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Downtrend Broken Resist.Archive
- 10/2/2026 -
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Target Corp. (TGT) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was the negative week for the Target Corp. (TGT). During the week, the TGT gave back -1.45 points, or -0.92%, and closed at 156.00 on Friday, October 2, 2026. Weekly volume was -29% 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 (75.54) 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 price is near the trend resistance line (157.92). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See TGT weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since October 17, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 September 28, 2026 at 160.80 and reached 154.67 on September 29, 2026. TGT lost 6.13 points, or 3.81%, in 1 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance 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. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
Price is close to the 50 Day Moving Average. 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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