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 7.53% return on risk over the next 7 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 $0.35 would be kept by the premium seller. The risk of $4.65 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 67.89 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for TJX
3 Top Retail Stocks to Buy in March
Wed, 07 Mar 2018 16:29:00 +0000
Five Below is one of several retailing businesses that proved resilient over the recent holiday season.
4 Cheap Retail Stocks That Can Outperform
Wed, 07 Mar 2018 16:20:00 +0000
Despite growth in e-commerce, traditional retailers are still kicking, creating bargain opportunities for value-investors.
3 Reasons to Buy This Dividend Aristocrat in the Making
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
Five Companies Hit 52-Week Highs
Tue, 06 Mar 2018 15:59:24 +0000
Multiple companies have achieved recently yearly highs
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