Texas Instruments's most recent trend suggests a bearish bias. One trading opportunity on Texas Instruments is a Bear Call Spread using a strike $135.00 short call and a strike $145.00 long call offers a potential 10.99% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $135.00 by expiration. The full premium credit of $0.99 would be kept by the premium seller. The risk of $9.01 would be incurred if the stock rose above the $145.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Texas Instruments is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Texas Instruments is bearish.
The RSI indicator is at 67.31 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Texas Instruments
Better Buy: NVIDIA vs. Texas Instruments
Sun, 14 Jun 2020 13:22:00 +0000
The semiconductor space is a hot topic these days, and for good reason. While chip sales have tended to generally fluctuate with the economy, we are entering an age dominated by high-powered silicon. As the coronavirus has accelerated trends such as working from home, telemedicine, cloud computing, the Internet of Things, and the race to 5G infrastructure, leading-edge chips are powering the most resilient parts of the economy today.
Texas Instruments Stock Falls 4%
Thu, 11 Jun 2020 14:45:05 +0000
Investing.com – Texas Instruments (NASDAQ:TXN) Stock fell by 4.41% to trade at $125.60 by 14:44 (18:44 GMT) on Thursday on the NASDAQ exchange.
Worried About a Weak Dollar? Here's How to Trade & Win
Thu, 11 Jun 2020 11:56:11 +0000
The ultra-easy Fed policy and widening U.S. deficit are likely to keep the greenback subdued in this coming days.
Texas Instruments (TXN) Gains But Lags Market: What You Should Know
Mon, 08 Jun 2020 21:50:09 +0000
In the latest trading session, Texas Instruments (TXN) closed at $132.86, marking a +1.08% move from the previous day.
Chip Stocks Rally After Microchip Technology Boosts Outlook
Wed, 03 Jun 2020 15:42:00 +0000
Shares of chip suppliers to the automotive sector rallied Wednesday after Microchip Technology said it is seeing better-than-expected June quarter results.
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