Texas Instruments(TXN)

Texas Instruments (TXN) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for TXN · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$294.19last close · Jul 22, 202652-week range $152.73$334.03 · 11.93% below the high

TXN Falling Wedge Pattern

TXN is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

A falling wedge usually breaks higher, but TXN is breaking lower out of it instead — a notably bearish turn. A breakout projects a measured-move target near $145.94 (−15.5%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; TXN's own falling wedges have hit 68.8%.

DirectionBearishTarget$145.94Projected move−15.5%Breakout level$173.41

New to this pattern? What a falling wedge is and how to trade it →

TXN's Most Recent Falling Wedge Trade

TXN's most recent completed falling wedge (which broke against type) resolved as a win: it broke down on Apr 3, 2025 near $171.84, then reached its target at $145.94 on Apr 7, 2025 — a 15.1% move (+1.66R) over 2 sessions. Across 132 backtested falling wedges, this setup wins 53.0% of the time.

OutcomeWinResult+15.1%R+1.66REntry$171.84Exit$145.94

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.4%
Avg return
+0.52R
Backtested trades
10,683
TXN win rate
68.8%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

TXN Pattern Trade History

Every completed pattern trade our nightly backtest found on TXN's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeApr 3, 2025 @ $171.84Apr 7, 2025 @ $145.94Win+15.4% · +1.66R
Falling WedgeDec 9, 2024 @ $192.03Mar 13, 2025 @ $172.93Win+9.9% · +1.28R
Falling WedgeOct 29, 2024 @ $207.27Dec 10, 2024 @ $190.18Loss+9.4% · -1.19R
Bullish PennantJun 28, 2024 @ $197.67Aug 2, 2024 @ $187.46Loss+8.3% · -1.74R
TriangleNov 4, 2022 @ $162.67Nov 21, 2022 @ $172.40Win+13.5% · +1.32R
Falling WedgeOct 4, 2022 @ $163.05Oct 11, 2022 @ $153.45Loss+7.2% · -1.15R
TriangleJun 7, 2022 @ $166.12Jul 1, 2022 @ $147.37Win+13.0% · +1.53R
TriangleMay 25, 2022 @ $170.80Jun 9, 2022 @ $161.58Loss+11.4% · -1.40R
TriangleDec 17, 2021 @ $187.38Jan 24, 2022 @ $172.49Win+8.8% · +1.19R
TriangleDec 3, 2021 @ $194.76Dec 17, 2021 @ $186.30Loss+9.1% · -1.14R
TriangleSep 10, 2021 @ $193.39Jan 7, 2022 @ $179.44Loss+6.4% · -1.22R
Bullish PennantAug 19, 2020 @ $139.75Nov 18, 2020 @ $153.55Win+13.9% · +0.96R

Falling Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about falling wedge

TXN Support and Resistance Levels

Price is bouncing off a floor near $287.77 and starting to climb. On the weekly chart, the next ceiling overhead sits near $354.08 — about 20% away.

  • Traders commonly watch $354.08 as a target (its 261.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $287.77 floor, where price is testing it now, not out here in the climb. Chasing once price pulls away tends to be worse odds.

TXN Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$285.21$296.25$285.21$294.19
Jul 21, 2026$296.11$297.59$290.07$291.30
Jul 20, 2026$288.31$292.69$283.49$284.07
Jul 17, 2026$282.89$289.25$279.23$284.02
Jul 16, 2026$293.51$294.76$288.50$291.22
Jul 15, 2026$312.01$312.01$295.51$301.19
Jul 14, 2026$309.02$310.57$301.89$305.55
Jul 13, 2026$308.52$308.52$296.81$298.57
Jul 10, 2026$304.20$312.93$303.40$311.46
Jul 9, 2026$309.85$315.34$305.41$308.53

TXN Frequently Asked Questions

What chart pattern is TXN forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Texas Instruments (TXN) on the daily chart, with a measured-move target of $145.94.
Is a falling wedge bullish or bearish?
The falling wedge detected on TXN is a bearish pattern, projecting a measured-move target of $145.94. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.
What is the price target if TXN's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $145.94 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was TXN's closing price on Jul 22, 2026?
Texas Instruments (TXN) last closed at $294.19 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.