TEXAS INSTRUMENTS INC. - Daily - Technical analysis published on 06/19/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 108.78 USD
My targets
112.93 USD (+1.70%)
118.32 USD (+6.56%)
My analysis
A bullish trend on TEXAS INSTRUMENTS INC. both in substance and in the short term. A purchase could be considered as long as the price remains above 108.78 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 112.93 USD. Then the price could move towards 118.32 USD. Be careful, a return below 108.78 USD would be a sign of the trend weakening and a possible correction 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 could be riskier.
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. rating is 111.04 USD. On the day, this instrument gained +4.05% and was between 107.58 USD and 111.57 USD. This implies that the price is at +3.22% from its lowest and at -0.48% from its highest.107.58
111.57
111.04
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:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of TEXAS INSTRUMENTS INC. in Daily shows an overall bullish trend. The signals given by moving averages are 67.86% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : Daily
The probability of a further increase are moderate given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 101.17 | 104.78 | 108.78 | 111.04 | 112.93 | 118.32 |
| Change (%) | -8.89% | -5.64% | -2.04% | - | +1.70% | +6.56% |
| Change | -9.87 | -6.26 | -2.26 | - | +1.89 | +7.28 |
| Level | Intermediate | Major | Minor | - | 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 | 104.72 | 105.64 | 106.18 | 107.09 | 107.63 | 108.55 | 109.09 |
| Camarilla | 106.32 | 106.45 | 106.59 | 106.72 | 106.85 | 106.99 | 107.12 |
| Woodie | 104.54 | 105.54 | 105.99 | 107.00 | 107.45 | 108.45 | 108.90 |
| Fibonacci | 105.64 | 106.19 | 106.54 | 107.09 | 107.65 | 107.99 | 108.55 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 97.09 | 101.94 | 104.63 | 109.48 | 112.17 | 117.02 | 119.71 |
| Camarilla | 105.24 | 105.93 | 106.62 | 107.31 | 108.00 | 108.69 | 109.38 |
| Woodie | 96.00 | 101.40 | 103.54 | 108.94 | 111.08 | 116.48 | 118.62 |
| Fibonacci | 101.94 | 104.82 | 106.60 | 109.48 | 112.36 | 114.14 | 117.02 |
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): | 53.77 | |
| MACD (12,26,9): | -0.0700 | |
| Directional Movement: | 3.38 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 108.90 | |
| Parabolic SAR (0,02-0,02-0,2): | 113.88 | |
| Elder Ray (13): | 0.29 | |
| Super Trend (3,10): | 105.44 | |
| Zig ZAG (10): | 111.04 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 51.12 | |
| TEMA (21): | 109.48 | |
| Williams %R (14): | -31.91 | |
| Chande Momentum Oscillator (20): | 6.73 | |
| Repulse (5,40,3): | 2.2000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0700 | |
| Courbe Coppock: | 9.20 |
| MA7: | 110.31 | |
| MA20: | 107.95 | |
| MA50: | 111.63 | |
| MA100: | 109.20 | |
| MAexp7: | 109.53 | |
| MAexp20: | 109.26 | |
| MAexp50: | 109.61 | |
| MAexp100: | 108.43 | |
| Price / MA7: | +0.66% | |
| Price / MA20: | +2.86% | |
| Price / MA50: | -0.53% | |
| Price / MA100: | +1.68% | |
| Price / MAexp7: | +1.38% | |
| Price / MAexp20: | +1.63% | |
| Price / MAexp50: | +1.30% | |
| Price / MAexp100: | +2.41% |
News
The latest news and videos published on TEXAS INSTRUMENTS INC. at the time of the analysis were as follows:
- Enhanced connectivity and increased control performance on TI's new C2000™ microcontrollers enable system-level flexibility
- TI introduces the first system basis chip with integrated CAN FD controller and transceiver
- TI Chief Financial Officer Rafael Lizardi to speak at Stifel investor conference
- Texas Instruments honors math heroes in new, nationwide contest, "Spread the Math Love"
- TI Vice President Dave Pahl to speak at Bank of America Merrill Lynch investor conference
This member declared not having a position on this financial instrument or a related financial instrument.
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