TEXTRON INC (TXT) Stock Technical Analysis
NYSE:TXT - New York Stock Exchange, Inc. - US8832031012 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to TXT. In the past year, TXT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
65% of all other stocks performed better in the past year than TXT.
TXT is one of the lesser performing stocks in the Aerospace & Defense industry. 74% of 64 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
TXT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
TXT has an average volume of 1621390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TXT 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 TXT is lagging the market slightly.
TXT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 76.22. Right above this resistance zone may be a good entry point.
More info and screens
68.80
83.57
When analyzing the support we can see 2 important areas.
- A support zone ranging from 72.09 to 72.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @69.49 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 76.22 to 76.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @82.74 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.46
Mansfield-0.96
10 Day High77.57
10 Day Low69.6
20 Day High77.57
20 Day Low64.05
52 Week High94.57
52 Week Low57.7
Performance
1 Week-0.61%
2 Weeks9.44%
1 Month16.2%
3 Month5.13%
6 Month-10.93%
12 Month-14.19%
2 Year22.92%
3 Year16.48%
5 Year145.56%
10 Year68.18%
15 Year267.93%
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)0.59
RSI(14)64.64
LBB67.91
UBB79.18
76.05
-0.37 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.48%
1 Week-0.61%
2 Weeks9.44%
1 Month16.2%
3 Month5.13%
6 Month-10.93%
12 Month-14.19%
2 Year22.92%
3 Year16.48%
5 Year145.56%
10 Year68.18%
15 Year267.93%
Volatility
ATR(14)1.65
ATR(20)%2.37%
ATR Inc-39.18%
Range Today1.03
ADR(20)1.64
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.46
Mansfield-0.96
10 Day High77.57
10 Day Low69.6
20 Day High77.57
20 Day Low64.05
52 Week High94.57
52 Week Low57.7
CS1 End72.69
CR1 Start76.22
Volume & EV
DER(3)2.54%
DER(5)-0.66%
Volume1.27M
Volume Incr-29.48%
Vol(5)1.15M
Vol(50)1.62M