US stock / ETF

Target Corporation

TGT · NYSE · USD

1 hourRange53%
1h Range probability 94%Range

TGT 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Break either side of $146.71 - $153.2 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 49.8, MACD 0.294

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5668 (0.38%)

1h

EMA Structure

Bearish
EMA 8$148.57Bullish
EMA 21$148.7Bullish
EMA 50$150.12Bearish

Signals

CategoryReadStrength
Momentum
RSI 49.8 · MACD 0.294

Neutral zone

Strength
Bullish
Volatility
ATR $0.5668 · BB 1.48%

Low volatility

Strength
Bullish
Volume
MFI 50.5 · OBV 8.14%

Relative to 20-period average volume

Strength
Range
Price Levels
$146.71 - $153.2

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.23% · 8.5 ATR above latest close

$153.77
Nearest resistance

+2.85% · 7.5 ATR above · 34-bar high

$153.2
Current price

Price shown is delayed

$148.96
Nearest support

-1.51% · 4.0 ATR below · 34-bar low

$146.71
Deeper support zone

-1.89% · 5.0 ATR below latest close

$146.14
ATR zone

Latest close ± ATR14

$148.39 - $149.53

Indicators

Trend

Dow Theory Structure

Confirmation $146.71, invalidation $149.16

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

Trend strength is moderate

12.8 / 22.1 / 25.5Bearish
Supertrend (10,3)

Price is above Supertrend

$147.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$148.26 / $152.53Bearish
Donchian Channel (20)

20-period breakout channel position

60%Range

Volatility

ATR (14)

Low volatility

$0.5668 (0.38%)Bullish
Bollinger Bands (20,2)

Width 1.48%

83%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$149.93 / $147.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$148.39 / $149.53Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$153.2Range
Support

Nearest Downside Decision Level

$146.71Range

Momentum

RSI (14)

Neutral zone

49.8Range
MACD (12,26,9)

Histogram is positive

0.294Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.8 / 78.1Bullish
Williams %R (14)

Overbought zone

-8.2Bearish
CCI (20)

Balanced zone

97.2Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.5Range
OBV slope

20-period OBV slope

8.14%Bullish
Volume ratio

Relative to 20-period average volume

3.50xBullish

Trend

Dow Theory Structure

Confirmation $146.71, invalidation $149.16

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

Trend strength is moderate

12.8 / 22.1 / 25.5Bearish
Supertrend (10,3)

Price is above Supertrend

$147.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$148.26 / $152.53Bearish
Donchian Channel (20)

20-period breakout channel position

60%Range

Momentum

RSI (14)

Neutral zone

49.8Range
MACD (12,26,9)

Histogram is positive

0.294Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.8 / 78.1Bullish
Williams %R (14)

Overbought zone

-8.2Bearish
CCI (20)

Balanced zone

97.2Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.5668 (0.38%)Bullish
Bollinger Bands (20,2)

Width 1.48%

83%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$149.93 / $147.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$148.39 / $149.53Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.5Range
OBV slope

20-period OBV slope

8.14%Bullish
Volume ratio

Relative to 20-period average volume

3.50xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$153.2Range
Support

Nearest Downside Decision Level

$146.71Range

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