TJX COMPANIES INC (TJX) Stock Technical Analysis
NYSE:TJX - New York Stock Exchange, Inc. - US8725401090 - Common Stock - Currency: USD
Overall TJX gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TJX is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that TJX is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, TJX also shows a nice and consistent pattern of rising prices.
TJX is one of the better performing stocks in the Specialty Retail industry, it outperforms 90% of 121 stocks in the same industry.
TJX is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so TJX slightly outperforms the market at the moment.
In the last month TJX has a been trading in the 113.98 - 131.30 range, which is quite wide. It is currently trading near the high of this range.
TJX has an average volume of 5945720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, TJX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 123.25, a Stop Loss order could be placed below this zone.
More info and screens
109.59
129.43
We found 2 important support areas.
- A support zone ranging from 120.23 to 123.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 110.70 to 115.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @128.15 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.95
Mansfield1.8
10 Day High131.3
10 Day Low116.37
20 Day High131.3
20 Day Low113.98
52 Week High131.3
52 Week Low93.32
Performance
1 Week0.12%
2 Weeks1.75%
1 Month9.78%
3 Month4.74%
6 Month8.42%
12 Month36.7%
2 Year61.91%
3 Year108.26%
5 Year160.18%
10 Year295.48%
15 Year1001.6%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.64
RSI(14)58.79
LBB118.47
UBB131.66
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 128.16 | 120.22 | 7.94 (6.20%) | 16.14% |
| An entry @128.16. This is a Buy Stop order right above the resistance zone. | An exit @120.22. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.94 points, which is 6.20%. | When investing 16.14% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
127.62
+1.31 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.04%
1 Week0.12%
2 Weeks1.75%
1 Month9.78%
3 Month4.74%
6 Month8.42%
12 Month36.7%
2 Year61.91%
3 Year108.26%
5 Year160.18%
10 Year295.48%
15 Year1001.6%
Volatility
ATR(14)4.56
ATR(20)%3.04%
ATR Inc-39.04%
Range Today1.8
ADR(20)3.8
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.95
Mansfield1.8
10 Day High131.3
10 Day Low116.37
20 Day High131.3
20 Day Low113.98
52 Week High131.3
52 Week Low93.32
CS1 End123.25
CR1 Start128.15
Volume & EV
DER(3)1.42%
DER(5)0.21%
Volume5.56M
Volume Incr-14.51%
Vol(5)6.03M
Vol(50)5.95M