US stock / ETF

TJX Companies, Inc. (The)

TJX · NYSE · USD

1 hourBearish85%
1h Downside probability 85%Bearish

TJX 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $126.49 and stabilize above resistance $127.8.

Invalidation Trigger

Break above $127.8 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 43.3, MACD 0.042

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5488 (0.44%)

1h

EMA Structure

Bearish
EMA 8$126.22Bearish
EMA 21$126.49Bearish
EMA 50$127.55Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.3 · MACD 0.042

Momentum is weak

Strength
Bearish
Volatility
ATR $0.5488 · BB 1.65%

Low volatility

Strength
Bullish
Volume
MFI 30.5 · OBV -1.43%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$124.97 - $127.8

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+1.85% · 4.2 ATR above latest close

$128.35
Nearest resistance

+1.41% · 3.2 ATR above · 34-bar high

$127.8
Current price

Price shown is delayed

$126.02
Nearest support

-0.83% · 1.9 ATR below · 34-bar low

$124.97
Deeper support zone

-1.27% · 2.9 ATR below latest close

$124.42
ATR zone

Latest close ± ATR14

$125.47 - $126.57

Indicators

Trend

Dow Theory Structure

Confirmation $124.97, invalidation $126.73

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

20.6 / 34.7 / 33.8Bullish
Supertrend (10,3)

Price is above Supertrend

$123.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$126.38 / $128.69Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Volatility

ATR (14)

Low volatility

$0.5488 (0.44%)Bullish
Bollinger Bands (20,2)

Width 1.65%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$127.87 / $125.05Bullish
ATR channel lower / upper

Current Volatility Envelope

$125.47 / $126.57Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$127.8Range
Support

Nearest Downside Decision Level

$124.97Range

Momentum

RSI (14)

Momentum is weak

43.3Bearish
MACD (12,26,9)

Histogram is positive

0.042Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.1 / 42.9Bearish
Williams %R (14)

Neutral zone

-62.9Range
CCI (20)

Balanced zone

-76.3Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.5Bearish
OBV slope

20-period OBV slope

-1.43%Bearish
Volume ratio

Relative to 20-period average volume

5.22xBullish

Trend

Dow Theory Structure

Confirmation $124.97, invalidation $126.73

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

20.6 / 34.7 / 33.8Bullish
Supertrend (10,3)

Price is above Supertrend

$123.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$126.38 / $128.69Bearish
Donchian Channel (20)

20-period breakout channel position

37%Range

Momentum

RSI (14)

Momentum is weak

43.3Bearish
MACD (12,26,9)

Histogram is positive

0.042Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

37.1 / 42.9Bearish
Williams %R (14)

Neutral zone

-62.9Range
CCI (20)

Balanced zone

-76.3Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.5488 (0.44%)Bullish
Bollinger Bands (20,2)

Width 1.65%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$127.87 / $125.05Bullish
ATR channel lower / upper

Current Volatility Envelope

$125.47 / $126.57Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.5Bearish
OBV slope

20-period OBV slope

-1.43%Bearish
Volume ratio

Relative to 20-period average volume

5.22xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$127.8Range
Support

Nearest Downside Decision Level

$124.97Range

Related Forecasts