TJX's most recent trend suggests a bearish bias. One trading opportunity on TJX is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 7.53% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 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 rose above the $60.00 long call 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 down which suggests that the medium-term momentum for TJX is bearish.
The RSI indicator is at 26.73 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for TJX
Final Glance: Specialty Retail companies
Mon, 02 Jun 2014 22:02:25 GMT
Final Glance: Specialty Retail companies
Mon, 02 Jun 2014 22:02:25 GMT
Final Glance: Department Store Retail companies
Mon, 02 Jun 2014 22:02:24 GMT
Final Glance: Department Store Retail companies
Mon, 02 Jun 2014 22:02:24 GMT
The TJX Companies, Inc. Prices $750 Million Notes Offering
Mon, 02 Jun 2014 21:14:00 GMT
Business Wire – The TJX Companies, Inc. , the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, today announced the pricing of the public offering of $750 million aggregate principal amount of notes due 2021.
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