The TJX Companies, Inc. is an off-price apparel and home fashions retailer in the U.S. and worldwide. Co.'s segments include Marmaxx and HomeGoods, TJX Canada and TJX International. The TJ Maxx and Marshalls chains in the U.S. sell family apparel, including footwear and accessories, home fashions, including home basics, decorative accessories, and giftware and other merchandise. The HomeGoods segment operates HomeGoods and Homesense chains. HomeGoods offers an eclectic assortment of home fashions, including furniture, rugs, lighting, soft home, decorative accessories, tabletop, and cookware, as well as expanded pet and gourmet food departments.
When researching a stock like TJX Companies, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from TJX Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for TJX stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the TJX 200 day moving average ("TJX 200 DMA"), while one of the most popular "shorter look-backs" is the TJX 50 day moving average ("TJX 50 DMA"). A chart showing both of these popular moving averages is shown on this page for TJX Companies. |
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Video: Technical Analysis