Texas Instruments Inc.(TXN) has rising momentum with an uptrend

(29-Apr-2008) (29-Apr-2008) Texas Instruments Inc.(TXN) closed at 29.66, up 0.3 or 1.02 % for the day. Based on our analysis, Texas Instruments Inc.(TXN) has rising momentum with an uptrend.

The closing price of Texas Instruments Inc.(TXN) is above its 50 day moving average of 29.44 (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 Inc.(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 18-Apr-2008, about 9 trading days ago.