Texas Instruments had its Relative Strength (RS) Rating upgraded from 68 to 71 Wednesday — a welcome improvement, but still below the 80 or better score you prefer to see.
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This unique rating measures technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks typically have an 80 or higher RS Rating in the early stages of their moves. See if Texas Instruments can continue to rebound and hit that benchmark.
Texas Instruments is working on a consolidation with a 220.38 buy point. See if the stock can break out in volume at least 40% higher than normal.
Regarding top and bottom line numbers, Texas Instruments has posted four quarters of rising earnings growth. Top line growth has also risen during the same period.
Texas Instruments holds the No. 5 rank among its peers in the Electronics-Semiconductor Manufacturing industry group. MACOM Tech Solutions is the No. 1-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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