We assign a technical rating of 6 out of 10 to TXN. In the past year, TXN was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
TXN has an average technical rating and it also does not offer a high quality setup 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.
153.32
When analyzing the support we can see 3 important areas.
2 important resistance areas can be observed.
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 | 51.35 | NEUTRAL | TXN is not amongst the best or worst performers 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) | 65.69 | NEUTRAL | The RSI value for TXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.11 | POSITIVE | The MACD value suggests TXN has a positive trend. |
| Stochastics (14,3) | 75.55 | NEUTRAL | The Stochastics value for TXN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for TXN suggests some volalility. |
| Average Directional Index/ADX (14) | 21.34 | NEUTRAL | The ADX value for TXN suggests a possible start of a new trend. |
190.31
+1.86 (+0.99%)
ChartMill assigns a technical rating of 6 / 10 to TXN.
The current trend direction for TEXAS INSTRUMENTS INC (TXN) is Bearish.
TEXAS INSTRUMENTS INC (TXN) has an RSI value of 65.6935. This indicates that the stock is currently neutral.
The MACD indicator for TEXAS INSTRUMENTS INC (TXN) has a value of 1.11289, indicating a bullish trend.