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Archive - 8/21/2026 - Sign In to see current Signals. |
Target Corp. (TGT) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the Target Corp. (TGT). During the week, the TGT gained 10.96 points, or 7.09%, and closed at 165.44 on Friday, August 21, 2026. It was the best weekly gain since June 12, 2026. TGT was trading at average weekly trading volume.
Long-term trend: [See TGT long-term trend chart] A long-term downtrend had started on November 15, 2021 at 268.98 and reached 83.44 on November 20, 2025. TGT lost 185.54 points, or 68.98%, in 209 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (76.60) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. TGT may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See TGT medium-term trend chart] A medium-term uptrend had started on November 20, 2025 at 83.44 and reached 165.48 on August 21, 2026. TGT gained -82.04 points, or -98.32%, in 39 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (129.08) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.
Weekly Technical Indicators: [See TGT weekly technical indicators chart] Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is above its signal line since October 17, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See TGT short-term trend chart] A short-term uptrend had started on August 20, 2026 at 154.50 and reached 165.48 on August 21, 2026. TGT gained -10.98 points, or -7.11%, in 1 days. Price is near the trend high.
Daily Technical Indicators: [See TGT daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. The daily MACD line is above its signal line since July 24, 2026. This is an indication that the short-term trend is up. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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