When the Price of Texas Instruments TXN Talks, People Listen
January 25, 2023, 14:45 pm ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for TXN
- Buy TXN slightly over 160.23 target 174.82 stop loss @ 159.77 Details
The technical summary data tells us to buy TXN near 160.23 with an upside target of 174.82. This data also tells us to set a stop loss @ 159.77 to protect against excessive loss in case the stock begins to move against the trade. 160.23 is the first level of support below 174.36 , and by rule, any test of support is a buy signal. In this case, support 160.23 is being tested, a buy signal would exist.
- Short TXN slightly under 174.82, target 160.23, stop loss @ 175.32 Details
The technical summary data is suggesting a short of TXN as it gets near 174.82 with a downside target of 160.23. We should have a stop loss in place at 175.32though. 174.82 is the first level of resistance above 174.36, and by rule, any test of resistance is a short signal. In this case, if resistance 174.82 is being tested, a short signal would exist.
Swing Trading Plans for TXN
- Buy TXN slightly over 174.82, target 181.34, Stop Loss @ 174.32 Details
If 174.82 begins to break higher, the technical summary data tells us to buy TXN just slightly over 174.82, with an upside target of 181.34. The data also tells us to set a stop loss @ 174.32 in case the stock turns against the trade. 174.82 is the first level of resistance above 174.36, and by rule, any break above resistance is a buy signal. In this case, 174.82, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short TXN slightly near 174.82, target 172.82, Stop Loss @ 175.32. Details
The technical summary data is suggesting a short of TXN if it tests 174.82 with a downside target of 172.82. We should have a stop loss in place at 175.32 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 174.82, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for TXN
- Buy TXN slightly over 174.82, target 176.57, Stop Loss @ 174.41 Details
If 174.82 begins to break higher, the technical summary data tells us to buy TXN just slightly over 174.82, with an upside target of 176.57. The data also tells us to set a stop loss @ 174.41 in case the stock turns against the trade. 174.82 is the first level of resistance above 174.36, and by rule, any break above resistance is a buy signal. In this case, 174.82, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short TXN slightly near 174.82, target 172.82, Stop Loss @ 175.23. Details
The technical summary data is suggesting a short of TXN if it tests 174.82 with a downside target of 172.82. We should have a stop loss in place at 175.23 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 174.82, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Texas Instruments (TXN) available here: TXN.
TXN Ratings for January 25:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Strong |
Weak |
P1 |
0 |
0 |
145.65 |
P2 |
170.86 |
172.82 |
160.23 |
P3 |
176.57 |
181.34 |
174.82 |
AI Generated Signals for TXN
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of Texas Instruments (NYSE: TXN) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for TXN can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for TXN: