This Is What Whales Are Betting On Texas Instruments
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Texas Instruments (NASDAQ:TXN), with 53% of investors opening trades with bullish expectations. The whale has been targeting a price range from $182.5 to $220.0 for Texas Instruments over the last 3 months. The price of TXN is up 1.52% at $186.68, with RSI indicators suggesting the stock may be approaching overbought.
July 25, 2023 | 5:32 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
A whale investor has taken a bullish stance on Texas Instruments, with the majority of investors also bullish. The stock price is up and may be approaching overbought.
The bullish stance of a whale investor, along with the majority of other investors, indicates a positive sentiment towards Texas Instruments. This, combined with the stock price increase, suggests a potential short-term positive impact on the stock. However, the RSI indicators suggest the stock may be approaching overbought, which could lead to a price correction in the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100