| TGT latest price $131.7500 (2.12%) ($129.0000 - $131.8800) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.47% (three month average) |
RSI | 82 |
Latest Price | $131.7500(2.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TGT advances 0.9% a day on average for past five trading days. |
Weekly Trend | TGT advances 3.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TGT advance at 0% a week (0% probability) XLY(52%) XHB(51%) XRT(51%) VT(49%) VYM(49%) |
Factors Impacting TGT price | TGT will decline at least -0.735% in a week (0% probabilities). VIXM(-32%) UUP(-17%) VXX(-12%) IYT(-2%) TBT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.735% (StdDev 1.47%) |
Hourly BBV | 2.2 () |
Intraday Trend | 1.9% |
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