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Texas Instrument Bearish Moving Average Crossover Alert (TXN)

By Nick Russo

Texas Instrument (NASDAQ:TXN) crossed under its 10-day moving average of $112.87 on a volume of 1.5 million shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Texas Instrument share prices have been bracketed by a low of $79.60 and a high of $120.75 and are now at $111.01, 39% above that low price. The 200-day and 50-day moving averages have moved 0.39% higher and 0.25% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Texas Instrument and will alert subscribers who have TXN in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses texas instrument

Ticker(s): TXN