TARGET CORP.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	TGT
ISIN:

TARGET CORP. - Daily - Technical analysis published on 08/21/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bearish

Technical indicators

56%

39%

My opinion

Bearish under 156.70 USD

My targets

141.04 USD (-2.28%)

131.20 USD (-9.10%)

My analysis

The basic trend is bearish on TARGET CORP. and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 156.70 USD. Buyers would then use the next resistance located at 162.50 USD as an objective. Crossing it would then enable buyers to target 172.65 USD. If there is a return to below the support located at 141.04 USD, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 131.20 USD and 101.64 USD by extension.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by pitiantuta. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

TARGET CORP. rating 144.33 USD. The price is lower by -0.21% since the last closing and was between 142.88 USD and 145.70 USD. This implies that the price is at +1.01% from its lowest and at -0.94% from its highest.

142.88

145.70

144.33

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by TARGET CORP.:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of TARGET CORP. in Daily shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages show a possible weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near resistance of triangle

Type : Bearish

Timeframe : Daily

Near horizontal support

Type : Bullish

Timeframe : Daily

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Black evening star

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	101.64	131.20	141.04	144.33	156.70	162.50	172.65
Change (%)	-29.58%	-9.10%	-2.28%	-	+8.57%	+12.59%	+19.62%
Change	-42.69	-13.13	-3.29	-	+12.37	+18.17	+28.32
Level	Major	Major	Major	-	Major	Minor	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	139.00	140.38	141.80	143.18	144.60	145.98	147.40
Camarilla	142.44	142.70	142.95	143.21	143.47	143.72	143.98
Woodie	139.01	140.39	141.81	143.19	144.61	145.99	147.41
Fibonacci	140.38	141.45	142.11	143.18	144.25	144.91	145.98

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	125.50	129.07	135.99	139.56	146.48	150.05	156.97
Camarilla	140.04	141.00	141.96	142.92	143.88	144.84	145.81
Woodie	127.19	129.91	137.68	140.40	148.17	150.89	158.66
Fibonacci	129.07	133.07	135.55	139.56	143.56	146.04	150.05

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	129.28	135.79	142.51	149.02	155.74	162.25	168.97
Camarilla	145.60	146.82	148.03	149.24	150.45	151.67	152.88
Woodie	129.40	135.84	142.63	149.07	155.86	162.30	169.09
Fibonacci	135.79	140.84	143.96	149.02	154.07	157.19	162.25

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	53.16
MACD (12,26,9):	-1.5400
Directional Movement:	5.88
AROON (14):	-21.43
DEMA (21):	138.25
Parabolic SAR (0,02-0,02-0,2):	133.01
Elder Ray (13):	3.22
Super Trend (3,10):	144.95
Zig ZAG (10):	143.21
VORTEX (21):	0.8500
Stochastique (14,3,5):	60.73
TEMA (21):	138.46
Williams %R (14):	-37.08
Chande Momentum Oscillator (20):	5.12
Repulse (5,40,3):	-0.3800
ROCnROLL:	-1
TRIX (15,9):	-0.2600
Courbe Coppock:	7.40

MA7:	139.21
MA20:	140.20
MA50:	144.12
MA100:	151.54
MAexp7:	140.46
MAexp20:	140.68
MAexp50:	144.19
MAexp100:	146.29
Price / MA7:	+3.68%
Price / MA20:	+2.95%
Price / MA50:	+0.15%
Price / MA100:	-4.76%
Price / MAexp7:	+2.76%
Price / MAexp20:	+2.59%
Price / MAexp50:	+0.10%
Price / MAexp100:	-1.34%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on TARGET CORP. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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