US semiconductors · post-earnings
Texas Instruments slips 1.6% as the new sell signal starts with no momentum
US semiconductors · post-earnings
Our view last week
After last week's 6.3% rebound that carried it right up to the 7-day high resistance, Texas Instruments has changed tune: this week the stock drops 8.8%, with 85% of the day's volume on the sell side and the weekly MACD just crossing bearish. Money flow has turned negative. Raising the stakes, earnings land this very week, on July 22.
This week's summary
Texas Instruments closes the week in the 279 area, boxed in between the daily pivot average and the lower Bollinger Band, after the double bottom in the 275 area that sparked a 15% rebound. The weekly chart triggers a new sell signal, but Strength is already at rock bottom, just 6 out of 100: the decline starts with no momentum of its own. The structural averages stay aligned to the upside and price holds above the Ichimoku cloud, a backdrop that argues for caution on a fresh short entry.
IQS Phase
59
ordinary
Signal Strength
6
decline losing steam
Sizing
MINIMUM
Ranking
#123 / 141
New us stocks
Trade P&L %
+0.00%
from signal to today
Rank position
ranks 123rd among the 141 sell signals for US stocks in our ranking, with a signal strength of 6 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimeweak phase
Performanceweekly +0.17% · monthly -3.92%
TXN belongs to the growth tech sector (reference ETF XLK). The sector is classified weak phase according to our weekly reading.
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