TARGET CORP. - 1H - Technical analysis published on 11/23/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 173.44 USD
My targets
182.21 USD (+3.00%)
190.74 USD (+7.83%)
My analysis
The bullish trend is currently very strong on TARGET CORP.. As long as the price remains above the support at 173.44 USD, you could try to benefit from the boom. The first bullish objective is located at 182.21 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 190.74 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4
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Additional analysis
Quotes
TARGET CORP. rating 176.90 USD. The price has increased by +2.66% since the last closing and was between 173.59 USD and 176.98 USD. This implies that the price is at +1.91% from its lowest and at -0.05% from its highest.173.59
176.98
176.90
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this TARGET CORP. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 165.64 | 167.36 | 173.44 | 176.90 |
| Change (%) | -6.37% | -5.39% | -1.96% | - |
| Change | -11.26 | -9.54 | -3.46 | - |
| Level | Intermediate | Intermediate | Intermediate | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 168.08 | 169.76 | 171.04 | 172.72 | 174.00 | 175.68 | 176.96 |
| Camarilla | 171.50 | 171.77 | 172.04 | 172.31 | 172.58 | 172.85 | 173.12 |
| Woodie | 167.87 | 169.66 | 170.83 | 172.62 | 173.79 | 175.58 | 176.75 |
| Fibonacci | 169.76 | 170.89 | 171.59 | 172.72 | 173.85 | 174.55 | 175.68 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 149.22 | 154.53 | 163.06 | 168.37 | 176.90 | 182.21 | 190.74 |
| Camarilla | 167.78 | 169.05 | 170.32 | 171.59 | 172.86 | 174.13 | 175.40 |
| Woodie | 150.83 | 155.33 | 164.67 | 169.18 | 178.51 | 183.02 | 192.35 |
| Fibonacci | 154.53 | 159.82 | 163.08 | 168.37 | 173.66 | 176.93 | 182.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 129.05 | 139.61 | 145.60 | 156.16 | 162.15 | 172.71 | 178.70 |
| Camarilla | 147.03 | 148.55 | 150.07 | 151.58 | 153.10 | 154.62 | 156.14 |
| Woodie | 126.76 | 138.46 | 143.31 | 155.02 | 159.86 | 171.57 | 176.41 |
| Fibonacci | 139.61 | 145.93 | 149.84 | 156.16 | 162.48 | 166.39 | 172.71 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 68.04 | |
| MACD (12,26,9): | 2.4300 | |
| Directional Movement: | 18.44 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 175.82 | |
| Parabolic SAR (0,02-0,02-0,2): | 173.11 | |
| Elder Ray (13): | 2.95 | |
| Super Trend (3,10): | 171.83 | |
| Zig ZAG (10): | 176.57 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 91.17 | |
| TEMA (21): | 176.03 | |
| Williams %R (14): | -10.95 | |
| Chande Momentum Oscillator (20): | 4.72 | |
| Repulse (5,40,3): | 0.6200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2100 | |
| Courbe Coppock: | 3.88 |
| MA7: | 168.15 | |
| MA20: | 160.35 | |
| MA50: | 158.62 | |
| MA100: | 146.02 | |
| MAexp7: | 174.94 | |
| MAexp20: | 172.11 | |
| MAexp50: | 167.95 | |
| MAexp100: | 164.65 | |
| Price / MA7: | +5.20% | |
| Price / MA20: | +10.32% | |
| Price / MA50: | +11.52% | |
| Price / MA100: | +21.15% | |
| Price / MAexp7: | +1.12% | |
| Price / MAexp20: | +2.78% | |
| Price / MAexp50: | +5.33% | |
| Price / MAexp100: | +7.44% |
Quotes :
2020-11-23 16:53:19
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15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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