TEXTRON INC (TXT)

US8832031012 - Common Stock

85.26  +1.3 (+1.55%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to TXT. TXT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

68% of all other stocks performed better in the past year than TXT.
TXT is one of the lesser performing stocks in the Aerospace & Defense industry. 68% of 65 stocks in the same industry do better.
TXT has an average volume of 1144960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
TXT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TXT is lagging the market.
In the last month TXT has a been trading in the 80.35 - 89.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
TXT Weekly chart
TXT Daily chart
Setup Rating and Analysis

3

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

79.62

94.96

We found 1 important support area.

  • A support zone ranging from 80.42 to 82.21. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

  • A resistance zone ranging from 86.04 to 86.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 88.87 to 88.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 91.20 to 92.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @94.02 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
CRS32.48
Mansfield-1.4
10 Day High89.28
10 Day Low81.17
20 Day High89.28
20 Day Low80.35
52 Week High97.34
52 Week Low74.13
Performance
1 Week-2.49%
2 Weeks-4.45%
1 Month3.03%
3 Month-6.62%
6 Month-5.27%
12 Month7.11%
2 Year17.62%
3 Year18.59%
5 Year81.57%
10 Year93.81%
15 Year318.75%
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)-0.25
RSI(14)46.74
LBB80.33
UBB90.07
TXT Daily chart

TEXTRON INC

NYSE:TXT (11/22/2024, 11:36:36 AM)

85.26

+1.3 (+1.55%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg1.55%
1 Week-2.49%
2 Weeks-4.45%
1 Month3.03%
3 Month-6.62%
6 Month-5.27%
12 Month7.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.91
ATR(20)%2.22%
ATR Inc
Range Today1.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High89.28
10 Day Low81.17
20 Day High89.28
20 Day Low80.35
52 Week High97.34
52 Week Low74.13
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume142.11K
Volume Incr1.32%
Vol(5)1.29M
Vol(50)1.14M