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Bearish Moving Average Cross by Tjx Cos Inc (TJX)

By James Quinn

Tjx Cos Inc (NYSE:TJX) crossed under its 10-day moving average of $52.97 on a volume of 419K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Tjx Cos Inc has traded in a range of $41.49 to $56.64 and is now at $52.26, 26% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

SmarTrend is monitoring the recent change of momentum in Tjx Cos Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Tjx Cos Inc in search of a potential trend change.

Keywords: moving crosses tjx cos inc

Ticker(s): TJX