TEXTRON INC (TXT) Stock Technical Analysis
NYSE:TXT - New York Stock Exchange, Inc. - US8832031012 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to TXT. 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.
83% of all other stocks performed better in the past year than TXT.
TXT is part of the Aerospace & Defense industry. There are 66 other stocks in this industry, of which 80% are performing better than TXT.
TXT is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
TXT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
TXT has an average volume of 1307120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TXT has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
71.56
93.83
When analyzing the support we notice one important area.
- A support zone ranging from 72.28 to 72.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 76.74 to 79.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @81.20 from a horizontal line in the daily time frame.
- A resistance zone ranging from 85.55 to 86.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @88.94 from a horizontal line in the daily time frame.
- Resistance @92.90 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.95
Mansfield-2.2
10 Day High75.56
10 Day Low71.67
20 Day High79.18
20 Day Low71.67
52 Week High97.34
52 Week Low71.67
Performance
1 Week-1.04%
2 Weeks-3.88%
1 Month-7.51%
3 Month-15.27%
6 Month-19.54%
12 Month-15.85%
2 Year-0.26%
3 Year-1.08%
5 Year78.18%
10 Year63.26%
15 Year263.15%
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)-0.14
RSI(14)32.56
LBB71.3
UBB75.99
72.34
-0.09 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.12%
1 Week-1.04%
2 Weeks-3.88%
1 Month-7.51%
3 Month-15.27%
6 Month-19.54%
12 Month-15.85%
2 Year-0.26%
3 Year-1.08%
5 Year78.18%
10 Year63.26%
15 Year263.15%
Volatility
ATR(14)1.22
ATR(20)%1.82%
ATR Inc-22.63%
Range Today1.16
ADR(20)1.27
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.95
Mansfield-2.2
10 Day High75.56
10 Day Low71.67
20 Day High79.18
20 Day Low71.67
52 Week High97.34
52 Week Low71.67
CS1 End72.28
CR1 Start76.74
Volume & EV
DER(3)-0.83%
DER(5)0.25%
Volume1.65M
Volume Incr4.26%
Vol(5)1.42M
Vol(50)1.31M