Texas Instruments (TXN) Volatility Rises; Shares Dip on Sector Weakness
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Texas Instruments Inc. (NYSE: TXN) is seeing some increased movement Wednesday as shares remain lower on the session following Dell's Q1 earnings report, which has hampered the tech sector today.
Market data has Texas Instruments volatility up 11 percent from Tuesday's close, currently up 127 percent over its daily annual average.
Shares are down 2.2 percent on the session, to nearly 6-month lows.
The stock is below its 50-day SMA and 200-day DMA levels, which it moved strongly above at the start of 2012, though Texas Instruments has been hanging below its 50-day since early April.
Market data has Texas Instruments volatility up 11 percent from Tuesday's close, currently up 127 percent over its daily annual average.
Shares are down 2.2 percent on the session, to nearly 6-month lows.
The stock is below its 50-day SMA and 200-day DMA levels, which it moved strongly above at the start of 2012, though Texas Instruments has been hanging below its 50-day since early April.
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