What chart pattern is ChartPattern.io tracking on Textron?
ChartPattern.io is currently tracking Rounding Bottom on Textron in the Industrials stock. Secondary context includes Rounding Bottom and Descending Triangle.
Live Industrials stock scanner page for Textron. Review the rounding bottom setup, chart structure, and trade levels in one place.
Technical analysis of Textron (TXT) reveals a significant setup. The stock is trading at $78.18, up 0.09% on the day. Algorithmically, a Rounding Bottom structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $81.93, targeting $91.99 with support near $76.9 (R:R 2.0).
TXT is part of the Industrials stock on ChartPattern.io. The scanner currently highlights Rounding Bottom as the leading setup, with an entry near $81.93, a stop around $76.90, and a target near $91.99.
Rounding Bottom
23/100 CP Index
Entry $81.93 · Stop $76.90 · Target $91.99
TXT is showing a classic Rounding Bottom. Don't miss the move.
Consolidation. Can break either way.
Gradual reversal from bearish to bullish.
Bearish continuation pattern.
What is your outlook on TXT?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on TXT.
ChartPattern.io is currently tracking Rounding Bottom on Textron in the Industrials stock. Secondary context includes Rounding Bottom and Descending Triangle.
The current trade plan points to an entry near $81.93, a stop near $76.90, and a target near $91.99.
Textron currently leans bearish. The page is showing a CP Index of 23/100, which helps summarize the current technical setup.