.05 | POSITIVE | TXN has a high relative strength, it outperformed 70.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TXN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TXN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TXN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.18 | NEUTRAL | The RSI value for TXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests TXN has a positive trend. |
| Stochastics (14,3) | 79.4 | NEUTRAL | The Stochastics value for TXN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for TXN suggests some volalility. |
| Average Directional Index/ADX (14) | 31.07 | POSITIVE | The high ADX value value for TXN suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 196.65 | 182.54 | 14.11 (7.18%) | 13.94% |
| An entry @196.65. This is a Buy Stop order right above the 10 day high. | An exit @182.54. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 14.11 points, which is 7.18%. | When investing 13.94% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
194.41
+4.82 (+2.54%)
TEXAS INSTRUMENTS INC / TXN FAQ
What is the ChartMill technical rating of TEXAS INSTRUMENTS INC (TXN) stock?
ChartMill assigns a technical rating of 7 / 10 to TXN.
What is the current trend direction of TEXAS INSTRUMENTS INC (TXN) stock?
The current trend direction for TEXAS INSTRUMENTS INC (TXN) is Bullish.
What is the RSI signal for TEXAS INSTRUMENTS INC (TXN) stock?
TEXAS INSTRUMENTS INC (TXN) has an RSI value of 64.1762. This indicates that the stock is currently neutral.
What is the MACD signal for TEXAS INSTRUMENTS INC (TXN) stock?
The MACD indicator for TEXAS INSTRUMENTS INC (TXN) has a value of 0.549455, indicating a bearish trend.
What is the buy/sell signal for TXN stock?
The buy/sell signal for TEXAS INSTRUMENTS INC (TXN) is buy as both the short term and long term trends are positive.