TARGET CORP (TGT) Technical Analysis
NYSE:TGT • US87612E1064
Current stock price
TGT Technical Rating and Analysis
Overall TGT gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TGT is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, TGT did better than 79% of all other stocks.
- TGT is part of the Consumer Staples Distribution & Retail industry. There are 38 other stocks in this industry. TGT outperforms 70% of them.
- TGT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TGT is performing more or less in line with the market.
- TGT has an average volume of 6496050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month TGT has a been trading in the 112.69 - 126.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TGT Weekly and Daily overview Charts
TGT Setup Rating and Analysis
TGT has an excellent technical rating, but the quality of the setup is only medium 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
TGT Support and Resistance Analysis
100.72
When analyzing the support we can see 2 important areas.
- A support zone ranging from 113.13 to 118.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @101.74 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 120.79 to 120.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
TGT Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TGT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TGT is up. |
| ChartMill Relative Strength | 79.9 | POSITIVE | TGT has a high relative strength, it outperformed 79.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TGT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TGT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TGT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.46 | NEUTRAL | The RSI value for TGT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests TGT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.1 | NEUTRAL | The Stochastics value for TGT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for TGT suggests some volalility. |
| Average Directional Index/ADX (14) | 25.72 | POSITIVE | The high ADX value value for TGT suggests a strong trend. |
TGT Chart- and CandleStick Pattern Analysis
TGT Technicals: Chart, Performance Metrics, Trend & Indicators
118.78
-1.06 (-0.88%)
TARGET CORP / TGT TA FAQ
What is the ChartMill technical rating of TARGET CORP (TGT) stock?
ChartMill assigns a technical rating of 9 / 10 to TGT.
What is the trend direction for TGT stock?
The current trend direction for TARGET CORP (TGT) is Bullish.
What is the RSI signal for TARGET CORP (TGT) stock?
TARGET CORP (TGT) has an RSI value of 57.4573. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TARGET CORP?
The MACD indicator for TARGET CORP (TGT) has a value of -0.0532689, indicating a bearish trend.
What is the buy/sell signal for TGT stock?
The buy/sell signal for TARGET CORP (TGT) is buy as both the short term and long term trends are positive.