Technical Analysis for TGT - Target Corporation

Grade Last Price % Change Price Change
A 166.58 1.28% 2.11
TGT closed up 1.28 percent on Thursday, April 18, 2024, on 81 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Strong but Oversold Other 0.00%
Inside Day Range Contraction 0.00%
Strong, Oversold and Reversal Signs Reversal 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Strong but Oversold Other 1.28%
Gapped Up Strength 1.28%
Oversold Stochastic Weakness 1.28%
Strong but Oversold Other 2.00%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 8 hours ago
Possible Inside Day about 8 hours ago
60 Minute Opening Range Breakout about 11 hours ago
Gap Up Partially Closed about 12 hours ago
Gapped Up (Partial) about 12 hours ago

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Profile

Target Corporation Description

Target Corporation operates general merchandise stores in the United States. The company offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; hardlines comprising music, movies, books, computer software, sporting goods, and toys, as well as electronics that consist of video game hardware and software; apparel and accessories, such as apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. It also provides food and pet supplies, including dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and home furnishings and décor, such as furniture, lighting, kitchenware, small appliances, home décor, bed and bath, home improvement, automotive, and seasonal merchandise comprising patio furniture and holiday décor. In addition, it offers in-store amenities. As of September 6, 2013, it had 1,856 stores, including 1,788 stores in the United States and 68 stores in Canada. The company distributes its merchandise through a network of distribution centers, as well as third parties and direct shipping from vendors. Further, it provides general merchandise through its Website, Target.com; and branded proprietary Target Debit Card. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.


Classification

Sector: Consumer Defensive
Industry: Discount Stores
Keywords: S&P 500 Electronics Grocery Store Distribution Center Video Games Paper Products Bakery Home Furnishings Candy Frozen Food Computer Software Kitchenware Target Australia Video Game Hardware

Is TGT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 181.86
52 Week Low 100.3162
Average Volume 3,923,939
200-Day Moving Average 133.93
50-Day Moving Average 162.42
20-Day Moving Average 170.97
10-Day Moving Average 168.16
Average True Range 3.57
RSI (14) 48.19
ADX 24.84
+DI 22.42
-DI 26.00
Chandelier Exit (Long, 3 ATRs) 171.14
Chandelier Exit (Short, 3 ATRs) 172.93
Upper Bollinger Bands 179.25
Lower Bollinger Band 162.68
Percent B (%b) 0.24
BandWidth 9.69
MACD Line 0.52
MACD Signal Line 2.19
MACD Histogram -1.672
Fundamentals Value
Market Cap 76.9 Billion
Num Shares 462 Million
EPS 7.84
Price-to-Earnings (P/E) Ratio 21.25
Price-to-Sales 0.65
Price-to-Book 5.41
PEG Ratio 1.10
Dividend 4.34
Dividend Yield 2.61%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 170.24
Resistance 3 (R3) 170.15 168.84 169.63
Resistance 2 (R2) 168.84 167.91 168.89 169.43
Resistance 1 (R1) 167.71 167.33 168.28 167.80 169.22
Pivot Point 166.40 166.40 166.68 166.45 166.40
Support 1 (S1) 165.27 165.47 165.84 165.36 163.94
Support 2 (S2) 163.96 164.89 164.01 163.73
Support 3 (S3) 162.83 163.96 163.53
Support 4 (S4) 162.92