TJX COMPANIES INC (TJX) Stock Technical Analysis
NYSE:TJX - New York Stock Exchange, Inc. - US8725401090 - Common Stock
Overall TJX gets a technical rating of 8 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, TJX did better than 79% of all other stocks. On top of that, TJX also shows a nice and consistent pattern of rising prices.
TJX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TJX is lagging the market slightly.
In the last month TJX has a been trading in the 117.89 - 125.23 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TJX has an average volume of 5135260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TJX is part of the Specialty Retail industry. There are 119 other stocks in this industry, TJX did better than 66% of them.
Besides having an excellent technical rating, TJX also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 126.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 122.18, a Stop Loss order could be placed below this zone.
More info and screens
106.21
128.47
We found 4 important support areas.
- A support zone ranging from 119.11 to 122.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @116.27 from a trend line in the daily time frame.
- A support zone ranging from 110.10 to 112.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @107.28 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 126.09 to 127.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.11
Mansfield0.11
10 Day High124.49
10 Day Low117.89
20 Day High125.23
20 Day Low117.89
52 Week High128
52 Week Low92.35
Performance
1 Week2.79%
2 Weeks1.4%
1 Month1.13%
3 Month7.69%
6 Month9.6%
12 Month27.17%
2 Year49.73%
3 Year70.31%
5 Year107.61%
10 Year271.76%
15 Year1189.87%
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)0.2
RSI(14)53.68
LBB118.61
UBB123.22
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 |
|---|---|---|---|
| 124.50 | 119.10 | 5.40 (4.33%) | 23.08% |
| An entry @124.50. This is a Buy Stop order right above the 10 day high. | An exit @119.10. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.40 points, which is 4.33%. | For a 1.00% total portfolio risk, you can invest 23.08% of your capital in this trade. |
- 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.
TJX COMPANIES INC
NYSE:TJX (1/22/2025, 4:39:50 PM)
After market: 122.57 0 (0%)122.57
-0.73 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.59%
1 Week2.79%
2 Weeks1.4%
1 Month1.13%
3 Month7.69%
6 Month9.6%
12 Month27.17%
2 Year49.73%
3 Year70.31%
5 Year107.61%
10 Year271.76%
15 Year1189.87%
Volatility
ATR(14)1.99
ATR(20)%1.65%
ATR Inc20.7%
Range Today2.14
ADR(20)1.89
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.11
Mansfield0.11
10 Day High124.49
10 Day Low117.89
20 Day High125.23
20 Day Low117.89
52 Week High128
52 Week Low92.35
CS1 End122.18
CR1 Start126.09
Volume & EV
DER(3)0.25%
DER(5)-0.21%
Volume4.26M
Volume Incr-10.97%
Vol(5)4.51M
Vol(50)5.14M