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Archive
- 6/5/2026 -
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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 -0.68 points, or -0.74%, and closed at 91.08 on Friday, June 5, 2026. Weekly volume was -10% 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. The price is now at the 34.27% 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. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 88.52 and resistance is at 106.53. 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 technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. 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.
The daily MACD line is above its signal line since May 22, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
The price is close to the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (4.96%) is close to one year low (4.72%). It is 50.40% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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.
Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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