TXN technical analysis

The latest weekly close for TXN is 278.07. This price sits above the weekly EMA20 of 271.21 by 2.53%. It is also above the weekly EMA50 of 247.75 by 12.24%, and significantly above the weekly EMA200 of 205.24 by 35.49%.

The weekly EMA stack is bullish, with the EMA20 (271.21) above the EMA50 (247.75), which is in turn above the EMA200 (205.24). This configuration indicates a strong uptrend in the underlying asset. It is important to note that the EMA stack describes the prevailing trend, not specific entry or exit timing.

No EMA50/EMA200 cross was detected within the computable window of 315 bars.

What would change this read

A weekly close below the EMA20 at 271.21 would signal a potential short-term weakening of momentum. A more significant shift would occur with a weekly close below the EMA50 at 247.75, which would challenge the current bullish trend.

The MACD for TXN is currently at 7.31, which is below its signal line of 11.77, indicating a bearish posture. This bearish crossover occurred 11 weeks ago on 2026-07-13.

The histogram is negative at -4.46, confirming bearish momentum. However, the 4-bar change in the histogram is positive at 2.65, suggesting that the bearish momentum is decelerating.

The MACD is currently above the zero line, which typically indicates a longer-term bullish trend. The last zero-line cross was bullish, occurring 36 weeks ago on 2026-01-19. This is distinct from the signal-line crossover, as the zero-line cross signals a shift in the longer-term trend, while the signal-line cross indicates shorter-term momentum changes.

No bearish divergence was found between the 2026-07-06 close of 311.46/macd 28.7997 and the 2026-08-03 close of 286.08/macd 19.9822. Similarly, no bullish divergence was found between the 2026-07-27 close of 275.74/macd 21.3925 and the 2026-08-31 close of 258.44/macd 9.9671.

What would change this read

1. The MACD rising above its signal line of 11.77. 2. The histogram turning positive by rising above 0.

The current weekly RSI(14) for TXN is 54.78, indicating a neutral state, as it is neither overbought (>= 70) nor oversold (<= 30).

Over the last four weeks, the RSI has been rising, moving from 48.32 to its current 54.78.

The most recent band event occurred 14 weeks ago, on 2026-06-22, when the RSI fell back below 70.

No bearish divergence was found based on the last two price pivots (2026-07-06 close 311.46/RSI 65.78 -> 2026-08-03 close 286.08/RSI 56.97). Similarly, no bullish divergence was found (2026-07-27 close 275.74/RSI 54.34 -> 2026-08-31 close 258.44/RSI 48.32).

What would change this read

A weekly RSI(14) reading above 70 would indicate an overbought condition. A weekly RSI(14) reading below 30 would indicate an oversold condition. A weekly RSI(14) falling below 48.32 would suggest a reversal of the recent upward momentum.

The weekly ATR(14) for TXN is 19.75. This value represents 7.1% of its latest weekly close of 278.07, indicating the average weekly trading range relative to the stock's price.

Compared to eight weeks ago, when the ATR was 23.61, current weekly volatility is contracting.

The 1x ATR band from the latest close suggests an expected weekly trading range between 258.32 and 297.82. For a more extended weekly movement, the 2x ATR band indicates an expected range from 238.57 to 317.57. These bands describe the normal expected weekly range, not price predictions.

What would change this read: A significant increase in weekly volatility, such as the ATR (14) rising above 23.61. A substantial change in the ATR as a percentage of price, moving significantly above 7.1%. Conversely, a weekly close that moves outside the 2x ATR band, currently 238.57 to 317.57, would indicate an unusually large weekly movement.

The 52-week high for TXN was 334.03, set on 2026-06-22. The 52-week low was 152.73, set on 2025-11-17.

The latest weekly close of 278.07 is -16.75% from its 52-week high and 82.07% above its 52-week low.

The stock's position in its 52-week range is 69.1%. This indicates that TXN is trading significantly closer to its annual high than its annual low, suggesting a strong upward trend over the past year and that it is in a mature phase of an upward cycle. The current price is well above the midpoint of the 52-week range, which is 243.38.

What would change this read

A weekly close above 334.03 would indicate a breakout to a new 52-week high. A weekly close below the midpoint of 243.38 would signal a significant weakening of the current bullish trend. A weekly close at or below 152.73 would indicate a complete reversal of the past year's gains.