Texas Instruments Technical Analysis (NASDAQ:TXN)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The TXN stock chart pattern can give those who understand technical analysis an indication of which way TXN stock is headed, but cannot predict with 100% certainty as to what can happen to the Texas Instruments stock price.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Texas Instruments. The technical analysis form of Texas Instruments stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Texas Instruments Moving Average
Moving averages show the TXN stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $105.48 is below the price of $110.54.
Texas Instruments Bollinger Bands
Bollinger bands comprise of a center line usually TXN SMA, and two TXN stock price bands above and below it. The stock is considered overbought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. Currently the stock price of $110.54 is in the upper range of Texas Instruments bollinger bands.
Texas Instruments Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Texas Instruments MACD line is above the signal line.
Texas Instruments Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 77.13 is the RSI value of TXN stock.