TEXAS INSTRUMENTS INC. - Daily - Technical analysis published on 02/28/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 176.60 USD
My targets
162.11 USD (-3.98%)
147.52 USD (-12.62%)
My analysis
The bearish trend is currently very strong for TEXAS INSTRUMENTS INC.. As long as the price remains below the resistance at 176.60 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 162.11 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 147.52 USD as an objective. Crossing it would then enable sellers to target 134.43 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
5
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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. rating is 168.83 USD. The price is lower by -1.17% since the last closing and was traded between 167.87 USD and 170.54 USD over the period. The price is currently at +0.57% from its lowest and -1.00% from its highest.167.87
170.54
168.83
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of TEXAS INSTRUMENTS INC. indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is slight given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 134.43 | 162.11 | 168.24 | 168.83 | 176.60 | 183.84 | 187.03 |
| Change (%) | -20.38% | -3.98% | -0.35% | - | +4.60% | +8.89% | +10.78% |
| Change | -34.40 | -6.72 | -0.59 | - | +7.77 | +15.01 | +18.20 |
| Level | Intermediate | Major | Minor | - | Intermediate | Intermediate | 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 | 164.49 | 165.81 | 168.32 | 169.64 | 172.15 | 173.47 | 175.98 |
| Camarilla | 169.77 | 170.12 | 170.47 | 170.82 | 171.17 | 171.52 | 171.87 |
| Woodie | 165.08 | 166.11 | 168.91 | 169.94 | 172.74 | 173.77 | 176.57 |
| Fibonacci | 165.81 | 167.28 | 168.18 | 169.64 | 171.11 | 172.01 | 173.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 154.34 | 157.77 | 164.29 | 167.72 | 174.24 | 177.67 | 184.19 |
| Camarilla | 168.08 | 169.00 | 169.91 | 170.82 | 171.73 | 172.64 | 173.56 |
| Woodie | 155.90 | 158.54 | 165.85 | 168.49 | 175.80 | 178.44 | 185.75 |
| Fibonacci | 157.77 | 161.57 | 163.92 | 167.72 | 171.52 | 173.87 | 177.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 147.52 | 158.46 | 168.97 | 179.91 | 190.42 | 201.36 | 211.87 |
| Camarilla | 173.59 | 175.56 | 177.52 | 179.49 | 181.46 | 183.42 | 185.39 |
| Woodie | 147.32 | 158.35 | 168.77 | 179.80 | 190.22 | 201.25 | 211.67 |
| Fibonacci | 158.46 | 166.65 | 171.71 | 179.91 | 188.10 | 193.16 | 201.36 |
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): | 47.12 | |
| MACD (12,26,9): | -2.9800 | |
| Directional Movement: | -7.16 | |
| AROON (14): | -21.42 | |
| DEMA (21): | 166.36 | |
| Parabolic SAR (0,02-0,02-0,2): | 174.97 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 181.82 | |
| Zig ZAG (10): | 169.99 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 56.19 | |
| TEMA (21): | 166.51 | |
| Williams %R (14): | -44.86 | |
| Chande Momentum Oscillator (20): | -6.79 | |
| Repulse (5,40,3): | 3.8100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.3100 | |
| Courbe Coppock: | 8.27 |
| MA7: | 167.70 | |
| MA20: | 171.06 | |
| MA50: | 178.18 | |
| MA100: | 184.63 | |
| MAexp7: | 168.67 | |
| MAexp20: | 170.72 | |
| MAexp50: | 176.54 | |
| MAexp100: | 181.04 | |
| Price / MA7: | +0.67% | |
| Price / MA20: | -1.30% | |
| Price / MA50: | -5.25% | |
| Price / MA100: | -8.56% | |
| Price / MAexp7: | +0.08% | |
| Price / MAexp20: | -1.12% | |
| Price / MAexp50: | -4.38% | |
| Price / MAexp100: | -6.76% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on TEXAS INSTRUMENTS INC. at the time of the analysis were as follows:
- TI to webcast capital management review
- Thinking about trading options or stock in Draftkings, Texas Instruments, Logitech, Trade Desk, or ON Semiconductor?
- TI reports Q4 2021 and 2021 financial results and shareholder returns
- Texas Instruments board declares first quarter 2022 quarterly dividend
- TI buffer amplifier increases signal bandwidth tenfold in data-acquisition systems
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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