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 07/06/2023 (GMT)

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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

50%

11%

39%

My opinion

Bullish above 167.79 USD

My targets

184.59 USD (+4.57%)

191.69 USD (+8.59%)

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 167.79 USD. The next resistance located at 184.59 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 191.69 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

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 Aatrayu. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

TEXAS INSTRUMENTS INC. rating 176.53 USD. The price registered a decrease of -1.80% on the session and was between 176.45 USD and 178.85 USD. This implies that the price is at +0.05% from its lowest and at -1.30% from its highest.

176.45

178.85

176.53

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

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 (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of TEXAS INSTRUMENTS INC. indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a slightly bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	144.24	161.07	167.79	176.53	177.95	184.59	191.69
Change (%)	-18.29%	-8.76%	-4.95%	-	+0.80%	+4.57%	+8.59%
Change	-32.29	-15.46	-8.74	-	+1.42	+8.06	+15.16
Level	Major	Minor	Major	-	Major	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	173.30	174.88	175.70	177.28	178.10	179.68	180.50
Camarilla	175.87	176.09	176.31	176.53	176.75	176.97	177.19
Woodie	172.93	174.69	175.33	177.09	177.73	179.49	180.13
Fibonacci	174.88	175.79	176.36	177.28	178.19	178.76	179.68

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	159.33	163.67	171.85	176.19	184.37	188.71	196.89
Camarilla	176.58	177.73	178.87	180.02	181.17	182.32	183.46
Woodie	161.24	164.63	173.76	177.15	186.28	189.67	198.80
Fibonacci	163.67	168.46	171.41	176.19	180.98	183.93	188.71

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	157.96	162.58	171.30	175.92	184.64	189.26	197.98
Camarilla	176.35	177.57	178.80	180.02	181.24	182.47	183.69
Woodie	160.01	163.61	173.35	176.95	186.69	190.29	200.03
Fibonacci	162.58	167.68	170.82	175.92	181.02	184.16	189.26

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	54.18
MACD (12,26,9):	1.6000
Directional Movement:	5.44
AROON (14):	42.86
DEMA (21):	176.55
Parabolic SAR (0,02-0,02-0,2):	168.72
Elder Ray (13):	2.19
Super Trend (3,10):	168.06
Zig ZAG (10):	176.53
VORTEX (21):	0.9300
Stochastique (14,3,5):	84.15
TEMA (21):	177.48
Williams %R (14):	-33.36
Chande Momentum Oscillator (20):	-1.56
Repulse (5,40,3):	-0.4400
ROCnROLL:	1
TRIX (15,9):	0.1100
Courbe Coppock:	2.15

MA7:	176.16
MA20:	174.34
MA50:	170.25
MA100:	172.73
MAexp7:	176.60
MAexp20:	174.58
MAexp50:	172.92
MAexp100:	172.09
Price / MA7:	+0.21%
Price / MA20:	+1.26%
Price / MA50:	+3.69%
Price / MA100:	+2.20%
Price / MAexp7:	-0.04%
Price / MAexp20:	+1.12%
Price / MAexp50:	+2.09%
Price / MAexp100:	+2.58%

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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