TXN chart analysis today

TXN is 50 days into a downtrend, coiling inside a falling wedge after the weekly uptrend broke. The coil is on heavier than normal volume. $248.33 ends the wedge, $260.46 resumes the rise.

Texas Instruments · daily · last close $253.34 · read computed from candles through 2026-09-01. No AI, no signal, no target.

TXN · Dailydaily
$172.97$216.22$259.46$302.71$345.96avg32804860164024300VolumeResistance $255.18 · 3 touchesSupport $184.93 · 2 touchesFALLING WEDGEBreaks above $260.46Breaks below $248.33Weekly resistance $269.66

The two prices that decide it

Above
$260.46 · the falling wedge
Below
$248.33 · the falling wedge
Formation state
Still forming.
Trend
lower highs and lower lows over the window, 3 steps across 50 bars, still intact
Agreement
Structure 1 of 4 (low) · indicators 0 of 3 (low)

Levels and what happened there

  • Resistance $255.18
  • Support $184.93
  • The last three times price reached $255.18 it held twice, bouncing 4.8% on average, and broke through once.
  • The last two times price reached $184.93 it held every time, bouncing 13% on average.
  • Bigger picture Weekly uptrend broken, daily coiling. weekly — the uptrend broke, nearest resistance $269.66, descending triangle at $270.64. Warning: the weekly uptrend broke 3 weeks ago, so the bigger chart is no longer backing a rise.
  • 52 weeks 24% below its 52-week high of $334.03 and 66% above its 52-week low of $152.73.

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This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.

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Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.

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