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TJX Stock Forecast & The TJX Companies Chart Analysis

This article provides a detailed analysis of TJX-The TJX Companies stock including a forecast for TJX shares. It features The TJX Companies, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

TJX Historical Data Review

TJX Current Price Performance Analysis

The The TJX Companies - TJX stock traded on the American stock market, on 06-05-2024, closed at 107.79$ with a %1.81 increased compared to the previous day.

In the last month, the price of TJX changed by %10.61 increased in value, from 97.45 dollars on 05-06-2024 to 107.79 dollars, increased.

Last year, the price of TJX was 78.67 dollars on 06-06-2023, and changed by %37.02 increased in value, to 107.79 dollars increased within a year.

The price of The TJX Companies stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

TJX with AI Stock Forecast & Price Target

TJX stock forecast The TJX Companies price target

On the TJX chart The TJX Companies price was recorded as 107.79 Dollars on 06/05/2024.

The artificial intelligence's forecast on TJX stock is as follows.

The artificial intelligence's prediction error margin for TJX stock is high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for The TJX Companies stock over the next 4 months is: 102.9 Dollars.

The commentary on TJX stock Target Price: Highest: 112.659 Dollars is predicted.

The commentary on TJX stock Target Price: Lowest: 93.432 Dollars is predicted.

Resistance Price where The TJX Companies stock will Rise and Fall:

Date Price Prediction
06-25-2024 104.309
10-23-2024 99.621
12-17-2024 105.632
02-10-2025 108.250

Support Price where The TJX Companies stock will Fall and Rise:

Date Price Prediction
09-03-2024 93.432
11-07-2024 99.353
01-06-2025 105.186
03-07-2025 107.600

The commentary on TJX stock: The target price can generally be said to be on the rise.

The commentary on TJX stock: Fluctuations in the target price can be expected in the coming days.

The target price for The TJX Companies stock by the end of 2024 is predicted to be 105.582 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on TJX stock, and the 2024 target price predictions for The TJX Companies are detailed above.

The technical analysis and charts for the commentary on TJX stock are below.

TJX Support & Resistance and Trend Analysis

TJX review The TJX Companies technical analysis trend chart TJX priceTJX stock support and resistance price chart

TJX stock you have reviewed the technical analysis support resistance charts regarding.

TJX : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the TJX review, the The TJX Companies support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

The TJX Companies Support and Resistance Prices:

TJX Support Level Price TJX Resistance Level Price
87.44 90.60
88.58 93.25
91.31 94.29
92.35 95.65
93.32 95.92
93.39 97.08
94.06 99.45
94.66 99.58
95.56 99.69
95.58 102.04
96.65 102.84
97.53 104.98

TJX Technical Analysis: SMA, RSI, MACD

TJX review The TJX Companies SMA chart analysis TJX priceTJX buy or sell review The TJX Companies MACD chart analysis TJX price

Upon reviewing the TJX chart, buy and sell signals have been generated in the The TJX Companies technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for TJX stock are as follows:
  1. The technical analysis for TJX indicates that the 14-period RSI has most recently generated a 'Sell' signal.
  2. The technical analysis for TJX indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  3. The technical analysis for The TJX Companies issued a 'Buy' signal when the MACD was at -0.859, with the current MACD value being: 2.337

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for The TJX Companies stock: Click here to read more predictions on The Progressive Corporation stock.

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