TEXAS INSTRUMENTS INC. - Daily - Technical analysis published on 08/19/2021 (GMT)
- 236
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 193.07 USD
My targets
172.30 USD (-6.85%)
166.68 USD (-9.89%)
My analysis
There is a bearish trend on TEXAS INSTRUMENTS INC. both at the basic level and in the short term. A sale could be considered, so long as the price remains below 193.07 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 172.30 USD. Then the price could move towards 166.68 USD. Then 162.11 USD by extension. Be careful, a return to above the resistance 193.07 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.8
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The TEXAS INSTRUMENTS INC. price is 184.98 USD. The price registered an increase of +0.64% on the session with the lowest point at 181.96 USD and the highest point at 185.01 USD. The deviation from the price is +1.66% for the low point and -0.02% for the high point.181.96
185.01
184.98
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of TEXAS INSTRUMENTS INC. in Daily shows an overall bearish trend. The signals given by moving averages are at 71.43% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : Daily
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : Daily
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : Daily
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : Daily
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
Support of triangle is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 166.68 | 172.30 | 183.07 | 184.98 | 193.07 | 196.93 |
| Change (%) | -9.89% | -6.85% | -1.03% | - | +4.37% | +6.46% |
| Change | -18.30 | -12.68 | -1.91 | - | +8.09 | +11.95 |
| Level | Minor | Minor | Major | - | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 179.72 | 181.64 | 182.72 | 184.64 | 185.72 | 187.64 | 188.72 |
| Camarilla | 182.98 | 183.25 | 183.53 | 183.80 | 184.08 | 184.35 | 184.63 |
| Woodie | 179.30 | 181.43 | 182.30 | 184.43 | 185.30 | 187.43 | 188.30 |
| Fibonacci | 181.64 | 182.79 | 183.49 | 184.64 | 185.79 | 186.49 | 187.64 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 178.03 | 182.09 | 185.40 | 189.46 | 192.77 | 196.83 | 200.14 |
| Camarilla | 186.67 | 187.35 | 188.02 | 188.70 | 189.38 | 190.05 | 190.73 |
| Woodie | 177.65 | 181.90 | 185.02 | 189.27 | 192.39 | 196.64 | 199.76 |
| Fibonacci | 182.09 | 184.91 | 186.65 | 189.46 | 192.28 | 194.02 | 196.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 171.69 | 176.93 | 183.77 | 189.01 | 195.85 | 201.09 | 207.93 |
| Camarilla | 187.30 | 188.41 | 189.51 | 190.62 | 191.73 | 192.84 | 193.94 |
| Woodie | 172.50 | 177.33 | 184.58 | 189.41 | 196.66 | 201.49 | 208.74 |
| Fibonacci | 176.93 | 181.54 | 184.39 | 189.01 | 193.62 | 196.47 | 201.09 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.76 | |
| MACD (12,26,9): | -0.7500 | |
| Directional Movement: | -16.66 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 187.75 | |
| Parabolic SAR (0,02-0,02-0,2): | 193.32 | |
| Elder Ray (13): | -4.46 | |
| Super Trend (3,10): | 183.43 | |
| Zig ZAG (10): | 184.96 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 13.70 | |
| TEMA (21): | 186.74 | |
| Williams %R (14): | -75.81 | |
| Chande Momentum Oscillator (20): | -4.49 | |
| Repulse (5,40,3): | 0.5300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.70 |
| MA7: | 187.17 | |
| MA20: | 188.83 | |
| MA50: | 188.94 | |
| MA100: | 188.04 | |
| MAexp7: | 186.69 | |
| MAexp20: | 188.38 | |
| MAexp50: | 188.29 | |
| MAexp100: | 185.51 | |
| Price / MA7: | -1.17% | |
| Price / MA20: | -2.04% | |
| Price / MA50: | -2.10% | |
| Price / MA100: | -1.63% | |
| Price / MAexp7: | -0.92% | |
| Price / MAexp20: | -1.80% | |
| Price / MAexp50: | -1.76% | |
| Price / MAexp100: | -0.29% |
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:
- Texas Instruments new TI-84 Plus CE Python graphing calculator introduces students to programming
- Thinking about trading options or stock in Carnival Corp, AstraZeneca, Moderna, Las Vegas Sands, or Texas Instruments?
- TI reports second quarter 2021 financial results and shareholder returns
- Texas Instruments board declares third quarter 2021 quarterly dividend
- New MCU portfolio redefines microcontroller performance, enabling 10 times higher processing capability than existing devices
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis TEXAS INSTRUMENTS INC. - Daily