TARGET CORP (TGT) Stock Technical Analysis
NYSE:TGT - New York Stock Exchange, Inc. - US87612E1064 - Common Stock - Currency: USD
Taking everything into account, TGT scores 0 out of 10 in our technical rating. TGT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, TGT is a bad performer in the overall market: 88% of all stocks are doing better.
TGT is part of the Consumer Staples Distribution & Retail industry. There are 40 other stocks in this industry, of which 82% are performing better than TGT.
TGT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month TGT has a been trading in the 87.35 - 98.48 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
TGT has an average volume of 8837240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, TGT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 95.10, a Stop Loss order could be placed below this zone.
More info and screens
87.87
160.84
When analyzing the support we can see 2 important areas.
- A support zone ranging from 92.78 to 95.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @88.76 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 96.58 to 96.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 120.89 to 121.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @139.04 from a trend line in the weekly time frame.
- Resistance @159.25 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.79
Mansfield-2.89
10 Day High97.99
10 Day Low90.23
20 Day High98.48
20 Day Low87.35
52 Week High167.4
52 Week Low87.35
Performance
1 Week0.69%
2 Weeks6.09%
1 Month-9.27%
3 Month-30.41%
6 Month-36.38%
12 Month-39.27%
2 Year-26.7%
3 Year-40.72%
5 Year-21.55%
10 Year20.99%
15 Year75.99%
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)1.22
RSI(14)44.93
LBB90.42
UBB98.29
95.97
-0.73 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.75%
1 Week0.69%
2 Weeks6.09%
1 Month-9.27%
3 Month-30.41%
6 Month-36.38%
12 Month-39.27%
2 Year-26.7%
3 Year-40.72%
5 Year-21.55%
10 Year20.99%
15 Year75.99%
Volatility
ATR(14)3.13
ATR(20)%5.16%
ATR Inc-42.36%
Range Today1.98
ADR(20)4.5
ADR(20)%4.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.79
Mansfield-2.89
10 Day High97.99
10 Day Low90.23
20 Day High98.48
20 Day Low87.35
52 Week High167.4
52 Week Low87.35
CS1 End95.1
CR1 Start96.58
Volume & EV
DER(3)0.12%
DER(5)-0.2%
Volume5.44M
Volume Incr-42.81%
Vol(5)5.48M
Vol(50)8.84M