US stock / ETF

Target Corporation

TGT · NYSE · USD

4 hoursBearish91%
4h Downside probability 91%Bearish

TGT 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $150.41 and stabilize above resistance $158.36.

Invalidation Trigger

Break above $158.36 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 41.4, MACD -0.137

4h
Volatility EnvironmentBullish
Low volatility

ATR is $1.42 (0.96%)

4h

EMA Structure

Bearish
EMA 8$148.76Bullish
EMA 21$150.41Bearish
EMA 50$152.31Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.4 · MACD -0.137

Momentum is weak

Strength
Bearish
Volatility
ATR $1.42 · BB 8.78%

Low volatility

Strength
Bullish
Volume
MFI 40.1 · OBV 16.65%

Relative to 20-period average volume

Strength
Range
Price Levels
$146.71 - $158.36

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.26% · 7.6 ATR above latest close

$159.78
Nearest resistance

+6.31% · 6.6 ATR above · 34-bar high

$158.36
Current price

Price shown is delayed

$148.96
Nearest support

-1.51% · 1.6 ATR below · 34-bar low

$146.71
Deeper support zone

-2.47% · 2.6 ATR below latest close

$145.29
ATR zone

Latest close ± ATR14

$147.54 - $150.38

Indicators

Trend

Dow Theory Structure

Confirmation $146.71, invalidation $150.47

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

Trend strength is active

29.2 / 19.2 / 36.0Bearish
Supertrend (10,3)

Price is above Supertrend

$144.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$150.56 / $152.9Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Volatility

ATR (14)

Low volatility

$1.42 (0.96%)Bullish
Bollinger Bands (20,2)

Width 8.78%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$153.05 / $147.55Bullish
ATR channel lower / upper

Current Volatility Envelope

$147.54 / $150.38Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$158.36Range
Support

Nearest Downside Decision Level

$146.71Range

Momentum

RSI (14)

Momentum is weak

41.4Bearish
MACD (12,26,9)

Histogram is negative

-0.137Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.1 / 21.5Bullish
Williams %R (14)

Neutral zone

-67.9Range
CCI (20)

Balanced zone

-51.7Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

40.1Bearish
OBV slope

20-period OBV slope

16.65%Bullish
Volume ratio

Relative to 20-period average volume

1.22xBullish

Trend

Dow Theory Structure

Confirmation $146.71, invalidation $150.47

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

Trend strength is active

29.2 / 19.2 / 36.0Bearish
Supertrend (10,3)

Price is above Supertrend

$144.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$150.56 / $152.9Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Momentum

RSI (14)

Momentum is weak

41.4Bearish
MACD (12,26,9)

Histogram is negative

-0.137Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

32.1 / 21.5Bullish
Williams %R (14)

Neutral zone

-67.9Range
CCI (20)

Balanced zone

-51.7Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$1.42 (0.96%)Bullish
Bollinger Bands (20,2)

Width 8.78%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$153.05 / $147.55Bullish
ATR channel lower / upper

Current Volatility Envelope

$147.54 / $150.38Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.1Bearish
OBV slope

20-period OBV slope

16.65%Bullish
Volume ratio

Relative to 20-period average volume

1.22xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$158.36Range
Support

Nearest Downside Decision Level

$146.71Range

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