EN
Takip Edin: @UscMarketsTXT Stock Forecast & Textron Chart Analysis
This article provides a detailed analysis of TXT-Textron Inc. stock including a forecast for TXT shares. It features Textron Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
TXT Historical Data Review
TXT Current Price Performance Analysis
The Textron - TXT stock traded on the American stock market, on 06-05-2024, closed at 86.54$ with a %-0.54 decreased compared to the previous day.
In the last month, the price of TXT changed by %-0.41 decreased in value, from 86.9 dollars on 05-06-2024 to 86.54 dollars, decreased.
Last year, the price of TXT was 63.6 dollars on 06-06-2023, and changed by %36.07 increased in value, to 86.54 dollars increased within a year.
The price of Textron stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
TXT with AI Stock Forecast & Price Target
On the TXT chart Textron price was recorded as 86.54 Dollars on 06/05/2024.
The artificial intelligence's forecast on TXT stock is as follows.
The artificial intelligence's prediction error margin for TXT stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Textron stock over the next 4 months is: 90.4 Dollars.
The commentary on TXT stock Target Price: Highest: 96.312 Dollars is predicted.
The commentary on TXT stock Target Price: Lowest: 84.473 Dollars is predicted.
Resistance Price where Textron stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 93.342 |
| 10-03-2024 | 88.135 |
| 12-12-2024 | 87.951 |
| 01-31-2025 | 94.576 |
| 03-12-2025 | 95.656 |
Support Price where Textron stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 09-03-2024 | 85.315 |
| 11-07-2024 | 84.473 |
| 12-17-2024 | 87.698 |
| 02-05-2025 | 94.302 |
| 03-27-2025 | 95.550 |
The commentary on TXT stock: Fluctuations in the target price can be expected in the coming days.
The target price for Textron stock by the end of 2024 is predicted to be 88.898 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on TXT stock, and the 2024 target price predictions for Textron are detailed above.
The technical analysis and charts for the commentary on TXT stock are below.
TXT Support & Resistance and Trend Analysis
TXT stock you have reviewed the technical analysis support resistance charts regarding.
TXT : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the TXT review, the Textron support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Textron Support and Resistance Prices:
| TXT Support Level Price | TXT Resistance Level Price |
|---|---|
| 74.13 | 78.52 |
| 74.44 | 78.68 |
| 75.70 | 80.97 |
| 76.98 | 81.59 |
| 82.02 | 88.41 |
| 84.00 | 89.55 |
| 84.29 | 95.86 |
| 85.85 | 97.34 |
| 85.94 | |
| 93.68 |
TXT Technical Analysis: SMA, RSI, MACD
Upon reviewing the TXT chart, buy and sell signals have been generated in the Textron technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for TXT stock are as follows:- The technical analysis for TXT indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for TXT indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Textron issued a 'Buy' signal when the MACD was at -0.728, with the current MACD value being: -0.723
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Textron stock: Click here to read more predictions on Avantor stock.
Click here for price target predictions and technical analysis charts of other American stocks