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TXNM

TXNM Energy, Inc.

TXNM Energy, Inc. (TXNM) is currently in a downtrend, trading below both the 50-day and 200-day moving averages. RSI is at 46.4, with 0/3 trend checks passing.

Price
$57.11
2026-07-16
Trend score
0/3
Downtrend
RSI (14)
46.4
Neutral
Price above MA50Price above MA200MA50 above MA200
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TXNM with MA50 and MA200

59.4858.7157.9457.1756.4007/3110/2401/2204/1707/15
TXNM2025-07-312026-07-15
PriceMA50MA200
Technical Indicators

Key levels & signals

MA50
$58.13-1.75% vs price
MA200
$58.31-2.06% vs price
RSI (14)
46.4Neutral zone
MACD Signal
BullishMomentum above signal
Macro Support
$55.64–$58.690.0% below price · 7 touches
Support Quality
7 touches1.1× zone volume
Chart Summary
Trend summary for TXNM

TXNM Energy, Inc. (TXNM) currently looks weaker on the chart and is not showing much trend strength. The latest available price is $57.11, and 0 of 3 core trend checks are currently passing. Price is trading below the 50-day moving average by 1.8% and below the 200-day moving average by 2.1%.

Momentum and stretch context

TXNM currently has an RSI reading of 46.4, which sits in a neutral range. That usually means momentum is not especially stretched in either direction, so traders may need to rely more on chart structure than on oscillator extremes alone.

What traders may watch next

For traders reviewing TXNM next, the main question is whether weakness is starting to stabilise or whether the chart still looks vulnerable to further downside. Some traders may watch for bounce attempts, but others will want to see stronger proof that the trend is improving before treating the stock as a cleaner setup.

Company profile

About TXNM Energy, Inc.

TXNM Energy, Inc., through its various subsidiaries, supplies electricity and related services across the United States. Its operations are organized into two main divisions: Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). The PNM segment is responsible for producing, transmitting, and distributing electrical energy. This division either owns or leases essential assets, including communication systems, office and other equipment, office spaces, vehicles, and real estate. PNM generates electricity from a diverse portfolio of sources such as coal, natural gas, oil, nuclear fuel and waste, alongside renewables like solar, wind, geothermal, and battery storage. In contrast, the TNMP segment focuses on providing regulated transmission and distribution infrastructure. It also maintains a fleet of vehicles, service facilities, and office locations, which are either owned or leased throughout its service area. The company delivers power to residential, commercial, and industrial consumers, as well as other electricity end-users in New Mexico and Texas. Originally established in 1882 and headquartered in Albuquerque, New Mexico, the company adopted its current name, TXNM Energy, Inc., in August 2024, having previously operated as PNM Resources, Inc.

Sector
Utilities
Industry
Regulated Electric
CEO
Joseph D. Tarry
Employees
1,755
Market cap
$6.32B
Beta
0.17
52-week range
$55.64 – $59.53
Dividend
Yes · $1.66
Exchange
NYSE
Country
US
IPO date
21 Feb 1973
ISIN
US69349H1077
CUSIP
69349H107
Company profile data from Financial Modeling Prep. TXNM listed on NYSE.
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FAQ

Common questions about TXNM

Is this page a buy or sell recommendation?

No. This page is designed to help you review chart structure, momentum and technical context more quickly, but it is not personal financial advice.

Why can a stock look bullish and overbought at the same time?

Strong trending stocks can still become stretched in the short term. That is why trend traders and dip buyers can read the same chart differently.

What should I do next after reading this page?

Open the full dashboard, review the chart in more detail, compare indicators, and decide whether the setup still makes sense within your own process.