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Archive
- 10/16/2026 -
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Target Corp. (TGT) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was a first positive week after 3 consecutive negative weeks for the Target Corp. (TGT). During the week, the TGT climbed 0.62 points, or 0.40%, and closed at 154.26 on Friday, October 16, 2026. Weekly volume was -27% below average.
 Long-term trend: [See TGT long-term trend chart]
A long-term downtrend had started on November 15, 2021 at 268.98 and reached 83.44 on November 20, 2025. TGT lost 185.54 points, or 68.98%, in 209 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (75.18) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See TGT medium-term trend chart]
A medium-term uptrend had started on November 20, 2025 at 83.44 and reached 170.75 on August 24, 2026. TGT gained -87.31 points, or -104.64%, in 39 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 137.57 and resistance is at 160.10. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
 Weekly Technical Indicators: [See TGT weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since October 2, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
 Short-term trend: [See TGT short-term trend chart]
A short-term uptrend had started on October 8, 2026 at 150.46 and reached 159.56 on October 16, 2026. TGT gained -9.10 points, or -6.05%, in 8 days. The price is now at the 58.24% retracement level.
Daily Technical Indicators: [See TGT daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since August 28, 2026. The distance between MACD and the signal line is low and getting smaller.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
The distance between the Bollinger Bands (5.37%) is close to one year low (5.73%). It is 54.87% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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