GET DAILY SIGNALSA double-bottom for Texas Instruments (TXN) along with a bullish signal ahead of earnings
Chip stocks got beaten up pretty good in the last few weeks of March, but they bounced back on March 29 and again on April 1. One chip stock in particular that jumped out at me was Texas Instruments (Nasdaq: TXN) as the chart looks like the stock has formed a double-bottom pattern, it has strong fundamentals, and it got a bullish signal from Tickeron on March 29.
We see on the chart how the stock dropped to $103.35 on March 8 and then on March 28, it dropped to $103.63. Between the two lows, the stock rallied up to $112.98 and for the pattern to be confirmed, the stock will need to move above that level.
The Tickeron AI Trend Prediction tool produced the bullish signal on March 29 and that prediction showed a confidence level of 83%. The prediction calls for a gain of at least 4% in the next month. Previous predictions on Texas Instruments have been accurate 57% of the time.
Over the past three years, Texas Instruments has seen its earnings grow by an average of 9% per year. In the last quarterly report, they grew by 16%. Sales have also averaged an annual growth of 9% for the last three years, but they were down 1% in the last quarterly report.
The company’s management efficiency measurements are really strong with a return on equity of 55.6% and a profit margin of 40.6%.
Texas Instruments is set to report earnings again on April 22 and analysts expect the company to earn $1.13 per share and that would mark a drop of 16.3% on a year over year basis.
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Harry Richardson — Algorithmic Trader & Strategy Developer Harry is an algorithmic trader specializing in impulse and breakout trading strategies across cryptocurrency and equity markets. With more than 10 years of experience in developing automated trading systems, he focuses on building structured algorithms designed to capture momentum while maintaining strict risk control. His approach combines quantitative analysis, real-market execution, and continuous performance monitoring. Vitalii prioritizes risk management, drawdown control, and strategy stability over short-term optimization, ensuring algorithms are adaptable to changing market conditions. He has developed and tested hundreds of automated strategies, working extensively with live trading environments, forward testing, and portfolio-level algorithm management. His work centers on transforming trading ideas into fully operational, scalable automated systems.
Momentum Indicator for TXN turns positive, indicating new upward trend
TXN saw its Momentum Indicator move above the 0 level on October 23, 2026. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 91 similar instances where the indicator turned positive. In 59 of the 91 cases, the stock moved higher in the following days. The odds of a move higher are at 65%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for TXN just turned positive on October 26, 2026. Looking at past instances where TXN's MACD turned positive, the stock continued to rise in 29 of 45 cases over the following month. The odds of a continued upward trend are 64%.
TXN moved above its 50-day moving average on September 25, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for TXN crossed bullishly above the 50-day moving average on September 29, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 7 of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 39%.
Following a +1.31% 3-day Advance, the price is estimated to grow further. Considering data from situations where TXN advanced for three days, in 180 of 291 cases, the price rose further within the following month. The odds of a continued upward trend are 62%.
The Aroon Indicator entered an Uptrend today. In 125 of 236 cases where TXN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 53%.
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where TXN declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 60%.
TXN broke above its upper Bollinger Band on October 26, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is 7 (best 1 - 100 worst), indicating outstanding price growth. TXN’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 8 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Seasonality Score of 11 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Profit vs. Risk Rating rating for this company is 22 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock better than average.
The Tickeron SMR rating for this company is 29 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 81 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: TXN's P/B Ratio (15.871) is slightly higher than the industry average of (6.493). P/E Ratio (47.343) is within average values for comparable stocks, (21.736). Projected Growth (PEG Ratio) (0.991) is also within normal values, averaging (3.761). Dividend Yield (0.018) settles around the average of (0.011) among similar stocks. P/S Ratio (12.255) is also within normal values, averaging (45.794).
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a manufacturer of integrated circuit semiconductors and calculators
Industry Semiconductors
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