US stock / ETF

Textron, Inc.

TXT · NYSE · USD

1 weekBearish92%
Weekly Downside probability 92%Bearish

TXT 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $82.84 and stabilize above resistance $100.98.

Invalidation Trigger

Break above $100.98 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 38.9, MACD -1.104

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $4.47 (5.81%)

Weekly

EMA Structure

Bearish
EMA 8$78.22Bearish
EMA 21$82.84Bearish
EMA 50$85.24Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.9 · MACD -1.104

Momentum is weak

Strength
Bearish
Volatility
ATR $4.47 · BB 31.37%

High volatility

Strength
Bearish
Volume
MFI 39.2 · OBV -25.58%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$71.87 - $100.98

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+37.25% · 6.4 ATR above latest close

$105.45
Nearest resistance

+31.43% · 5.4 ATR above · 34-bar high

$100.98
Current price

Price shown is delayed

$76.83
Nearest support

-6.46% · 1.1 ATR below · 34-bar low

$71.87
Deeper support zone

-12.27% · 2.1 ATR below latest close

$67.4
ATR zone

Latest close ± ATR14

$72.36 - $81.3

Indicators

Trend

Dow Theory Structure

Confirmation $96.46, invalidation $71.87

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

39.1 / 8.1 / 34.4Bearish
Supertrend (10,3)

Price is above Supertrend

$65.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$81.28 / $86.72Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Volatility

ATR (14)

High volatility

$4.47 (5.81%)Bearish
Bollinger Bands (20,2)

Width 31.37%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$90.03 / $75.18Bearish
ATR channel lower / upper

Current Volatility Envelope

$72.36 / $81.3Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$100.98Range
Support

Nearest Downside Decision Level

$71.87Range

Momentum

RSI (14)

Momentum is weak

38.9Bearish
MACD (12,26,9)

Histogram is negative

-1.104Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.2 / 15.3Bullish
Williams %R (14)

Neutral zone

-79.8Range
CCI (20)

Balanced zone

-90.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.2Bearish
OBV slope

20-period OBV slope

-25.58%Bearish
Volume ratio

Relative to 20-period average volume

0.95xRange

Trend

Dow Theory Structure

Confirmation $96.46, invalidation $71.87

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

39.1 / 8.1 / 34.4Bearish
Supertrend (10,3)

Price is above Supertrend

$65.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$81.28 / $86.72Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Momentum

RSI (14)

Momentum is weak

38.9Bearish
MACD (12,26,9)

Histogram is negative

-1.104Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.2 / 15.3Bullish
Williams %R (14)

Neutral zone

-79.8Range
CCI (20)

Balanced zone

-90.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$4.47 (5.81%)Bearish
Bollinger Bands (20,2)

Width 31.37%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$90.03 / $75.18Bearish
ATR channel lower / upper

Current Volatility Envelope

$72.36 / $81.3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.2Bearish
OBV slope

20-period OBV slope

-25.58%Bearish
Volume ratio

Relative to 20-period average volume

0.95xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$100.98Range
Support

Nearest Downside Decision Level

$71.87Range

Related Forecasts