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Textron $TXT Technical Update

The Textron (NYSE: TXT) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for TXT, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Technical Summary

Term →Near Mid Long
Rating Weak Neutral Neutral
P1 50.55 48.28 34.99
P2 51.53 51.80 46.71
P3 52.65 55.58 58.07
Triggers may have already come
Support and Resistance Plot Chart for TXT

Long Term Trading Plans for TXT

May 10, 2019, 4:45 pm ET

The Technical Summary and Trading Plans for TXT help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this TXT Report.

TXT - (Long) Support Plan

The technical summary data tells us to buy TXT near 46.71 with an upside target of 58.07. This data also tells us to set a stop loss @ 46.45 to protect against excessive loss in case the stock begins to move against the trade. 46.71 is the first level of support below 51.49 , and by rule, any test of support is a buy signal. In this case, support 46.71 is being tested, a buy signal would exist.

TXT - (Short) Resistance Plan

The technical summary data is suggesting a short of TXT as it gets near 58.07 with a downside target of 46.71. We should have a stop loss in place at 58.33 though. 58.07 is the first level of resistance above 51.49, and by rule, any test of resistance is a short signal. In this case, if resistance 58.07 is being tested, a short signal would exist.


TXT Long Term Analysis


TXT EPS Analysis

TXT Dividend Chart

TXT Revenue chart

TXT Growth rate - Quarterly

TXT Growth rate - Yearly

TXT PE chart

TXT PEG chart