TEXAS INSTRUMENTS INC (TXN) Technical Analysis
NASDAQ:TXN • US8825081040
Current stock price
TXN Technical Rating and Analysis
We assign a technical rating of 5 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 one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 64% of 115 stocks in the same industry do better.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month TXN has a been trading in the 184.90 - 201.43 range, which is quite wide. It is currently trading near the high of this range.
- TXN has an average volume of 7678270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Looking at the yearly performance, TXN did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- TXN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TXN is lagging the market slightly.
TXN Weekly and Daily overview Charts
TXN Setup Rating and Analysis
Although the technical rating is only medium, TXN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 196.56, a Stop Loss order could be placed below this zone.
More info and screens
TXN Support and Resistance Analysis
165.61
We found 3 important support areas.
- A support zone ranging from 191.83 to 196.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 186.41 to 188.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @167.28 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 220.29 to 221.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 226.17 to 226.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
TXN 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 | NEUTRAL | NEUTRAL | The long term trend for TXN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TXN is neutral. |
| ChartMill Relative Strength | 77.27 | POSITIVE | TXN has a high relative strength, it outperformed 77.27% 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 | MIXED | The current price of TXN is below 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) | 53.41 | NEUTRAL | The RSI value for TXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.51 | POSITIVE | The MACD value suggests TXN has a positive trend. |
| Stochastics (14,3) | 88.59 | OVERBOUGHT | The high Stochastics value suggests TXN may be overbought. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for TXN suggests some volalility. |
| Average Directional Index/ADX (14) | 24.84 | NEUTRAL | The ADX value for TXN suggests a possible start of a new trend. |
TXN Chart- and CandleStick Pattern Analysis
TXN Technicals: Chart, Performance Metrics, Trend & Indicators
199.735
+0.32 (+0.16%)
TEXAS INSTRUMENTS INC / TXN TA FAQ
What is the ChartMill technical rating of TEXAS INSTRUMENTS INC (TXN) stock?
ChartMill assigns a technical rating of 5 / 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 Bearish.
Can you provide the RSI signal for TEXAS INSTRUMENTS INC?
TEXAS INSTRUMENTS INC (TXN) has an RSI value of 53.4089. This indicates that the stock is currently neutral.
What is the short term momentum for TXN stock?
The short term momentum for TEXAS INSTRUMENTS INC (TXN) is neutral.
What are the support and resistance levels for TEXAS INSTRUMENTS INC (TXN) stock?
TEXAS INSTRUMENTS INC (TXN) has a support level at 196.56 and a resistance level at 220.29. Check the full technical report for our detailed analysis of TXN support and resistance levels.