TARGET CORP (TGT) Stock Technical Analysis
NYSE:TGT - New York Stock Exchange, Inc. - US87612E1064 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to TGT. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, TGT is a bad performer in the overall market: 87% of all stocks are doing better.
TGT is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 85% of 41 stocks in the same industry do better.
TGT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so TGT is lagging the market.
In the last month TGT has a been trading in the 90.60 - 103.00 range, which is quite wide. It is currently trading near the lows of this range.
TGT has an average volume of 8848720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
The technical rating of TGT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
87.87
138.40
When analyzing the support we notice one important area.
- Support @88.76 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 96.59 to 98.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @101.08 from a horizontal line in the daily time frame.
- A resistance zone ranging from 117.01 to 117.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @137.03 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.46
Mansfield-3.19
10 Day High103
10 Day Low90.6
20 Day High103
20 Day Low90.6
52 Week High167.4
52 Week Low87.35
Performance
1 Week-2.36%
2 Weeks-2.6%
1 Month0.93%
3 Month-25.15%
6 Month-25.6%
12 Month-35.96%
2 Year-28.96%
3 Year-42.54%
5 Year-23.97%
10 Year17.26%
15 Year70.57%
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)0.24
RSI(14)41.66
LBB92.36
UBB101.08
93.01
-5.11 (-5.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-5.21%
1 Week-2.36%
2 Weeks-2.6%
1 Month0.93%
3 Month-25.15%
6 Month-25.6%
12 Month-35.96%
2 Year-28.96%
3 Year-42.54%
5 Year-23.97%
10 Year17.26%
15 Year70.57%
Volatility
ATR(14)3.31
ATR(20)%3.3%
ATR Inc60.18%
Range Today4.71
ADR(20)2.56
ADR(20)%2.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.46
Mansfield-3.19
10 Day High103
10 Day Low90.6
20 Day High103
20 Day Low90.6
52 Week High167.4
52 Week Low87.35
CS1 End88.76
CR1 Start96.59
Volume & EV
DER(3)1.7%
DER(5)1.89%
Volume27.06M
Volume Incr82.26%
Vol(5)12.08M
Vol(50)8.85M