TJX Companies, Inc. (TJX) stock price recorded slight gains in its latest intraday trading, as the stock attempts to recover part of its previous losses while also trying to unwind its oversold conditions on the RSI, especially with early positive signals appearing. However, the stock remains affected by breaking a short-term upward trend line, alongside continued negative pressure from trading below its SMA50, which limits the chances of a sustainable near-term recovery.

Therefore we expect the stock price to decline in upcoming trading, as long as it remains below the $152.00 resistance level, to target the $145.00 support level.

Todays price forecast: Bearish