Pure Technical Analysis of The TJX Companies, Inc.
Part1: An Overview of the Analysis
This look at The TJX Companies, Inc. begins with a Classical Time Series Analysis of the historical stock prices, providing a vantage point over patterns that will be explored in greater detail in the following chapters. See TJX Classical Analysis.
Understanding Price Volatility behaviour is essential to assessing the risk associated with positions across different time spans. See The TJX Companies, Inc. Price Volatility.
This section shows historical volumes for sales of TJX stock, along with Seasonal and Cyclical Trends in Volume. See TJX Historical Volume.
The Traditional Seasonal Analysis of Price Trends can still yield valuable predictive information. See TJX Seasonal Trends.
One of the most popular indicators, the Moving Average, comes in many variations. Here we test the predictive ability of different averages as applied to prediction of The TJX Companies, Inc. prices. See Running Averages.
Part 2: Technical Analysis Topics
Some say that modern analysis began with the successful identification of technical oscillators such as the highly effective Wilder RSI. See Technical Oscillators
Price Analysis according to Political Factors reveals some surprising results. Computing trends against the November based political calendar may give better predictions than the traditional calculations based on the January calendar year! See Politics and Prices of TJX.
Volume Stratification Analysis (or VSA) follows price behavior in relation to historical volumes of TJX stock sales. Knowledge of these behaviors gives us a quantitative metric useful for understanding Support or Resistance Levels, and predicting their strength. See Volumetric Analysis
Analysis of Market Momentum as the product of Price and Volume drives an interpretation considerably more sophisticated than those that consider Price Momentum alone. See Momentum Investing Indicators.
The mood of the market toward The TJX Companies, Inc. show up in the Daily Closing Altitude and other Sentiment Indicators. See Market Sentiment.
This section visualizes mappings based on the number of consecutive price movements in a particular direction. A discussion of the "Monte Carlo Fallacy" and it's relevance to Stock Price Prediction leads to a revisionist method of Price Projection using the Bernoulli Analysis. See Bernoulli Analysis of The TJX Companies, Inc.
Japanese Candlesticks have a long history, but continue to be used because some of their best concepts are based on universal Investor Psychology. See Candlestick Analysis.
Ordinary analysis does not show the features of the behavioral history underneath the price volume line. Here multi-spectral analysis brings the hidden features to the surface. See Multi-Spectral Analysis.
Combining the historical behavior surfaces with the geometry of long standing periodic price oscillations yields a behavior surface of more than three dimensions which has an extremely low residual error compared to other methods of analysis. See Price Behavior Surfaces.
Part 3: Advanced Forecasting Topics
Predictions and Forecasts. What will happen to TJX over the next few months? See TJX Price Predictions.