Score 9.1 (out of 10): TJX COMPANIES poised to seasonally rally by +9.5% during the next 90 days

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What’s Going On Here?

TJX COMPANIES indicates an interesting 90 days seasonal set up. During similar occasions, TJX COMPANIES shares had a median return of +9.5% – based on 9 historical occasions with 8 of those showing positive returns (89%). This buy signal for TJX COMPANIES received a high score of 9.1 (out of 10). This insight was generated with last price of 82.06.

TJX COMPANIES is in the Retail-Major Dept Store business. Based on the last 2 years’ risk/return profile, this asset is seen as Moderate Risk. Ticker symbol: TJX US.

Previous Signal Returns:

12.7% (July-2022), 9.3% (July-2021), 9.8% (July-2020), 7.4% (July-2019), 14.7% (July-2018), 6.4% (July-2017), -2.6% (July-2016), 9.7% (July-2015), 9.7% (July-2014)

We found 90 days to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 89.82 (+9.5%) has been reached. Based on TJX COMPANIES’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 80.46 (last price at 82.06), which is equivalent to a -1.9% decline.

Historical Chart:

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