• Return to Headlines

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

By James Quinn

Tjx Cos Inc (NYSE:TJX) traded at a new 52-week high today of $87.31. This new high was reached on below average trading volume as 561,000 shares traded hands, while the average 30-day volume is approximately 2.5 million shares.

The TJX Companies, Inc. is an off-price apparel and home fashion retailer in the United States and worldwide. The Company operates off-price retail concepts in the US, Canada, and Europe that offer a wide range of brand name and designer merchandise.

In the past 52 weeks, Tjx Cos Inc share prices have been bracketed by a low of $66.44 and a high of $87.31 and are now at $86.41, 30% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.4%.

There is potential upside of 4.9% for shares of Tjx Cos Inc based on a current price of $86.41 and an average consensus analyst price target of $90.65. The stock should discover initial support at its 50-day moving average (MA) of $76.72 and subsequent support at its 200-day MA of $72.21.

SmarTrend recommended that subscribers consider buying shares of Tjx Cos Inc on February 16th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $78.50. Since that recommendation, shares of Tjx Cos Inc have risen 9.0%. We continue to monitor TJX for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows tjx cos inc

Ticker(s): TJX