TEXTRON INC (TXT)

US8832031012 - Common Stock

76.85  +1.03 (+1.36%)

After market: 86.1375 +9.29 (+12.09%)

Technical Rating and Analysis

0

Taking everything into account, TXT scores 0 out of 10 in our technical rating. TXT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, TXT is a bad performer in the overall market: 74% of all stocks are doing better.
TXT is part of the Aerospace & Defense industry. There are 64 other stocks in this industry, of which 77% are performing better than TXT.
TXT is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so TXT is lagging the market.
In the last month TXT has a been trading in the 75.36 - 86.69 range, which is quite wide. It is currently trading near the lows of this range.
TXT has an average volume of 1194700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
TXT Weekly chart
TXT Daily chart
Setup Rating and Analysis

2

The technical rating of TXT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

76.08

93.83

4 important resistance areas can be observed.

  • A resistance zone ranging from 81.52 to 82.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 83.83 to 86.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 87.93 to 88.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @92.90 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.35
Mansfield-1.98
10 Day High83.33
10 Day Low75.36
20 Day High86.7
20 Day Low75.36
52 Week High97.34
52 Week Low75.36
Performance
1 Week-5.03%
2 Weeks-7.03%
1 Month-8.47%
3 Month-12.58%
6 Month-11.4%
12 Month-4.45%
2 Year8.55%
3 Year-0.45%
5 Year72.31%
10 Year82.5%
15 Year308.56%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.71
RSI(14)29.18
LBB75.34
UBB86.78
TXT Daily chart

TEXTRON INC

NYSE:TXT (12/20/2024, 8:04:00 PM)

After market: 86.1375 +9.29 (+12.09%)

76.85

+1.03 (+1.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg1.36%
1 Week-5.03%
2 Weeks-7.03%
1 Month-8.47%
3 Month-12.58%
6 Month-11.4%
12 Month-4.45%
2 Year8.55%
3 Year-0.45%
5 Year72.31%
10 Year82.5%
15 Year308.56%
Volatility
ATR(14)1.68
ATR(20)%2.04%
ATR Inc16.2%
Range Today2.23
ADR(20)1.53
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.35
Mansfield-1.98
10 Day High83.33
10 Day Low75.36
20 Day High86.7
20 Day Low75.36
52 Week High97.34
52 Week Low75.36
CS1 EndN/A
CR1 Start81.52
Volume & EV
DER(3)0.4%
DER(5)-0.82%
Volume3.65M
Volume Incr85.79%
Vol(5)1.90M
Vol(50)1.19M