US stock / ETF

Textron, Inc.

TXT · NYSE · USD

4 hoursBearish85%
4h Downside probability 85%Bearish

TXT 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $90.3 and stabilize above resistance $94.5.

Invalidation Trigger

Break above $94.5 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 42.2, MACD -0.175

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.6785 (0.76%)

4h

EMA Structure

Bearish
EMA 8$89.73Bearish
EMA 21$90.3Bearish
EMA 50$90.63Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.2 · MACD -0.175

Momentum is weak

Strength
Bearish
Volatility
ATR $0.6785 · BB 5.12%

Low volatility

Strength
Bullish
Volume
MFI 35.0 · OBV -5.01%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$88.65 - $94.5

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.34% · 8.4 ATR above latest close

$95.18
Nearest resistance

+5.59% · 7.4 ATR above · 34-bar high

$94.5
Current price

Price shown is delayed

$89.5
Nearest support

-0.95% · 1.3 ATR below · 34-bar low

$88.65
Deeper support zone

-1.71% · 2.3 ATR below latest close

$87.97
ATR zone

Latest close ± ATR14

$88.82 - $90.18

Indicators

Trend

Dow Theory Structure

Confirmation $88.65, invalidation $90.49

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

28.0 / 33.8 / 21.5Bullish
Supertrend (10,3)

Price is above Supertrend

$87.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$90.79 / $90.22Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Volatility

ATR (14)

Low volatility

$0.6785 (0.76%)Bullish
Bollinger Bands (20,2)

Width 5.12%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$91.71 / $88.85Bullish
ATR channel lower / upper

Current Volatility Envelope

$88.82 / $90.18Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.5Range
Support

Nearest Downside Decision Level

$88.65Range

Momentum

RSI (14)

Momentum is weak

42.2Bearish
MACD (12,26,9)

Histogram is negative

-0.175Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.2 / 25.1Bullish
Williams %R (14)

Neutral zone

-68.8Range
CCI (20)

Balanced zone

-85.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

35.0Bearish
OBV slope

20-period OBV slope

-5.01%Bearish
Volume ratio

Relative to 20-period average volume

2.16xBullish

Trend

Dow Theory Structure

Confirmation $88.65, invalidation $90.49

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

28.0 / 33.8 / 21.5Bullish
Supertrend (10,3)

Price is above Supertrend

$87.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$90.79 / $90.22Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Momentum

RSI (14)

Momentum is weak

42.2Bearish
MACD (12,26,9)

Histogram is negative

-0.175Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.2 / 25.1Bullish
Williams %R (14)

Neutral zone

-68.8Range
CCI (20)

Balanced zone

-85.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$0.6785 (0.76%)Bullish
Bollinger Bands (20,2)

Width 5.12%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$91.71 / $88.85Bullish
ATR channel lower / upper

Current Volatility Envelope

$88.82 / $90.18Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

35.0Bearish
OBV slope

20-period OBV slope

-5.01%Bearish
Volume ratio

Relative to 20-period average volume

2.16xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$94.5Range
Support

Nearest Downside Decision Level

$88.65Range

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