TARGET CORP (TGT)

US87612E1064 - Common Stock

131.48  +1.05 (+0.81%)

After market: 131.85 +0.37 (+0.28%)

Technical Rating and Analysis

1

Taking everything into account, TGT scores 1 out of 10 in our technical rating. TGT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
77% of all other stocks performed better in the past year than TGT.
TGT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TGT is lagging the market.
TGT has an average volume of 6874110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TGT is part of the Consumer Staples Distribution & Retail industry. There are 43 other stocks in this industry, TGT did better than 40% of them.
In the last month TGT has a been trading in the 121.26 - 138.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
TGT Weekly chart
TGT Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, TGT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 126.37, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

123.75

178.53

When analyzing the support we notice one important area.

  • A support zone ranging from 125.00 to 126.37. This zone is formed by a combination of multiple trend lines in the weekly time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 131.55 to 135.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @151.76 from a trend line in the weekly time frame.
  • A resistance zone ranging from 154.81 to 160.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @176.76 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.27
Mansfield-2.08
10 Day High138.11
10 Day Low129.35
20 Day High138.11
20 Day Low121.26
52 Week High181.86
52 Week Low120.21
Performance
1 Week-2.26%
2 Weeks-0.69%
1 Month8.13%
3 Month-15.04%
6 Month-10.03%
12 Month-6.22%
2 Year-11.78%
3 Year-43.19%
5 Year2.55%
10 Year73.21%
15 Year171.82%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.52
RSI(14)42.03
LBB128.23
UBB136.9
TGT Daily chart

TARGET CORP

NYSE:TGT (12/20/2024, 8:04:00 PM)

After market: 131.85 +0.37 (+0.28%)

131.48

+1.05 (+0.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0.81%
1 Week-2.26%
2 Weeks-0.69%
1 Month8.13%
3 Month-15.04%
6 Month-10.03%
12 Month-6.22%
2 Year-11.78%
3 Year-43.19%
5 Year2.55%
10 Year73.21%
15 Year171.82%
Volatility
ATR(14)3.15
ATR(20)%2.7%
ATR Inc-31.94%
Range Today2.96
ADR(20)3.21
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.27
Mansfield-2.08
10 Day High138.11
10 Day Low129.35
20 Day High138.11
20 Day Low121.26
52 Week High181.86
52 Week Low120.21
CS1 End126.37
CR1 Start131.55
Volume & EV
DER(3)-0.46%
DER(5)-0.17%
Volume7.19M
Volume Incr-46.11%
Vol(5)6.07M
Vol(50)6.87M