Taking everything into account, TXN scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. TXN was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, TXN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 177.01, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
151.79
3 important support areas can be observed.
- A support zone ranging from 174.82 to 177.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 159.32 to 161.60. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 153.32 to 154.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 177.24 to 184.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @220.29 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for TXN is up. |
| ChartMill Relative Strength | 27.39 | NEGATIVE | TXN has a low relative strength, it was outperformed by 72.61% 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) | DOWN | NEGATIVE | The current price of TXN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.39 | NEUTRAL | The RSI value for TXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests TXN has a negative trend. |
| Stochastics (14,3) | 42.13 | NEUTRAL | The Stochastics value for TXN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for TXN suggests some volalility. |
| Average Directional Index/ADX (14) | 20.21 | NEUTRAL | The ADX value for TXN suggests a possible start of a new trend. |
177.13
+0.05 (+0.03%)
TEXAS INSTRUMENTS INC / TXN FAQ
What is the ChartMill technical rating of TEXAS INSTRUMENTS INC (TXN) stock?
ChartMill assigns a technical rating of 4 / 10 to TXN.
Can you provide the trend direction for TEXAS INSTRUMENTS INC?
The current trend direction for TEXAS INSTRUMENTS INC (TXN) is Bearish.
What is the RSI signal for TEXAS INSTRUMENTS INC (TXN) stock?
TEXAS INSTRUMENTS INC (TXN) has an RSI value of 55.3914. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TEXAS INSTRUMENTS INC?
The MACD indicator for TEXAS INSTRUMENTS INC (TXN) has a value of -0.338506, indicating a bearish trend.
Can you provide the short term momentum for TEXAS INSTRUMENTS INC?
The short term momentum for TEXAS INSTRUMENTS INC (TXN) is positive.