TJX price amid negative outlook - Forecast today - 19-04-2024

TJX Companies’ stock price (TJX) fell in the intraday levels, while hurt by piercing the upward short-term trend, with negative pressure from the 50-day SMA, countered with positive signals from the RSI after reaching oversold levels, hindering gains.

Therefore we expect more losses for the stock, targeting the support of $86.92, provided it settles below the resistance of $94.66. 

Trend forecast: Bearish