TEXTURA CORP (TXTR) Stock Technical Analysis
NYSE:TXTR - New York Stock Exchange, Inc. - US8832111046
Taking everything into account, TXTR scores 7 out of 10 in our technical rating. Although TXTR 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!
TXTR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TXTR is lagging the market slightly.
TXTR 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Looking at the yearly performance, TXTR did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month TXTR has a been trading in a tight range between 25.95 and 26.23.
TXTR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 25.98, a Stop Loss order could be placed below this zone.
More info and screens
22.84
29.10
We found 2 important support areas.
- A support zone ranging from 25.81 to 25.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.07 to 23.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 26.00 to 26.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.81 from a trend line in the weekly time frame.
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 TXTR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TXTR is up. |
| ChartMill Relative Strength | 77.59 | POSITIVE | TXTR has a high relative strength, it outperformed 77.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TXTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TXTR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TXTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.85 | OVERBOUGHT | The high RSI value suggests TXTR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests TXTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.78 | NEUTRAL | The Stochastics value for TXTR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.33 | LOW VOLATILITY | The low ATR as a percentage value for TXTR suggests low volalility. |
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)
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 |
|---|---|---|---|
| 26.01 | 25.94 | 0.07 (0.28%) | 25.00% |
| An entry @26.01. This is a Buy Stop order right above the 10 day moving average. | An exit @25.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 0.28%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.07%. |
- The distance between exit and entry is rather small compared to the average daily movement of TXTR. Please evaluate whether better entry and exit points can be found.
- 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.
25.99
-0.01 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.04%
1 Week0%
2 Weeks-0.04%
1 Month-0.08%
3 Month42.26%
6 Month20.49%
12 Month-12.17%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.33%
ATR Inc-18.33%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.59
Mansfield0.65
10 Day High26.1
10 Day Low25.95
20 Day High26.23
20 Day Low25.95
52 Week High30.89
52 Week Low13.13
CS1 End25.98
CR1 Start26
Volume & EV
DER(3)-1.53%
DER(5)-0.82%
Volume329.40K
Volume Incr-63.14%
Vol(5)316.50K
Vol(50)800.17K