Tjx's 15min chart triggers RSI Overbought, KDJ Death Cross signals.

The 15-minute chart for TJX has triggered an overbought RSI and a KDJ death cross on August 6, 2025 at 15:45. This suggests that the stock price has risen too quickly and is no longer supported by fundamental values, indicating a shift in momentum towards the downside and a potential for further decline.

On August 6, 2025, at 15:45, the 15-minute chart for TJX Companies (NYSE:TJX) triggered an overbought Relative Strength Index (RSI) and a KDJ death cross. These technical indicators suggest that the stock price has risen too quickly and is no longer supported by fundamental values, indicating a potential shift in momentum towards the downside and a potential for further decline.

The RSI, a momentum oscillator, measures the speed and change of price movements. An RSI reading above 70 is considered overbought, indicating that the asset may be overvalued and due for a correction. The KDJ death cross, a combination of the K and D lines in the KDJ indicator, signals a potential reversal when the lines cross over each other.

TJX Companies reported a quarterly earnings of $0.92 per share, beating analysts' expectations and achieving a revenue of $13.11 billion for the quarter [1]. However, the recent technical indicators suggest that the stock's price may not be aligned with its fundamentals. Several institutional investors have increased their holdings in TJX Companies, with Shell Asset Management Co. raising its stake by 16.5% following similar increases from other firms [1]. Despite the positive earnings report, the technical indicators suggest that the stock may be due for a correction.

The stock's current price is $129.12, with a 50-day moving average of $125.08 and a 200-day moving average of $124.56 [1]. The company has a current ratio of 1.16, a quick ratio of 0.51, and a debt-to-equity ratio of 0.34. The company's market cap is $144.24 billion, with a PE ratio of 30.38, a PEG ratio of 2.94, and a beta of 0.89 [1].

Investors should closely monitor TJX Companies' stock price and consider the potential implications of the recent technical indicators. While the earnings report was positive, the overbought RSI and KDJ death cross suggest that the stock may be overvalued and due for a correction.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-westfield-capital-management-co-lp-sells-3082-shares-of-the-tjx-companies-inc-nysetjx-2025-08-05/