TXT

TextronIndustrials

$89.95+0.48%

Descending Triangle Falling Wedge Symmetrical Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$89.95

MARAPRMAY

Trade this Descending Triangle

TXT is showing a classic Descending Triangle. Don't miss the move.

View on TradingView View on TrendSpider

Quick Actions

Trade Plan: Descending Triangle

Risk/Reward

1:2

Entry

$86.77

Stop

$92.20

Target

$75.93

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Falling Wedge

Reversal pattern. Price likely to break upwards.

Symmetrical Triangle

Consolidation. Can break either way.

Market Analysis

Market participants tracking Textron should note the latest formation. Currently at $89.95, the asset is showing upward momentum (0.48%). Price action has carved out a classic Descending Triangle. The trend indicator is reading 25.1/100, suggesting moderate momentum. A potential breakout level is identified at $86.77, targeting $75.93 with support near $92.2 (R:R 2.0).

Community Sentiment

What is your outlook on TXT?

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