TEXTRON INC (TXT)
US8832031012 - Common Stock
Taking everything into account, TXT scores 7 out of 10 in our technical rating. Although TXT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
In the last month TXT has a been trading in the 84.31 - 91.30 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, TXT turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
TXT is part of the Aerospace & Defense industry. There are 67 other stocks in this industry, TXT did better than 40% of them.
TXT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TXT is lagging the market.
TXT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 88.34, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
82.63
97.95
We found 2 important support areas.
- A support zone ranging from 87.37 to 88.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 83.46 to 85.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @91.06 from a trend line in the daily time frame.
- Resistance @94.02 from a horizontal line in the daily time frame.
- A resistance zone ranging from 96.25 to 96.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.51
Mansfield-0.83
10 Day High91.3
10 Day Low84.31
20 Day High91.3
20 Day Low84.31
52 Week High97.34
52 Week Low74.13
Performance
1 Week1.09%
2 Weeks4.21%
1 Month2.88%
3 Month-2.9%
6 Month3.33%
12 Month18.79%
2 Year30.61%
3 Year21.04%
5 Year93.95%
10 Year115.24%
15 Year402.76%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.4
RSI(14)57.01
LBB84.38
UBB90.61
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 91.07 | 87.36 | 3.71 (4.07%) | 24.55% |
| An entry @91.07. This is a Buy Stop order right above the resistance zone. | An exit @87.36. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.71 points, which is 4.07%. | For a 1.00% total portfolio risk, you can invest 24.55% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TEXTRON INC
NYSE:TXT (10/21/2024, 5:05:00 PM)
After market: 89.39 0 (0%)89.39
-0.66 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.73%
1 Week1.09%
2 Weeks4.21%
1 Month2.88%
3 Month-2.9%
6 Month3.33%
12 Month18.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.59
ATR(20)%1.8%
ATR Inc
Range Today2.25
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High91.3
10 Day Low84.31
20 Day High91.3
20 Day Low84.31
52 Week High97.34
52 Week Low74.13
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.11M
Volume Incr-1.24%
Vol(5)1.03M
Vol(50)890.06K