TXN bears appear to be exhausted from consolidationNASDAQ:TXN has been consolidating below the bottom band of the quarterly VWAP for some time. Volume indicators show bears leaving and bulls entering, and on the 1hr chart we have some nice long bull candles. It seems the price is ready to make its way back toward the top of the quarterly VWAP. Longby Forrestersig0
Texas Instruments WCA - RectangleCompany: Texas Instruments Incorporated Ticker: TXN Exchange: NASDAQ Sector: Technology Introduction: Today, we turn our gaze towards Texas Instruments Incorporated (TXN), a distinguished player in the Technology sector listed on the NASDAQ. The weekly chart reveals a Rectangle pattern that has been in formation over the course of 490 days, indicating a possible bullish breakout. Rectangle Pattern: A Rectangle pattern typically denotes a period of market consolidation, before the price action resumes/reverses its prior direction. The pattern is characterized by price movements within a well-defined support and resistance range. Analysis: Previously, TXN was on a downward trend, which was halted by a consolidation phase, creating a Rectangle pattern over 490 days. This pattern, with its three touch points at the upper boundary and two at the lower, suggests a likely bullish breakout. At present, the price is above the 200 EMA, signaling a bullish market. If we observe a successful breakout above the upper horizontal resistance level of 186.31, it could provide a promising opportunity for a long position. In the event of a successful breakout, the price target would be situated at 226.52, representing a potential gain of about 21.60%. Please note, a minor resistance may be encountered at 200.97 en route to the price target. Conclusion: Texas Instruments' weekly chart displays an interesting setup with a bullish Rectangle pattern, hinting at a potential reversal of the previous downtrend. This setup could offer a beneficial long trading opportunity. As always, use this analysis in combination with your overall market research and risk management strategy, not as direct trading advice. If you found this analysis helpful, please consider liking, sharing, and following for more insights. Wishing you profitable trading! Best regards, Karim Subhieh Disclaimer: This analysis is not financial advice and is intended for educational purposes only. Always conduct your own research and consult with a financial advisor before making investment decisions.by KarimSubhieh3
RectangleThis is not a perfect rectangle but rarely is anything perfect as of late. There appears to be an M forming that has peak 2 higher than peak 1 which usually points to a Shark or a Cypher, but there is also the rectangle to think about as it has a resistance line and a support line. Several touches (blue stars) to the support line and each touch increases the support at this level. This looks like it will get close to the support line at least and a lot will depend on market sentiment. No recommendation/.786 would mark a cypher/.886 and 1.113 would mark a shark. Any pattern can fail.by lauralea1
TXN LongAlright, I'm comfortable with this now. RSI divergence, Stoch RSI super strong, Deltas flipping from bear to neutral This is still not confirmed, set a stop under 161/162 spot (or whatever your spot might be, 160 is the last low) Buy some time, probably a month worth of theta would be good enough, maybe less depending on your general market outlook. Probably 165 strk PT would be 168/169, take profit 1, ~172 id say at least be out half of your pos. Let's see!Longby taylorbrayUpdated 1
TXN LongOne of the more oversold chip stocks due to slowing forecast in recent ER. Forming a very solid base at weekly vwap support, RSI moving up and forming a divergence on 1hr, 2hr, and 4hr. PT would be around 171 mayyyybe 172 BUT, we would have to trade over the sellers vwap, earnings vwap, AND a higher high on daily RSI by the end of this week. Looking at the May2023 OPEX on May19 slightly OTM calls, see what tomorrow looks like. This is not confirmed yet! If you have a farther exp, I would say this is an opportunity to accumulate. You want to see that rollllling bottom. If you buy with an exp of 2 weeks, give it a chance to confirm and trap some shorts to go all in. Stop loss will be discussed in the coming days when we really talk about an entry.Longby taylorbrayUpdated 0
TXN - long positionOn the chart we can see that there are higher highs and higher lows. The RSI indicator crossing above the 50 mark and heading upward, indicates a bullish momentum. We expect that the price will reach the resistance. As it is a strong resistance, we anticipate the price to get rejected. Next, we expect another upsloping attempt towards the resistance level. Invalidation of this theses would be if the price closes below the upsloping trendline. Longby vf_investmentUpdated 5511
$TXN ShortThere is a major imbalance here. Subjective analysis of a chart that simply looks "heavy." I like it short to 144 because there is also confluence with downward sloping MACD and an income statement headed in the wrong direction QoQ.Shortby kyletradescontracts1
$TXN double bottom and ascending triangleAs per the chart, double bottom and ascending triangle on the daily. bullish with the bounce today off the ascending triangle support line..... publishing for me to reference back toLongby adpettit0
Triangle in Texas InstrumentsTexas Instruments has been consolidating for almost a year, but now there could be signs of a pending move. The first pattern on today’s weekly chart is the series of higher lows since October as prices remained below roughly $184. The result is an ascending triangle, a potential bullish pattern that TXN could be trying to escape. Second, Average True Range tightened to the narrowest since early 2022. Will the squeeze give way to price expansion? Next, this week brought a lower low than last week and a higher high. That kind of outside candle could suggest buyers are getting active. Finally, the 10-week simple moving average (SMA) is roughly equivalent to the 50-day SMA. Notice how it’s rising and starting to follow TXN higher -- a potential sign of a bullish intermediate-term trend. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation6
Texas Instruments: Don’t Rush It! 🐢With a healthy respect, Texas Instruments is advancing toward the resistance line at $158.99 slowly but surely. Soon, the share should climb above this mark and push off into the green zone between $215.90 and $237.98 to complete wave B in green before turning downwards again. There is a 33% chance, though, that the course could shift away from the next resistance line, dropping below the support at $144.49 instead. In that case, we would expect Texas Instruments to develop wave alt.IV in gray in the gray zone between $130 and $107.68 before moving upwards anew.by MarketIntel2
TXN long positionThe price is making an ascending triangle pattern so we expect the price to raise. Take the entry once the price breakout of the triangle. Look at the volume surge in order to avoid fake breakouts. Take profit and target are shown on the chart. Good luckLongby vf_investment113
Texas Instruments (TXN) - Is the stock overvalued?About Texas Instruments Texas Instruments (TXN) is a technology company that designs and manufactures a wide range of products, including analog and embedded processing chips. The company operates in two segments, Analog and Embedded Processing, and its products are used in various applications, including automotive, communication infrastructure, industrial, and personal electronics. Strong financial performance in recent years In recent years, Texas Instruments has seen strong financial performance, driven by strong demand for its products and increasing demand for its embedded processing solutions. The company has consistently delivered revenue and earnings growth, driven by its broad portfolio of products and its ability to continuously innovate and bring new products to market. Is Texas Instruments (TXN) stock overvalued? From a technical perspective, the stock price of Texas Instruments has been in an uptrend since the beginning of 2020, and has outperformed the S&P 500 index over that time period. The stock price has consistently made higher highs and higher lows, indicating strong bullish sentiment. In addition, the stock has consistently traded above its 200-day moving average, which is often used as a measure of long-term trend. The Relative Strength Index (RSI) is a momentum oscillator that measures the strength of a stock's price action. The RSI for Texas Instruments is currently in bullish territory, indicating that the stock is overbought and may be due for a pullback. However, the RSI can remain in overbought territory for an extended period of time, so it is important to consider other technical indicators when making a trading decision. One potential area of concern for the stock is its valuation. Texas Instruments currently trades at a premium to its historical valuation, which could indicate that the market is pricing in high expectations for future growth. In addition, the stock's price-to-earnings (P/E) ratio is higher than the industry average, which could make it vulnerable to a pullback if the company's earnings growth slows or if the market becomes more cautious. Conclusion In conclusion, Texas Instruments has demonstrated strong financial performance and technical strength in recent years. However, investors should be aware of the stock's elevated valuation and consider other factors, such as the company's earnings growth and the overall market sentiment, when making a trading decision. It is always recommended to consult with a financial advisor before making any investment decisions. Disclaimer Norvestio AS only offers analysis based on analyst estimates and historical data, and our articles are never meant to be taken as financial advice. It doesn’t represent an advice to buy or sell any stock, and it doesn’t take into consideration your goals or financial position. by norvestio3
TXN Setup for LongTXN Setup for Long 1- Trend is Bullish 2- Price is between strong support 182 and strong resistance 185 3- if price breaks above 185 then can take long entry 4- next resistance is at 190 5- if price come below 182 then next support is at 179 6- Entry Zones: -Zone1: above 185 -Zone2: 178-179Longby terminaltradersUpdated 0
Resistance weakened, may break to the upsideTexas Instrument saw a strong rally yesterday after the bullish candle closes above the 22-EMA. Moreover, the cup and handle formation is adding to the list of bullish reversalby William-trading0
$TXN with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $TXN after a Negative Under reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%. by EPSMomentum220
TXN - Texas instruments (earnings)TXN is trading into resistance. A large wedge pattern has formed. Chopping from the low end to the high end is still favourable until you break out and confirm above. TXN has a history of strong performance on earnings so i does favour a beat however the question is has the market priced this in already? Based on the volume trends it looks like there is distribution occurring which could signal a sell after earnings even if the report is good. Shortby Trading-Capital222
Texas Instruments - Full analysis for December 2022 Daily ChartExpectation of Texas Instruments ($TXN) & Potential Strategy Ideas: ---This is my first post, if you like my breakdown and mechanical analysis please comment other tickers you want to see--- $TXN is a bit in decisive now with pressure from buyers and sellers to either cash out close to the ATH (all-time-high) of $199.86 or wait to catch a small upside-push expected from $TXN Q4 report out in early 2023. Currently $TXN is still holding steady over DOW and S&P by 1.56% during general market recovery. New contracts with $TXN and DoD will increase revenue on Q4 report, if market recovery continues at a steady or slower rate buyers win for Long-Term hold on $TXN while sellers will try and either convert to buyers trying to get in before the Q4 report or like we have seen in other markets create a mass sell-off either through a whale with Put options or large stake in the market or community sell-off (i.e. the AMC/GameStop massive market flooding except as a mass selling). For December we can expect to continue to see this fight between sellers and buyers as the pressure builds towards Q4, buyers have the upside with countdown to Q4 and also typically winter/holiday season we see less inverse-traders in the market meaning less active sellers. Price will maintain until end of December (watch for false breakouts look at yellow ceiling line we see 2 have already happened and we will see more) with slight push upside. Strategy Ideas: - Bull's : hold for upside from a long position until Q4 Bear's : short position you can take advantage of the false breakout's occurring but act quickly so keep an eye on the 15min / 1hr chart and compare that to your daily trends and anticipate only small moves toward downside for risk mitigation. Call Option's: with false breakouts occurring more frequently while sellers fight back increasing pressure so no weekly options but you can go long until Q4 report (look for a date 2-3 weeks after report as buffer to have time to cash out the most you can w/o worrying about expiring your option). Or if you can't get an option far out and need a shorter term then you can catch a very small upside out after an expected false breakout make sure your order is filed at the lowest PP (price-point from the false breakout) and exercise option before expiration date.**For Call/Put Options right now in indecisive markets make sure you check your Delta on that options contract and choose a higher one to be safe and avoid False/Confirmed breakout's** Put Option's: since we are approaching ATH for $TXN you can buy Put's for under $195 PP on the short-term position this way you mitigate risk if we do break out toward upside after Q4 report, since there's a lot of indecisiveness take advantage and set your ceiling key-levels as your strike price this way you can collect while being safe. **For Call/Put Options right now in indecisive markets make sure you check your Delta on that options contract and choose a higher one to be safe and avoid False/Confirmed breakout's** Inverse Trades: preferably stay out until you can catch a good sighting of market, too much indecision to make any big swing moves. Watch volume on the daily and 4hr chart so you can track when to enter and leave for short and small profits. However, indecisiveness is not good for inverse. NASDAQ:TXNLongby LeosForexFundUpdated 222
$TXN with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $TXN after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 62.5%. by EPSMomentum0
The Texan is firing it up. TXNUpgoing zigzag, prolonged ?WXY on B Wave, pre confirmation, heading for overbought normalization. I like the fact that A Wave ended with nil divergence on the daily, which is indicative of further growth at some stage down the track prost a retrace. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.Longby Rykin_CapitalUpdated 110
TXN PRICE FORECAST (-19%) (-32%)Texas Instruments Incorporated engages in the design, manufacture, test, and sale of analog and embedded semiconductors, which includes industrial, automotive, personal electronics, communications equipment, and enterprise systems. It operates through the following segments: Analog and Embedded Processing. The Analog segment semiconductors change real-world signals, such as sound, temperature, pressure or images, by conditioning them, amplifying them and often converting them to a stream of digital data that can be processed by other semiconductors, such as embedded processors. The Embedded Processing segment is designed to handle specific tasks and can be optimized for various combinations of performance, power and cost, depending on the application. The company was founded by Cecil H. Green, Patrick Eugene Haggerty, John Erik Jonsson, and Eugene McDermott in 1930 and is headquartered in Dallas, TX. the soxx is there to show the downrending sentiment for stocks related to that industry Im strong on it reversing at tp1 but there is still chance of a break Shortby Bekiumuzi_DubeUpdated 1
SPGIWeekly and daily RSI rolling over. Daily MACD about to cross. Daily price closed outside of price line. Price in a downtrend.Shortby AlexColeUSA0
Texas Instruments say "Yeehaw" and miss. TXNGoals 160, 153. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safeShortby Rykin_CapitalUpdated 0