US stock / ETF

Target Corporation

TGT · NYSE · USD

4 hoursBearish61%
4h Downside probability 61%Bearish

TGT 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $163.73 and stabilize above resistance $170.75.

Invalidation Trigger

Break above $170.75 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 50.4, MACD -0.520

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.26 (1.38%)

4h

EMA Structure

Bullish
EMA 8$164.45Bearish
EMA 21$163.73Bearish
EMA 50$159.98Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.4 · MACD -0.520

Neutral zone

Strength
Bearish
Volatility
ATR $2.26 · BB 5.67%

Low volatility

Strength
Bullish
Volume
MFI 22.7 · OBV -5.66%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$144 - $170.75

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+6.04% · 4.4 ATR above latest close

$173.01
Nearest resistance

+4.66% · 3.4 ATR above · 34-bar high

$170.75
Current price

Price shown is delayed

$163.15
Nearest support

-11.74% · 8.5 ATR below · 34-bar low

$144
Deeper support zone

-13.12% · 9.5 ATR below latest close

$141.74
ATR zone

Latest close ± ATR14

$160.89 - $165.41

Indicators

Trend

Dow Theory Structure

Confirmation $167.13, invalidation $161.81

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

Trend strength is moderate

20.3 / 16.6 / 40.9Bearish
Supertrend (10,3)

Price is above Supertrend

$157.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$163.55 / $157.38Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bullish

Volatility

ATR (14)

Low volatility

$2.26 (1.38%)Bullish
Bollinger Bands (20,2)

Width 5.67%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$168.21 / $159.47Bullish
ATR channel lower / upper

Current Volatility Envelope

$160.89 / $165.41Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$170.75Range
Support

Nearest Downside Decision Level

$144Range

Momentum

RSI (14)

Neutral zone

50.4Range
MACD (12,26,9)

Histogram is negative

-0.520Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.1 / 35.9Bearish
Williams %R (14)

Neutral zone

-75.9Range
CCI (20)

Balanced zone

-70.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

22.7Bearish
OBV slope

20-period OBV slope

-5.66%Bearish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Trend

Dow Theory Structure

Confirmation $167.13, invalidation $161.81

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

Trend strength is moderate

20.3 / 16.6 / 40.9Bearish
Supertrend (10,3)

Price is above Supertrend

$157.03Bullish
Ichimoku Cloud

Cloud Span A / Span B

$163.55 / $157.38Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bullish

Momentum

RSI (14)

Neutral zone

50.4Range
MACD (12,26,9)

Histogram is negative

-0.520Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

24.1 / 35.9Bearish
Williams %R (14)

Neutral zone

-75.9Range
CCI (20)

Balanced zone

-70.8Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$2.26 (1.38%)Bullish
Bollinger Bands (20,2)

Width 5.67%

27%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$168.21 / $159.47Bullish
ATR channel lower / upper

Current Volatility Envelope

$160.89 / $165.41Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

22.7Bearish
OBV slope

20-period OBV slope

-5.66%Bearish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$170.75Range
Support

Nearest Downside Decision Level

$144Range

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