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Archive - 4/17/2025 - Sign In to see current Signals. |
Textron Inc. (TXT) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a second positive week after 4 consecutive negative weeks for the Textron Inc. (TXT). During the week, the TXT climbed 0.36 points, or 0.55%, and closed at 66.04 on Thursday, April 17, 2025. TXT was trading at average weekly trading volume.
Long-term trend: [See TXT long-term trend chart] A long-term uptrend had started on March 23, 2020 at 20.26 and reached 97.34 on April 8, 2024. TXT gained -77.08 points, or -380.45%, in 211 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (103.42) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See TXT medium-term trend chart] A medium-term downtrend had started on July 18, 2024 at 94.57 and reached 57.70 on April 7, 2025. TXT lost 36.87 points, or 38.99%, in 37 weeks. The chart has formed a Falling Channel chart pattern. The downtrend support line (66.67) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See TXT weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since April 26, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See TXT short-term trend chart] A short-term downtrend had started on March 10, 2025 at 77.10 and reached 57.70 on April 7, 2025. TXT lost 19.40 points, or 25.16%, in 28 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 51.28 and resistance is at 73.85. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See TXT daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since March 28, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The distance between the Bollinger Bands is 193.50% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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