T.J. Maxx Stock Technical Analysis

TJX
 Stock
  

USD 62.70  0.98  1.54%   

As of the 9th of August, T.J. Maxx has the Risk Adjusted Performance of 0.019, semi deviation of 2.23, and Coefficient Of Variation of 9004.35. Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of TJX Companies, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We are able to break down nineteen technical drivers for TJX Companies, which can be compared to its competition. Please validate TJX Companies market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if T.J. Maxx is priced fairly, providing market reflects its prevalent price of 62.7 per share. Given that TJX Companies has jensen alpha of 0.0643, we advise you to double-check TJX Companies's current market performance to make sure the company can sustain itself next year.
  

T.J. Maxx Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as T.J. Maxx, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to T.J. Maxx
T.J. Maxx's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

T.J. Maxx Analyst Consensus

Target PriceAdvice# of Analysts
85.47Buy15Odds
TJX Companies current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most T.J. Maxx analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand T.J. Maxx stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of TJX Companies, talking to its executives and customers, or listening to T.J. Maxx conference calls.
T.J. Maxx Analyst Advice Details
T.J. Maxx technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of T.J. Maxx technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of T.J. Maxx trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

TJX Companies Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of TJX Companies volatility developed by Welles Wilder.
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TJX Companies Trend Analysis

Use this graph to draw trend lines for TJX Companies. You can use it to identify possible trend reversals for T.J. Maxx as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual T.J. Maxx price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

T.J. Maxx Best Fit Change Line

The following chart estimates an ordinary least squares regression model for TJX Companies applied against its price change over selected period. The best fit line has a slop of   0.047693  , which may imply that TJX Companies will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 86.03, which is the sum of squared deviations for the predicted T.J. Maxx price change compared to its average price change.

About T.J. Maxx Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of TJX Companies on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of TJX Companies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on TJX Companies stock first instead of the macroeconomic environment surrounding TJX Companies. By analyzing T.J. Maxx's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of T.J. Maxx's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to T.J. Maxx specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2014 2020 2022 (projected)
Long Term Debt to Equity0.30.380.560.5
Interest Coverage107.8440.4839.2168.12

T.J. Maxx August 9, 2022 Technical Indicators

Most technical analysis of T.J. Maxx help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for T.J. Maxx from various momentum indicators to cycle indicators. When you analyze T.J. Maxx charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

T.J. Maxx August 9, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as T.J. Maxx stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Additionally, take a look at World Market Map. Note that the TJX Companies information on this page should be used as a complementary analysis to other T.J. Maxx's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running TJX Companies price analysis, check to measure T.J. Maxx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T.J. Maxx is operating at the current time. Most of T.J. Maxx's value examination focuses on studying past and present price action to predict the probability of T.J. Maxx's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move T.J. Maxx's price. Additionally, you may evaluate how the addition of T.J. Maxx to your portfolios can decrease your overall portfolio volatility.
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Is T.J. Maxx's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of T.J. Maxx. If investors know T.J. Maxx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about T.J. Maxx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.11
Market Capitalization
73.6 B
Quarterly Revenue Growth YOY
0.13
Return On Assets
0.1
Return On Equity
0.57
The market value of TJX Companies is measured differently than its book value, which is the value of T.J. Maxx that is recorded on the company's balance sheet. Investors also form their own opinion of T.J. Maxx's value that differs from its market value or its book value, called intrinsic value, which is T.J. Maxx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because T.J. Maxx's market value can be influenced by many factors that don't directly affect T.J. Maxx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between T.J. Maxx's value and its price as these two are different measures arrived at by different means. Investors typically determine T.J. Maxx value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T.J. Maxx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.