TXNM ENERGY INC (TXNM) Technical Analysis
NYSE:TXNM • US69349H1077
Current stock price
TXNM Technical Rating and Analysis
Overall TXNM gets a technical rating of 2 out of 10. TXNM has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- TXNM is part of the Electric Utilities industry. There are 46 other stocks in this industry, of which 66% are performing better than TXNM.
- TXNM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TXNM is performing more or less in line with the market.
- TXNM has an average volume of 1140210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When compared to the yearly performance of all other stocks, TXNM outperforms 55% of them, which is more or less in line with the market.
- In the last month TXNM has a been trading in a tight range between 58.16 and 59.48.
TXNM Weekly and Daily overview Charts
TXNM Setup Rating and Analysis
The technical rating of TXNM is bad and it also does not present a 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.
More info and screens
TXNM Support and Resistance Analysis
55.70
When analyzing the support we can see 2 important areas.
- A support zone ranging from 58.24 to 58.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 56.26 to 56.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 58.68 to 59.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
TXNM 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 | UP | POSITIVE | The long term trend for TXNM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TXNM is down. |
| ChartMill Relative Strength | 55.2 | NEUTRAL | TXNM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TXNM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TXNM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TXNM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.03 | NEUTRAL | The RSI value for TXNM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests TXNM has a negative trend. |
| Stochastics (14,3) | 11 | OVERSOLD | The low Stochastics value suggests TXNM may be oversold. |
| Average True Range in percent/ATR (20) | 0.6 | LOW VOLATILITY | The low ATR as a percentage value for TXNM suggests low volalility. |
| Average Directional Index/ADX (14) | 26.46 | POSITIVE | The high ADX value value for TXNM suggests a strong trend. |
TXNM Chart- and CandleStick Pattern Analysis
TXNM Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:TXNM (3/19/2026, 9:46:05 AM)
58.29
+0.04 (+0.07%)
TXNM ENERGY INC / TXNM TA FAQ
What is the technical rating for TXNM stock?
ChartMill assigns a technical rating of 2 / 10 to TXNM.
What is the current trend direction of TXNM ENERGY INC (TXNM) stock?
The current trend direction for TXNM ENERGY INC (TXNM) is Bullish.
What is the RSI signal for TXNM ENERGY INC (TXNM) stock?
TXNM ENERGY INC (TXNM) has an RSI value of 35.0281. This indicates that the stock is currently neutral.
What is the short term momentum for TXNM stock?
The short term momentum for TXNM ENERGY INC (TXNM) is negative.
Can you provide the support and resistance levels for TXNM ENERGY INC?
TXNM ENERGY INC (TXNM) has a support level at 58.24 and a resistance level at 58.68. Check the full technical report for our detailed analysis of TXNM support and resistance levels.