US stock / ETF

Target Corporation

TGT · NYSE · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

TGT 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $83.47 and reclaim $142.8.

Invalidation Trigger

Lose $83.47 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 67.8, MACD 0.710

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $8.39 (5.98%)

Weekly

EMA Structure

Bullish
EMA 8$130.35Bullish
EMA 21$122.91Bullish
EMA 50$115.82Bullish

Signals

CategoryReadStrength
Momentum
RSI 67.8 · MACD 0.710

Momentum is strong

Strength
Bullish
Volatility
ATR $8.39 · BB 22.36%

High volatility

Strength
Bearish
Volume
MFI 74.1 · OBV 39.63%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$83.47 - $142.8

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+7.76% · 1.3 ATR above latest close

$151.19
Nearest resistance

+1.77% · 0.3 ATR above · 34-bar high

$142.8
Current price

Price shown is delayed

$140.31
Nearest support

-40.51% · 6.8 ATR below · 34-bar low

$83.47
Deeper support zone

-46.49% · 7.8 ATR below latest close

$75.08
ATR zone

Latest close ± ATR14

$131.92 - $148.7

Indicators

Trend

Dow Theory Structure

Confirmation $133.1, invalidation $120.8

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

43.7 / 31.1 / 10.3Bullish
Supertrend (10,3)

Price is above Supertrend

$110.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$124.98 / $113.14Bullish
Donchian Channel (20)

20-period breakout channel position

92%Bullish

Volatility

ATR (14)

High volatility

$8.39 (5.98%)Bearish
Bollinger Bands (20,2)

Width 22.36%

110%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$141.02 / $105.79Bearish
ATR channel lower / upper

Current Volatility Envelope

$131.92 / $148.7Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$142.8Range
Support

Nearest Downside Decision Level

$83.47Range

Momentum

RSI (14)

Momentum is strong

67.8Bullish
MACD (12,26,9)

Histogram is positive

0.710Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.6 / 86.8Bullish
Williams %R (14)

Overbought zone

-8.4Bearish
CCI (20)

Strong expansion

189.3Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

74.1Bullish
OBV slope

20-period OBV slope

39.63%Bullish
Volume ratio

Relative to 20-period average volume

1.03xRange

Trend

Dow Theory Structure

Confirmation $133.1, invalidation $120.8

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

43.7 / 31.1 / 10.3Bullish
Supertrend (10,3)

Price is above Supertrend

$110.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$124.98 / $113.14Bullish
Donchian Channel (20)

20-period breakout channel position

92%Bullish

Momentum

RSI (14)

Momentum is strong

67.8Bullish
MACD (12,26,9)

Histogram is positive

0.710Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.6 / 86.8Bullish
Williams %R (14)

Overbought zone

-8.4Bearish
CCI (20)

Strong expansion

189.3Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$8.39 (5.98%)Bearish
Bollinger Bands (20,2)

Width 22.36%

110%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$141.02 / $105.79Bearish
ATR channel lower / upper

Current Volatility Envelope

$131.92 / $148.7Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

74.1Bullish
OBV slope

20-period OBV slope

39.63%Bullish
Volume ratio

Relative to 20-period average volume

1.03xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$142.8Range
Support

Nearest Downside Decision Level

$83.47Range

Related Forecasts