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Archive
- 4/17/2025 -
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Target Corp. (TGT) Technical Analysis
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| Summary:
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| | It was a first positive week after 11 consecutive negative weeks for the Target Corp. (TGT). During the week, the TGT climbed 0.33 points, or 0.36%, and closed at 93.11 on Thursday, April 17, 2025. It was the best weekly gain since January 24, 2025. Weekly volume was 30% above average.
TGT is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See TGT long-term trend chart]
A long-term downtrend had started on April 1, 2024 at 181.86 and reached 87.35 on April 8, 2025. TGT lost 94.51 points, or 51.97%, in 53 weeks. The chart has formed a Falling Channel chart pattern. The downtrend support line (104.12) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 support in a long-term trend.
 Medium-term trend: [See TGT medium-term trend chart]
A medium-term downtrend had started on January 28, 2025 at 145.10 and reached 87.35 on April 8, 2025. TGT lost 57.75 points, or 39.80%, in 10 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 86.21 and resistance is at 94.30. A Falling 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 Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.
 Weekly Technical Indicators: [See TGT weekly technical indicators chart]
Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.
The weekly MACD line is below its signal line since November 15, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
 Short-term trend: [See TGT short-term trend chart]
A short-term downtrend had started on March 25, 2025 at 108.80 and reached 87.35 on April 8, 2025. TGT lost 21.45 points, or 19.72%, in 14 days. The price is now at the 26.85% retracement level.
 Daily Technical Indicators: [See TGT daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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