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Archive
- 5/29/2026 -
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Textron Inc. (TXT) Technical Analysis
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| Summary:
| | Weekly : | | Daily : 
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| | It was the negative week for the Textron Inc. (TXT). During the week, the TXT gave back -0.07 points, or -0.08%, and closed at 91.76 on Friday, May 29, 2026. Weekly volume was -11% below average.
 Long-term trend: [See TXT long-term trend chart]
A long-term uptrend had started on April 7, 2025 at 57.70 and reached 101.57 on February 18, 2026. TXT gained -43.87 points, or -76.03%, in 45 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See TXT medium-term trend chart]
A medium-term downtrend had started on February 18, 2026 at 101.57 and reached 85.61 on March 30, 2026. TXT lost 15.96 points, or 15.71%, in 5 weeks. Price is near the Fibonacci 38.2% retracement level.
 Weekly Technical Indicators: [See TXT weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since March 13, 2026. 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 uptrend had started on March 30, 2026 at 85.61 and reached 97.61 on April 30, 2026. TXT gained -12.00 points, or -14.02%, in 31 days. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 88.30 and resistance is at 104.74. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a short-term trend.
 Daily Technical Indicators: [See TXT daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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.
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