TEXAS INSTRUMENTS INC (TXN) Stock Technical Analysis
NASDAQ:TXN - Nasdaq - US8825081040 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to TXN. TXN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month TXN has a been trading in the 183.20 - 221.69 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
TXN has an average volume of 6712170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, TXN outperforms 43% of them, which is more or less in line with the market.
TXN is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 44% of 110 stocks in the same industry.
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.
The technical rating of TXN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
183.13
222.49
When analyzing the support we notice one important area.
- A support zone ranging from 184.98 to 184.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @220.29 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 TXN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TXN is down. |
| ChartMill Relative Strength | 43.66 | NEUTRAL | TXN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TXN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TXN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TXN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.54 | OVERSOLD | The low RSI value suggests TXN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.85 | NEGATIVE | The MACD value suggests TXN has a negative trend. |
| Stochastics (14,3) | 3.03 | OVERSOLD | The low Stochastics value suggests TXN may be oversold. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for TXN suggests some volalility. |
| Average Directional Index/ADX (14) | 36.05 | POSITIVE | The high ADX value value for TXN suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
184.99
-0.7 (-0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.38%
1 Week-14.6%
2 Weeks-16.39%
1 Month-10.33%
3 Month13.59%
6 Month-0.29%
12 Month-8.42%
2 Year2.77%
3 Year3.41%
5 Year45.03%
10 Year270.13%
15 Year649.25%
Volatility
ATR(14)5.7
ATR(20)%2.76%
ATR Inc-51.71%
Range Today2.68
ADR(20)3.95
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.66
Mansfield-1.2
10 Day High221.4
10 Day Low183.2
20 Day High221.69
20 Day Low183.2
52 Week High221.69
52 Week Low139.95
CS1 End184.98
CR1 Start220.29
Volume & EV
DER(3)-0.33%
DER(5)0.16%
Volume7.03M
Volume Incr134.61%
Vol(5)13.37M
Vol(50)6.71M