TEXTRON INC (TXT) Technical Analysis
NYSE:TXT • US8832031012
Current stock price
87.96 USD
-2.41 (-2.67%)
At close:
87.2667 USD
-0.69 (-0.79%)
After Hours:
TXT Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to TXT. TXT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- TXT has an average volume of 1441440 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, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, TXT outperforms 58% of them, which is more or less in line with the market.
- TXT is an average performer in the Aerospace & Defense industry, it outperforms 54% of 80 stocks in the same industry.
- 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.
- In the last month TXT has a been trading in the 85.61 - 93.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TXT Weekly and Daily overview Charts
TXT Setup Rating and Analysis
TXT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 87.47, a Stop Loss order could be placed below this zone.
More info and screens
TXT Support and Resistance Analysis
78.73
101.78
We found 3 important support areas.
- A support zone ranging from 85.95 to 87.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @84.39 from a trend line in the daily time frame.
- Support @79.53 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 89.83 to 90.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 100.77 to 100.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
TXT 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 TXT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TXT is down. |
| ChartMill Relative Strength | 58.56 | NEUTRAL | TXT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TXT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TXT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TXT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.87 | NEUTRAL | The RSI value for TXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests TXT has a negative trend. |
| Stochastics (14,3) | 36.29 | NEUTRAL | The Stochastics value for TXT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for TXT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.8 | NEGATIVE | The low ADX value for TXT suggests a weak or negative trend. |
TXT Chart- and CandleStick Pattern Analysis
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)
TXT Technicals: Chart, Performance Metrics, Trend & Indicators
87.96
-2.41 (-2.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-2.67%
1 Week-3.98%
2 Weeks-3.75%
1 Month-1.05%
3 Month-7.41%
6 Month8.3%
12 Month28.56%
2 Year3.98%
3 Year31.4%
5 Year36.92%
10 Year127.4%
15 Year237.01%
Volatility
ATR(14)2.11
ATR(20)%2.42%
ATR Inc31.82%
Range Today3.05
ADR(20)1.94
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.56
3 months CRS27.56
6 months CRS71.13
Mansfield-0.47
10 Day High93.33
10 Day Low86.77
20 Day High93.33
20 Day Low85.61
52 Week High101.57
52 Week Low68.64
CS1 End87.47
CR1 Start89.83
Volume & EV
DER(3)1.39%
DER(5)0.45%
Volume1.22M
Volume Incr-6.87%
Vol(5)1.21M
Vol(50)1.44M
TEXTRON INC / TXT TA FAQ
Can you provide the ChartMill technical rating for TEXTRON INC?
ChartMill assigns a technical rating of 1 / 10 to TXT.
What is the current trend direction of TEXTRON INC (TXT) stock?
The current trend direction for TEXTRON INC (TXT) is Bearish.
What is the RSI signal for TXT stock?
TEXTRON INC (TXT) has an RSI value of 40.8702. This indicates that the stock is currently neutral.
What is the MACD signal for TXT stock?
The MACD indicator for TEXTRON INC (TXT) has a value of -0.0256679, indicating a bearish trend.