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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TGT
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Stock Analysis
Risk Assessment
Trading Strategy

Red day on Friday for Target
(Updated on Dec 08, 2023)

Buy or Hold candidate since Nov 14, 2023 Gain 22.02% PDF
No changes to the price of Target stock on the last trading day (Friday, 8th Dec 2023). During the last trading day the stock fluctuated 0.96% from a day low at $135.11 to a day high of $136.40. The price has risen in 5 of the last 10 days and is up by 2.84% over the past 2 weeks.

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The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $135.48 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 15.41% during the next 3 months and, with a 90% probability hold a price between $135.78 and $156.36 at the end of this 3-month period.

TGT Signals & Forecast

There are mixed signals in the stock today. A sell signal was issued from a pivot top point on Thursday, December 07, 2023, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. The Target stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $134.13 and $120.51. A breakdown below any of these levels will issue sell signals.

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Support, Risk & Stop-loss for Target stock

Target finds support from accumulated volume at $130.46 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.30 between high and low, or 0.96%. For the last week, the stock has had daily average volatility of 1.36%.

Our recommended stop-loss: $130.43 (-3.52%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (TGT) For The Upcoming Trading Day Of Monday 11th

For the upcoming trading day on Monday, 11th we expect Target Corporation to open at $135.57, and during the day (based on 14 day Average True Range), to move between $132.42 and $137.96, which gives a possible trading interval of +/-$2.77 (+/-2.05%) up or down from last closing price. If Target Corporation takes out the full calculated possible swing range there will be an estimated 4.10% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $130.46, some $4.73 (3.50%) from the current price of $135.19, our system finds the risk reward attractive.

Is Target Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Target stock to perform well in the short-term.

Current score: 2.554 Open Broker Account

Buy Candidate Unchanged

Predicted Opening Price for Target Corporation of Monday, December 11, 2023

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Fair opening price December 11, 2023 Current price
$135.57 $135.19 (Undervalued)

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 136.86 1.24 %
R2 136.37 0.87 %
R1 136.06 0.643 %
Current price: 135.19
Support S1 135.07 -0.0885 %
S2 134.76 -0.315 %
S3 134.27 -0.681 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 135.19
Support S1 130.46 -3.50%
S2 129.94 -3.88%
S3 110.79 -18.05%
What is the symbol for Target Stock and on which exchange is it traded?
The symbol for Target is TGT and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Target Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Target stock to perform well in the short-term.

How to buy Target Stock?
Target Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Target Stock.

What's the current price of Target Stock?
As of the end of day on the 2023-12-08, the price of an Target (TGT) share was $135.19.

What is the 52-week high and low for Target Stock?
The 52-week high for Target Stock is $181.70 and the 52-week low is $102.93.

What is the market capitalization of Target Stock?
As of the 2023-12-08, the market capitalization of Target is 62.412B.

When is the next earnings date for Target?
The upcoming earnings date for Target is 2024-02-27 00:00:00.

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About Target Corporation

Target Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home décor products, electronics, toys, seasonal offerings, food, and other merchandise; and beauty and household essentials. It also provides in-store amenities, such as Target Café, Target Optical, Starbucks, and other food service offerings.... TGT Profile

TGT Dividend Data


Dividend Yield (TTM)
Payout Ratio (TTM) 55.07%
Next Ex-Dividend Date Nov 14, 2023
Next Payment Date Dec 10, 2023
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