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. - 1H - Technical analysis published on 07/05/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 196.79 USD

My targets

201.29 USD (+1.29%)

202.54 USD (+1.92%)

My analysis

TEXAS INSTRUMENTS INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 196.79 USD. The next resistance located at 201.29 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 202.54 USD. After this resistance, buyers could then target 206.00 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.9

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

The TEXAS INSTRUMENTS INC. price is 198.73 USD. The price is lower by -0.08% since the last closing with the lowest point at 197.24 USD and the highest point at 200.15 USD. The deviation from the price is +0.76% for the low point and -0.71% for the high point.

197.24

200.15

198.73

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

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near support of channel

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	193.11	194.95	196.79	198.73	199.05	201.29	202.54
Change (%)	-2.83%	-1.90%	-0.98%	-	+0.16%	+1.29%	+1.92%
Change	-5.62	-3.78	-1.94	-	+0.32	+2.56	+3.81
Level	Major	Minor	Intermediate	-	Minor	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):	62.38
MACD (12,26,9):	1.0000
Directional Movement:	18.86
AROON (14):	35.71
DEMA (21):	199.09
Parabolic SAR (0,02-0,02-0,2):	197.98
Elder Ray (13):	0.55
Super Trend (3,10):	195.77
Zig ZAG (10):	198.79
VORTEX (21):	1.2200
Stochastique (14,3,5):	71.69
TEMA (21):	199.41
Williams %R (14):	-36.54
Chande Momentum Oscillator (20):	0.22
Repulse (5,40,3):	-0.1600
ROCnROLL:	1
TRIX (15,9):	0.0800
Courbe Coppock:	1.95

MA7:	195.94
MA20:	195.79
MA50:	191.36
MA100:	179.07
MAexp7:	198.66
MAexp20:	197.79
MAexp50:	196.42
MAexp100:	195.80
Price / MA7:	+1.42%
Price / MA20:	+1.50%
Price / MA50:	+3.85%
Price / MA100:	+10.98%
Price / MAexp7:	+0.04%
Price / MAexp20:	+0.48%
Price / MAexp50:	+1.18%
Price / MAexp100:	+1.50%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on TEXAS INSTRUMENTS INC. at the time of the analysis were as follows:

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

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