Time for Investors to Take the Plunge on Texas Instruments Inc. (NASDAQ:TXN)

Equity Research firms currently have a positive stance on shares of Texas Instruments Inc. (NASDAQ:TXN). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $72.10 on a short term basis.

At the time of writing, the stock was trading at $69.31. This represents a change from the opening price of -0.50%. In terms of performance, year to date, the stock is 29.56%. The monthly stock performance comes in at -0.06%. For the quarter, shares are performing at 14.34%. Weekly performance analysis shows the equity at 1.81%.

In taking a look at technical levels, shares are trading -0.25% away from the 50 day simple moving average and 16.02% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -3.99% away from it’s 52- week high and 51.20% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Texas Instruments Inc.’s RSI stands at 49.26. In looking at volatility levels, the shares saw weekly volatility of 1.32% and 1.50% over the past month.

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