TJX COMPANIES INC (TJX) Stock Technical Analysis
NYSE:TJX - US8725401090 - Common Stock
138.57 USD
+1.96 (+1.43%)
138.47 USD
-0.1 (-0.07%)
We assign a technical rating of 10 out of 10 to TJX. Both in the recent history as in the last year, TJX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that TJX is one of the better performing stocks in the market, outperforming 72% of all stocks. We also observe that the gains produced by TJX over the past year are nicely spread over this period.
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.
TJX has an average volume of 5207410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TJX is an average performer in the Specialty Retail industry, it outperforms 63% of 123 stocks in the same industry.
In the last month TJX has a been trading in the 128.48 - 145.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, TJX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
109.59
139.97
We found 3 important support areas.
- A support zone ranging from 121.20 to 126.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @119.13 from a horizontal line in the daily time frame.
- Support @110.70 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 138.58 to 138.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TJX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TJX is up. |
| ChartMill Relative Strength | 72.59 | POSITIVE | TJX has a high relative strength, it outperformed 72.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TJX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TJX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TJX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.64 | NEUTRAL | The RSI value for TJX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests TJX has a positive trend. |
| Stochastics (14,3) | 41.56 | NEUTRAL | The Stochastics value for TJX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for TJX suggests low volalility. |
| Average Directional Index/ADX (14) | 36.91 | POSITIVE | The high ADX value value for TJX suggests a strong trend. |
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)
138.57
+1.96 (+1.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.43%
1 Week2.27%
2 Weeks4.14%
1 Month7.24%
3 Month7.88%
6 Month16.18%
12 Month19.85%
2 Year55.91%
3 Year123.07%
5 Year149%
10 Year288.04%
15 Year1141.94%
Volatility
ATR(14)2.49
ATR(20)%1.66%
ATR Inc-17.64%
Range Today2.4
ADR(20)2.12
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.59
Mansfield0.35
10 Day High145.58
10 Day Low133.34
20 Day High145.58
20 Day Low128.48
52 Week High145.58
52 Week Low111.22
CS1 End126.36
CR1 Start138.58
Volume & EV
DER(3)2.11%
DER(5)1.8%
Volume5.28M
Volume Incr-6.37%
Vol(5)5.12M
Vol(50)5.21M