Add as a preferred source on GoogleTexas Instruments Closes Above Three Daily EMAs as Short-Term Signals Diverge
Shares remained below the 15-minute 20-period EMA, while the 15-minute RSI and MACD line pointed to weaker short-term momentum.
Texas Instruments ended Wednesday, Oct. 21, above its 20-, 50- and 200-day exponential moving averages, while intraday readings lagged those daily trend measures, showing a split across trading windows.
At the close, shares were above the 20-day EMA at $280.23, the 50-day EMA at $277.49 and the 200-day EMA at $257.22. They remained below the 15-minute 20-period EMA of $285.96.
Shorter-term momentum measures were also mixed. The 15-minute relative strength index (RSI) was 47.53, while the moving average convergence divergence (MACD) line was 0.84, below its 1.44 signal line.
The readings point in different directions across daily and 15-minute windows. TokenPost previously covered the after-hours share move and fourth-quarter outlook.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.