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Archive - 3/21/2025 - 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 the negative week for the Textron Inc. (TXT). During the week, the TXT gave back -0.11 points, or -0.15%, and closed at 73.08 on Friday, March 21, 2025. Weekly volume was 82% above average.
Long-term trend: [See TXT long-term trend chart] A long-term uptrend had started on June 17, 2022 at 57.11 and reached 97.34 on April 8, 2024. TXT gained -40.23 points, or -70.44%, in 94 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (69.19) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.
Medium-term trend: [See TXT medium-term trend chart] A medium-term downtrend had started on April 8, 2024 at 97.34 and reached 70.14 on March 4, 2025. TXT lost 27.20 points, or 27.94%, in 47 weeks. The price is now at the 10.81% retracement level.
Weekly Technical Indicators: [See TXT weekly technical indicators chart] Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since April 26, 2024. 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 downtrend had started on July 18, 2024 at 94.57 and reached 70.14 on March 4, 2025. TXT lost 24.43 points, or 25.83%, in 229 days. The chart has formed a Falling Channel chart pattern. The trend support level is at 69.24 and resistance is at 76.00. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel 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 above its signal line since February 24, 2025. The distance between MACD and the signal line is low, but getting bigger.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Industrials |
3 |
Industry |
Aerospace & Defense |
78 |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Symmetric Triangle |
Low |
70.14 |
Low Date |
03/04/2025 |
High |
77.10 |
High Date |
03/10/2025 |
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Weekly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Falling Channel |
Status |
Valid |
Resistance |
76.00 |
Support |
69.24 |
High |
94.57 |
High Date |
07/18/2024 |
Low |
70.14 |
Low Date |
03/04/2025 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
97.34 |
High Date |
04/08/2024 |
Low |
70.14 |
Low Date |
03/04/2025 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Test Support |
Resistance |
114.60 |
Support |
69.19 |
Low |
57.11 |
Low Date |
06/17/2022 |
High |
97.34 |
High Date |
04/08/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
20.26 |
Low Date |
03/23/2020 |
High |
97.34 |
High Date |
04/08/2024 |
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