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Archive - 4/17/2025 - Sign In to see current Signals. |
TJX Companies Inc. (TJX) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the TJX Companies Inc. (TJX). During the week, the TJX gave back -0.58 points, or -0.45%, and closed at 127.62 on Thursday, April 17, 2025. Weekly volume was 13% above average. TJX is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See TJX long-term trend chart] A long-term uptrend had started on May 17, 2022 at 53.69 and reached 131.30 on April 15, 2025. TJX gained -77.61 points, or -144.55%, in 152 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 120.96 and resistance is at 137.02. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
Medium-term trend: [See TJX medium-term trend chart] A medium-term uptrend had started on March 13, 2025 at 112.10 and reached 131.30 on April 15, 2025. TJX gained -19.20 points, or -17.13%, in 4 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 118.42 and resistance is at 132.16. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See TJX weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since December 27, 2024. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See TJX short-term trend chart] A short-term uptrend had started on April 7, 2025 at 116.40 and reached 131.30 on April 15, 2025. TJX gained -14.90 points, or -12.80%, in 8 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See TJX daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since March 21, 2025. This is an indication that the short-term trend is up. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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