TEXAS INSTRUMENTS INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	TXN
ISIN:

TEXAS INSTRUMENTS INC. - Daily - Technical analysis published on 07/05/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

17%

My opinion

Bullish above 193.11 USD

My targets

202.54 USD (+1.96%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TEXAS INSTRUMENTS INC. as long as the price remains well above 193.11 USD. The buyers' bullish objective is set at 202.54 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.7

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

TEXAS INSTRUMENTS INC. rating 198.64 USD. The price registered a decrease of -0.12% on the session and was traded between 197.24 USD and 200.15 USD over the period. The price is currently at +0.71% from its lowest and -0.75% from its highest.

197.24

200.15

198.64

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of TEXAS INSTRUMENTS INC. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 12 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	172.42	180.03	193.11	198.64	202.54
Change (%)	-13.20%	-9.37%	-2.78%	-	+1.96%
Change	-26.22	-18.61	-5.53	-	+3.90
Level	Intermediate	Major	Major	-	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	193.31	194.70	196.79	198.18	200.27	201.66	203.75
Camarilla	197.92	198.24	198.56	198.88	199.20	199.52	199.84
Woodie	193.66	194.88	197.14	198.36	200.62	201.84	204.10
Fibonacci	194.70	196.03	196.85	198.18	199.51	200.33	201.66

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	185.50	188.65	191.59	194.74	197.68	200.83	203.77
Camarilla	192.86	193.41	193.97	194.53	195.09	195.65	196.21
Woodie	185.40	188.60	191.49	194.69	197.58	200.78	203.67
Fibonacci	188.65	190.98	192.41	194.74	197.07	198.50	200.83

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	180.80	186.25	190.39	195.84	199.98	205.43	209.57
Camarilla	191.89	192.77	193.65	194.53	195.41	196.29	197.17
Woodie	180.15	185.92	189.74	195.51	199.33	205.10	208.92
Fibonacci	186.25	189.91	192.18	195.84	199.50	201.77	205.43

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	60.73
MACD (12,26,9):	1.5100
Directional Movement:	16.92
AROON (14):	35.71
DEMA (21):	197.71
Parabolic SAR (0,02-0,02-0,2):	200.38
Elder Ray (13):	2.60
Super Trend (3,10):	190.70
Zig ZAG (10):	198.69
VORTEX (21):	1.0000
Stochastique (14,3,5):	81.25
TEMA (21):	196.27
Williams %R (14):	-16.65
Chande Momentum Oscillator (20):	3.86
Repulse (5,40,3):	1.3900
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	0.04

MA7:	195.96
MA20:	195.78
MA50:	191.36
MA100:	179.07
MAexp7:	196.88
MAexp20:	195.47
MAexp50:	190.30
MAexp100:	182.56
Price / MA7:	+1.37%
Price / MA20:	+1.46%
Price / MA50:	+3.80%
Price / MA100:	+10.93%
Price / MAexp7:	+0.89%
Price / MAexp20:	+1.62%
Price / MAexp50:	+4.38%
Price / MAexp100:	+8.81%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on TEXAS INSTRUMENTS INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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