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Downtrend Broken Resist.Archive
- 5/15/2026 -
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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 dropped -2.24 points, or -2.46%, and closed at 88.77 on Friday, May 15, 2026. Weekly volume was -13% 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. The price is now at the 29.18% retracement 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 chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (87.73) is broken. A broken support is considered to be a long-term bullish 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 resistance line 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 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 price is near the trend support (87.73) 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 technical indicators are neutral.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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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