TXN Technical Analysis - TEXAS INSTRUMENTS INC

Technical Rating and Analysis

Overall TXN gets a technical rating of 0 out of 10. TXN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

84% of all other stocks performed better in the past year than TXN.

TXN is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry, of which 78% are performing better than TXN.

TXN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

TXN has an average volume of 7448850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

TEXAS INSTRUMENTS INC / TXN Weekly stock chart

TEXAS INSTRUMENTS INC / TXN Daily stock chart

Setup Rating and Analysis

TXN has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

174.54

222.49

When analyzing the support we notice one important area.

A support zone ranging from 176.30 to 180.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 3 important resistance areas.

A resistance zone ranging from 190.23 to 193.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 206.07 to 206.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @220.29 from a horizontal line in the weekly time frame.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The long term trend for TXN is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for TXN is down.
ChartMill Relative Strength	16.21	NEGATIVE	TXN has a low relative strength, it was outperformed by 83.79% off all stocks 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)	45.67	NEUTRAL	The RSI value for TXN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.41	POSITIVE	The MACD value suggests TXN has a positive trend.
Stochastics (14,3)	67.85	NEUTRAL	The Stochastics value for TXN is a neutral value.
Average True Range in percent/ATR (20)	2.55	MEDIUM VOLATILITY	The ATR as a percentage value for TXN suggests some volalility.
Average Directional Index/ADX (14)	27.9	POSITIVE	The high ADX value value for TXN suggests a strong trend.