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

Auto-detected technical analysis for TXN · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$283.63last close · Aug 4, 202652-week range $152.73 – $334.03 · 15.09% below the high
Falling Wedge · playing out now

TXN just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 65% of the time.

As long as price stays above $279.2, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $308.8 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

TXN Falling Wedge Pattern

TXN is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

DirectionBullishTarget$308.81Projected move+9.5%Breakout level$281.40

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

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
TXN win rate
62.5%

Historical pattern statistics (2006-08-04 – 2026-08-03), 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 @ $146.29Win+1.63R
Falling WedgeDec 9, 2024 @ $192.03Mar 13, 2025 @ $173.25Win+1.26R
Falling WedgeOct 29, 2024 @ $207.27Dec 10, 2024 @ $190.18Loss-1.19R
TriangleOct 2, 2024 @ $201.99Nov 6, 2024 @ $214.97Loss-1.33R
Bullish PennantJun 28, 2024 @ $197.67Aug 2, 2024 @ $187.46Loss-1.74R
TriangleApr 3, 2024 @ $169.58Apr 26, 2024 @ $177.48Loss-1.25R
Falling WedgeFeb 16, 2024 @ $160.64Mar 14, 2024 @ $171.14Win+2.03R
TriangleApr 19, 2023 @ $177.02Apr 26, 2023 @ $167.37Win+2.05R
Rising WedgeFeb 8, 2023 @ $179.54Mar 31, 2023 @ $186.01Loss-1.09R
TriangleNov 4, 2022 @ $162.67Nov 21, 2022 @ $172.40Win+1.32R
Falling WedgeOct 4, 2022 @ $163.05Oct 11, 2022 @ $153.45Loss-1.15R
TriangleJun 7, 2022 @ $166.12Jul 1, 2022 @ $147.11Win+1.55R

TXN Support and Resistance Levels

On the weekly chart, the nearest level worth watching is a ceiling overhead near $430.96 — where price has stalled before.

  • There's no clear floor close by yet, so this one line is the main thing to watch — a ceiling often acts like a lid.
  • Watch how price behaves as it approaches $430.96 — that's where the next read tends to form.

Nearest auto-detected support sits near $274.97, resistance near $285.10. These are chart/swing-derived levels, not formula pivots.

Resistance
$285.10$301.17$313.21$314.40$316.14$324.17$329.88$334.03$335.48$432.27
Support
$274.97$152.65

TXN Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$277.49$285.58$275.12$283.63
Aug 3, 2026$272.83$273.34$264.74$269.04
Jul 31, 2026$284.06$285.11$273.59$275.74
Jul 30, 2026$276.82$283.58$274.35$278.76
Jul 29, 2026$278.58$281.62$268.76$271.30
Jul 28, 2026$275.46$282.81$273.45$277.07
Jul 27, 2026$281.79$284.33$273.67$279.41
Jul 24, 2026$281.11$283.89$276.30$279.58
Jul 23, 2026$277.30$288.33$274.10$284.99
Jul 22, 2026$285.21$296.25$285.21$294.19

TXN Frequently Asked Questions

What chart pattern is TXN forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Texas Instruments (TXN) on the daily chart, with a measured-move target of $308.81.
Is a falling wedge bullish or bearish?
The falling wedge detected on TXN is a bullish pattern, projecting a measured-move target of $308.81. 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 (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for TXN?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), TXN's nearest support is around $274.97 and nearest resistance around $285.10.
What is the price target if TXN's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $308.81 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was TXN's closing price on Aug 4, 2026?
Texas Instruments (TXN) last closed at $283.63 on Aug 4, 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.