TJX's most recent trend suggests a bullish bias. One trading opportunity on TJX is a Bull Put Spread using a strike $82.50 short put and a strike $77.50 long put offers a potential 20.48% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $82.50 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock dropped below the $77.50 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for TJX is bearish and the probability of a decline 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 65.04 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for TJX
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Thu, 08 Mar 2018 13:55:00 +0000
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Wed, 07 Mar 2018 16:29:00 +0000
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Wed, 07 Mar 2018 16:20:00 +0000
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Tue, 06 Mar 2018 23:22:00 +0000
This retailer needs just three more years of dividend raises before it meets the 25-year threshold.
Ruane Cunniff Comments on TJX
Tue, 06 Mar 2018 22:42:42 +0000
Guru stock highlight
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