Trading Signals: TGT Stock Price Prediction and Forecast

^ TGT: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. May. 20, 2020

Trading Signals: TGT Stock Price Prediction and Forecast (Mon. Dec. 1, 2014 - Fri. Dec. 22, 2023)

(Target Corporation)
TGT latest price $119.6300 (-2.87%) ($119.2900 - $124.9100) on Wed. May. 20, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.73% (three month average)
RSI   71
Latest Price   $119.6300(-2.87%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TGT advances 0.1% a day on average for past five trading days.
Weekly Trend   TGT advances 4.6% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support TGT advance at 0% a week (0% probability)
XLY(51%)    XRT(50%)    XHB(49%)    XLP(49%)    VT(48%)
Factors Impacting TGT price   TGT will decline at least -1.865% in a week (0% probabilities).
VIXM(-31%)    UUP(-16%)    VXX(-13%)    IGOV(-3%)    TBT(0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.865% (StdDev 3.73%)
Hourly BBV -1.8 ()
Intraday Trend -3.6%

Inflection Point   Yes
5 Day Moving Average   $121.78(-1.77%)
10 Day Moving Average   $119.83(-0.17%)
20 Day Moving Average   $115.21(3.84%)
To recent high   -4.4%
To recent low   31.4%
Market Cap   $59.845b

Target Corp. engages in owning and operating of general merchandise stores. It offers curated general merchandise and food assortments including perishables, dry grocery, dairy, and frozen items. The company was founded by George Draper Dayton in 1902 and is headquartered in Minneapolis, MN.

$. TGT price fluctuates within 5% (three month std-dev: 3.73%) daily (68% of days).

Sample size 16 Average positive next day return: 1.88%(63%) Average negative next day return: -0.81%(38%) Sample size 16 Average positive next three day return: 3.17%(63%) Average negative next three day return: -1.65%(38%) Sample size 16 Average positive next weekly return: 3.37%(63%) Average negative next weekly return: -2.11%(38%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200620

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	May_20_2020	110.68	115.21	119.83	121.78	122.62	122.19	119.63(-2.87%)	N/A	N/A	0	-0.4	-4	-0	-26	64	12.88	53%	-0.08	59	3.73%	-1.8	0.8	71	1.5
2	May_19_2020	110.77	114.58	119.29	121.68	122.41	124.26	123.17(-1.62%)	UD	OpenLong	75	0.3	44	120	29	90	7.87	53%	-0.05	58.7	3.72%	0.3	1.5	71	0.9
3	May_18_2020	110.83	113.76	118.17	120.92	121.24	123.05	125.2(3.52%)	UT	HoldLong	65	0.8	57	110	45	92	6.32	53%	-0.04	57.2	3.71%	1.5	2.1	76	1.4
4	May_15_2020	110.87	112.9	116.79	119.92	120.42	120.56	120.94(0.83%)	UT	OpenLong	75	0.2	38	20	24	81	8.34	53%	-0.07	64	3.69%	1.3	1.7	75	1
5	May_14_2020	110.95	112.47	115.55	118.9	119.87	119.44	119.94(0.67%)	UT	HoldLong	65	0.2	18	-0	2	65	5.63	53%	0.08	72.3	3.72%	-0.2	1.6	77	0.8

6	May_13_2020	110.86	111.91	114.53	117.58	118.96	119.44	119.14(-0.21%)	UD	OpenLong	75	0.4	30	110	16	70	4.66	53%	-0.09	72.5	3.72%	-0.9	1.7	81	0.1
7	May_12_2020	110.96	111.25	113.79	116.47	117.59	120.29	119.39(-0.66%)	UD	OpenLong	75	0.7	64	190	57	86	4.89	53%	-0.08	80.4	3.72%	0.5	2	71	1.2
8	May_11_2020	111.05	110.67	113	114.94	115.87	117.63	120.18(3.76%)	UT	OpenLong	75	1.4	65	130	59	82	5.99	53%	-0.08	88.6	3.72%	1.9	2.5	72	2.3
9	May_8_2020	111.14	109.86	111.91	113.25	114.1	114.89	115.83(2.18%)	UT	OpenLong	75	0.8	37	70	29	60	4.26	52%	-0.13	110.9	3.67%	1.3	1.9	62	2
10	May_7_2020	111.28	109.28	111.1	111.73	112.81	114.11	113.36(-0.19%)	UD	OpenLong	75	0.5	31	110	28	40	3.69	52%	-0.13	117.1	3.68%	0	1.4	48	1.4

11	May_6_2020	111.43	108.84	110.19	111	111.21	113.31	113.58(1.63%)	UT	OpenLong	75	0.9	34	140	35	30	4.91	52%	-0.13	126.1	3.69%	1.1	1.6	56	0.8
12	May_5_2020	111.58	108.1	109.5	110.71	110.05	111.5	111.76(0.04%)	UT	OpenLong	75	0.3	32	70	33	28	4.2	52%	-0.13	112.5	3.68%	1	1	59	1.1
13	May_4_2020	111.73	107.42	109.02	110.76	109.96	109.11	111.71(3.22%)	UT	OpenLong	75	0.2	8	-80	5	15	4.57	52%	-0.14	100.5	3.69%	1.7	1	55	0.5
14	May_1_2020	111.89	106.51	108.71	110.39	110.35	108.61	108.23(-1.38%)	CR	SmallShort	-20	-0.4	-27	-110	-36	2	4.59	52%	-0.18	78.4	3.64%	-1	0.3	57	0.4
15	Apr_30_2020	112.09	105.87	109.18	110.31	111.07	110.84	109.74(-2.11%)	UD	OpenLong	65	-0.1	2	10	-6	26	4.75	50%	-0.15	69	3.66%	-1.4	0.7	60	1.3

16	Apr_29_2020	112.26	105.18	109.13	109.13	110.33	112.13	112.1(0.09%)	UT	OpenLong	75	0.5	34	150	32	39	4.93	50%	-0.12	63.4	3.66%	1	1.2	62	1.7
17	Apr_28_2020	112.4	104.24	108.54	108.08	108.43	111.29	112(1.93%)	UT	OpenLong	75	0.6	52	190	53	50	4.9	50%	-0.13	50.5	3.66%	1.3	1.2	70	1.2
18	Apr_27_2020	112.55	103.44	108.14	107.06	107.13	108.56	109.88(1.91%)	UT	OpenLong	75	0.5	51	100	49	55	4.34	50%	-0.14	46.3	3.65%	1.2	1	69	1.4
19	Apr_24_2020	112.71	102.69	107.63	106.88	106.3	105.58	107.82(3.81%)	UT	HoldLong	50	0.1	1	-60	-15	47	6.06	50%	-0.16	43.6	3.65%	1.4	0.8	73	0.9
20	Apr_23_2020	112.89	102.1	107.3	108	107.23	105.7	103.86(-2.79%)	N/A	N/A	0	-0.7	-12	-120	-38	65	16.48	48%	-0.19	45.9	3.61%	-1.4	0.3	66	0.4

21	Apr_22_2020	113.1	101.5	107.44	109.09	108.94	107.03	106.84(-0.06%)	UD	OpenLong	65	-0.3	4	-130	-27	97	2.94	48%	-0.16	40.1	3.6%	-0.4	0.8	69	0.3
22	Apr_21_2020	113.28	101.16	106.68	108.97	109.37	108.77	106.9(-1.91%)	UD	OpenLong	65	-0.3	5	-30	-29	107	4.52	47%	-0.16	38.6	3.6%	-1.2	0.9	71	-0.2
23	Apr_20_2020	113.46	100.63	105.83	109.26	109.2	110.85	108.98(-3.91%)	UD	OpenLong	75	-0	51	100	22	136	5.33	47%	-0.15	43	3.61%	-0.6	1.3	67	0.6
24	Apr_17_2020	113.63	100.02	104.27	108.4	108.57	109.97	113.42(3.77%)	UT	OpenLong	75	0.8	80	90	58	144	7.61	49%	0	38.7	3.6%	2.2	2.2	75	1.2
25	Apr_16_2020	113.63	99.29	102.35	106.56	106.82	107.52	109.3(2.88%)	UT	OpenLong	75	0.5	43	50	20	113	5.94	47%		42.2	3.57%	1.3	1.9	69	1.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.