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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Textron Inc. (NYSE:TXT)
Sidelines Mode (+55) - TXT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TXT?
MarketClub looks at technical strength and momentum to determine if the timing is right for TXT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TXT
The long-term trend has been UP since Jul 27th, 2023 at 71.5700
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 93.6800
The short-term trend has been UP since May 3rd, 2024 at 86.2225
Smart Scan Analysis for TXT
Based on our trend formula, TXT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 87.17 | 87.86 | 87.07 | 87.56 | +0.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 87.49 | 125663 | 2024-05-08 10:41:20 |
| Year High | 72.87 | Year High Date | 2018-09-25 |
| Year Low | 51.485 | Year Low Date | 2018-10-29 |
| 52wk High | 97.335 | 52wk High Date | 2024-04-08 |
| 52wk Low | 61.27 | 52wk Low Date | 2023-05-31 |
| Year End Close | 24.79 | Average Volume | 1,416,012 |
| Shares Outstanding | 190,699 | Short Interest | 15,148,645 |
| % Institutional | 78.7 | Market Cap | 11,777M |
| Assets | 164,140,000M | Liabilities | 948,300,000M |
| P/E Ratio | 18.6944 | Beta | 1.87 |
| Volatility | 43.78 |