US stock / ETF

Target Corporation

TGT · NYSE · USD

1 hourBearish80%
1h Downside probability 80%Bearish

TGT 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $164.25 and stabilize above resistance $167.13.

Invalidation Trigger

Break above $167.13 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 42.4, MACD -0.294

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.9724 (0.6%)

1h

EMA Structure

Bearish
EMA 8$163.66Bearish
EMA 21$164.25Bearish
EMA 50$164.26Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.4 · MACD -0.294

Momentum is weak

Strength
Bearish
Volatility
ATR $0.9724 · BB 3.14%

Low volatility

Strength
Bullish
Volume
MFI 68.6 · OBV -225.42%

Relative to 20-period average volume

Strength
Range
Price Levels
$161.64 - $167.13

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+3.04% · 5.1 ATR above latest close

$168.1
Nearest resistance

+2.44% · 4.1 ATR above · 34-bar high

$167.13
Current price

Price shown is delayed

$163.15
Nearest support

-0.93% · 1.6 ATR below · 34-bar low

$161.64
Deeper support zone

-1.52% · 2.6 ATR below latest close

$160.67
ATR zone

Latest close ± ATR14

$162.18 - $164.12

Indicators

Trend

Dow Theory Structure

Confirmation $162.75, invalidation $164.39

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

33.7 / 15.6 / 40.7Bearish
Supertrend (10,3)

Price is above Supertrend

$159.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$164.65 / $165.8Bearish
Donchian Channel (20)

20-period breakout channel position

25%Bearish

Volatility

ATR (14)

Low volatility

$0.9724 (0.6%)Bullish
Bollinger Bands (20,2)

Width 3.14%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$166.34 / $162.13Bullish
ATR channel lower / upper

Current Volatility Envelope

$162.18 / $164.12Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$167.13Range
Support

Nearest Downside Decision Level

$161.64Range

Momentum

RSI (14)

Momentum is weak

42.4Bearish
MACD (12,26,9)

Histogram is negative

-0.294Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.6 / 7.2Bullish
Williams %R (14)

Oversold zone

-90.4Bullish
CCI (20)

Weak expansion

-104.7Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

68.6Bullish
OBV slope

20-period OBV slope

-225.42%Bearish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Trend

Dow Theory Structure

Confirmation $162.75, invalidation $164.39

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

33.7 / 15.6 / 40.7Bearish
Supertrend (10,3)

Price is above Supertrend

$159.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$164.65 / $165.8Bearish
Donchian Channel (20)

20-period breakout channel position

25%Bearish

Momentum

RSI (14)

Momentum is weak

42.4Bearish
MACD (12,26,9)

Histogram is negative

-0.294Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.6 / 7.2Bullish
Williams %R (14)

Oversold zone

-90.4Bullish
CCI (20)

Weak expansion

-104.7Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$0.9724 (0.6%)Bullish
Bollinger Bands (20,2)

Width 3.14%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$166.34 / $162.13Bullish
ATR channel lower / upper

Current Volatility Envelope

$162.18 / $164.12Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

68.6Bullish
OBV slope

20-period OBV slope

-225.42%Bearish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$167.13Range
Support

Nearest Downside Decision Level

$161.64Range

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