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Downtrend ExhaustionArchive - 3/21/2025 - 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 the negative week for the Target Corp. (TGT). During the week, the TGT gave back -0.60 points, or -0.57%, and closed at 104.10 on Friday, March 21, 2025. Weekly volume was 122% above average. TGT is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See TGT long-term trend chart] A long-term downtrend had started on April 1, 2024 at 181.86 and reached 101.80 on March 21, 2025. TGT lost 80.06 points, or 44.02%, in 50 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend support (107.18) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.
Medium-term trend: [See TGT medium-term trend chart] A medium-term downtrend had started on August 21, 2024 at 167.40 and reached 101.80 on March 21, 2025. TGT lost 65.60 points, or 39.19%, in 30 weeks. Price is near the trend low.
Weekly Technical Indicators: [See TGT weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range and Lane's Stochastic. 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 below its signal line since November 15, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See TGT short-term trend chart] A short-term downtrend had started on January 28, 2025 at 145.10 and reached 101.80 on March 21, 2025. TGT lost 43.30 points, or 29.84%, in 52 days. The chart has formed a Falling Channel chart pattern. The downtrend resistance line (97.53) is broken. A broken support is considered to be a long-term bullish signal. 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 short-term trend.
Daily Technical Indicators: [See TGT daily technical indicators chart] Daily Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index and Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Daily Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following link to access Relative Strength Index help. The daily MACD line is below its signal line since January 31, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. The distance between the Bollinger Bands is 126.72% higher then one year average. It indicates the period of high volatility of the stock price. 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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