TJX's most recent trend suggests a bullish bias. One trading opportunity on TJX is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 7.53% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $52.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for TJX is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for TJX is bullish.
The RSI indicator is at 75.76 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for TJX
Consumers Passing By the Mall This Holiday Season
Thu, 24 Oct 2013 16:40:00 GMT
TheStreet – NEW YORK ( TheStreet ) – Consumers aren't buying from retailers – at least not at the mall. They may be making purchases online, through mobile devices or hitting up discount retailers like TJX TJX, but …
Burlington Stores Quiet Period Expiration Provides Buying Opportunity
Thu, 24 Oct 2013 14:12:33 GMT
Market leading sectors
Wed, 23 Oct 2013 17:38:00 GMT
CNBC – Consumer discretionary is one of the biggest winners in the S&P today. CNBC Retail analyst Stacey Widlitz and Christopher King, Stifel Nicolaus Research, discuss if this trend will continue and what sectors …
Jim Cramer: Sell Black & Decker, But Buy Wal-Mart and These 3 Stocks
Wed, 23 Oct 2013 14:55:05 GMT
The TJX Companies' CEO Hosts 2013 Investor Event (Transcript)
Tue, 22 Oct 2013 22:30:04 GMT
Seeking Alpha – E-commerce is another substantial potential growth vehicle, and we plan to give customers many reasons to shop, both online and our brick-and-mortar businesses. Although, again, we're in no rush. We can …
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