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Shares of Tjx Cos Inc Rise Above Previous 52-Week High

By Amy Schwartz

Shares of Tjx Cos Inc (NYSE:TJX) traded at a new 52-week high today of $58.17. So far today approximately 180,000 shares have been exchanged, as compared to an average 30-day volume of 5 million shares.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International.

Tjx Cos Inc share prices have moved between a 52-week high of $58.17 and a 52-week low of $41.49 and are now trading 40% above that low price at $58.16 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.5%.

There is potential upside of 57.9% for shares of Tjx Cos Inc based on a current price of $58.16 and an average consensus analyst price target of $91.82. The stock should find initial support at its 50-day moving average (MA) of $54.40 and further support at its 200-day MA of $52.48.

SmarTrend is tracking the current trend status for Tjx Cos Inc and will alert subscribers who have TJX in their portfolio or watchlist when shares have changed trend direction.

Keywords: 52 week high/lows tjx cos inc

Ticker(s): TJX