NYSE:TXT • US8832031012
Taking everything into account, TXT scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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.
78.63
4 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
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 TXT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TXT is down. |
| ChartMill Relative Strength | 78.05 | POSITIVE | TXT has a high relative strength, it outperformed 78.05% off all stocks 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) | UP | MIXED | The current price of TXT is below the rising 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) | 39.12 | NEUTRAL | The RSI value for TXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.07 | NEGATIVE | The MACD value suggests TXT has a negative trend. |
| Stochastics (14,3) | 13.26 | OVERSOLD | The low Stochastics value suggests TXT may be oversold. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for TXT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.6 | NEUTRAL | The ADX value for TXT suggests a possible start of a new trend. |
91.05
-0.47 (-0.51%)
ChartMill assigns a technical rating of 6 / 10 to TXT.
The current trend direction for TEXTRON INC (TXT) is Bullish.
TEXTRON INC (TXT) has an RSI value of 39.1181. This indicates that the stock is currently neutral.
The short term momentum for TEXTRON INC (TXT) is negative.
TEXTRON INC (TXT) has a support level at 91.34 and a resistance level at 91.63. Check the full technical report for our detailed analysis of TXT support and resistance levels.