Taking everything into account, TXN scores 1 out of 10 in our technical rating. TXN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, TXN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 165.36. Right above this resistance zone may be a good entry point.
More info and screens
151.98
When analyzing the support we notice one important area.
- Support @153.52 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 165.36 to 166.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @175.17 from a trend line in the daily time frame.
- Resistance @184.55 from a horizontal line in the daily time frame.
- 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 | DOWN | NEGATIVE | The long term trend for TXN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TXN is neutral. |
| ChartMill Relative Strength | 17.57 | NEGATIVE | TXN has a low relative strength, it was outperformed by 82.43% 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) | 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) | 52.61 | NEUTRAL | The RSI value for TXN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.26 | POSITIVE | The MACD value suggests TXN has a positive trend. |
| Stochastics (14,3) | 75.17 | NEUTRAL | The Stochastics value for TXN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for TXN suggests some volalility. |
| Average Directional Index/ADX (14) | 35.28 | POSITIVE | The high ADX value value for TXN suggests a strong trend. |
165.35
+3.58 (+2.21%)
TEXAS INSTRUMENTS INC / TXN FAQ
What is the ChartMill technical rating of TEXAS INSTRUMENTS INC (TXN) stock?
ChartMill assigns a technical rating of 1 / 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 52.6145. 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 1.25576, indicating a bullish trend.
Can you provide the short term momentum for TEXAS INSTRUMENTS INC?
The short term momentum for TEXAS INSTRUMENTS INC (TXN) is neutral.