U.S. Markets open in 2 hrs 22 mins

Texas Instruments’ Moving Averages Indicate a Downtrend

Paige Tanner
Texas Instruments’ Moving Averages Indicate a Downtrend

Texas Instruments’ (TXN) stock declined with the stock market sell-off, and its current trading price may present a buying opportunity for long-term investors. The stock has declined 5% this month. Could the stock fall further? We can assess this possibility by analyzing its technicals and looking for a pattern in its stock price.