TARGET CORP (TGT)

US87612E1064 - Common Stock

160.13  -0.52 (-0.32%)

After market: 160.2 +0.07 (+0.04%)

Technical Rating and Analysis

3

Taking everything into account, TGT scores 3 out of 10 in our technical rating. In the last year, TGT was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

In the last month TGT has a been trading in the 155.80 - 169.09 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
TGT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TGT is lagging the market slightly.
TGT has an average volume of 3219340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, TGT outperforms 51% of them, which is more or less in line with the market.
TGT is an average performer in the Consumer Staples Distribution & Retail industry, it outperforms 58% of 40 stocks in the same industry.
Weekly and Daily overview Charts
TGT Weekly chart
TGT Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, TGT does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 159.60, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

154.86

179.61

When analyzing the support we notice one important area.

  • A support zone ranging from 156.42 to 159.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 160.40 to 161.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @173.65 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 177.22 to 177.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS51.2
Mansfield0.24
10 Day High165.65
10 Day Low156.5
20 Day High169.09
20 Day Low155.8
52 Week High181.86
52 Week Low102.93
Performance
1 Week-1.84%
2 Weeks1.32%
1 Month-4.85%
3 Month7.03%
6 Month23.28%
12 Month5.15%
2 Year-1.08%
3 Year-29.43%
5 Year99.04%
10 Year182.12%
15 Year307.46%
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)0.04
RSI(14)45.15
LBB155.66
UBB163.99
TGT Daily chart

TARGET CORP

NYSE:TGT (5/17/2024, 7:04:00 PM)

After market: 160.2 +0.07 (+0.04%)

160.13

-0.52 (-0.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.32%
1 Week-1.84%
2 Weeks1.32%
1 Month-4.85%
3 Month7.03%
6 Month23.28%
12 Month5.15%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.57
ATR(20)%2.02%
ATR Inc
Range Today1.37
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High165.65
10 Day Low156.5
20 Day High169.09
20 Day Low155.8
52 Week High181.86
52 Week Low102.93
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.01M
Volume Incr8.05%
Vol(5)3.43M
Vol(50)3.22M