Texas Instruments Incorporated(TXN) has rising momentum with an uptrend

(29-Feb-2008) (29-Feb-2008) Texas Instruments Incorporated(TXN) closed at 31.02, down -0.4 or -1.27 % today. Based on our analysis, Texas Instruments Incorporated(TXN) has rising momentum with an uptrend.

The closing price of Texas Instruments Incorporated(TXN) is above its 50 day moving average of 30.97 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Texas Instruments Incorporated(TXN) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 11-Feb-2008, about 14 trading days ago.