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Downtrend ExhaustionArchive
- 2/14/2025 -
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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 dropped -2.24 points, or -3.01%, and closed at 72.28 on Friday, February 14, 2025. It was the worst weekly loss since December 20, 2024. Weekly volume was 15% 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 (68.77) 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 72.03 on February 14, 2025. TXT lost 25.31 points, or 26.00%, in 44 weeks. Price is near the trend low.
 Weekly Technical Indicators: [See TXT weekly technical indicators chart]
Weekly Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index and Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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, Relative Strength Index 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 relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. 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 72.03 on February 14, 2025. TXT lost 22.54 points, or 23.83%, in 211 days. The chart has formed a Falling Channel chart pattern. The price is near the trend support (71.66) 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 short-term trend.
 Daily Technical Indicators: [See TXT daily technical indicators chart]
Daily Relative Strength Index and Williams' Percentage Range are oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index and Williams' Percentage Range or strongly oversold daily Lane's Stochastic.
The daily MACD line is below its signal line since January 31, 2025. This is an indication that the short-term trend is down.
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