Trading Signals: TGT Stock Price Prediction and Forecast

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Fri. Dec. 22, 2023

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

(Target Corporation)
TGT latest price $139.4400 (0.05%) ($138.6300 - $140.4200) on Fri. Dec. 22, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.62% (three month average)
RSI   65
Latest Price   $139.4400(0.05%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   TGT advances 0.2% a day on average for past five trading days.
Weekly Trend   TGT advances 1.6% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support TGT advance at 0% a week (0% probability)
GDX(97%)    XRT(96%)    ARKK(95%)    IWO(95%)    EWP(94%)
Factors Impacting TGT price   TGT will decline at least -1.31% in a week (0% probabilities).
VXX(-68%)    VIXM(-52%)    TBT(-27%)    UUP(-14%)    BNDX(12%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.31% (StdDev 2.62%)
Hourly BBV 0 ()
Intraday Trend 0%

5 Day Moving Average   $138.6(0.61%)
10 Day Moving Average   $138.37(0.77%)
20 Day Moving Average   $135.99(2.54%)
To recent high   -1.2%
To recent low   32.8%
Market Cap   $69.755b

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 2.2% (three month std-dev: 2.62%) daily (68% of days).

Sample size 50 Average positive next day return: 1.64%(52%) Average negative next day return: -0.81%(48%) Sample size 50 Average positive next three day return: 3.17%(50%) Average negative next three day return: -1.3%(50%) Sample size 50 Average positive next weekly return: 3.68%(54%) Average negative next weekly return: -2.24%(46%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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	Dec_22_2023	121.8	135.99	138.37	138.6	138.65	139.02	139.44(0.05%)	UT	OpenLong	75	0.3	27	20	21	45	0.79	59%	0.05	68.6	2.62%	0	1.2	65	1.4
2	Dec_21_2023	121.74	135.59	137.97	138.39	138.36	138.16	139.37(1.8%)	UT	HoldLong	50	0.3	3	-10	-7	33	3.98	57%	0.05	71	2.68%	1	1.3	60	0.6
3	Dec_20_2023	121.68	135.15	137.56	138.74	138.62	138.28	136.9(-1.92%)	N/A	N/A	0	-0.6	-2	-20	-15	36	3.56	57%	0.03	74.1	2.7%	-2.3	0.6	59	0.3
4	Dec_19_2023	121.64	134.86	137.25	139.04	139.35	138.56	139.58(1.35%)	UT	OpenLong	75	0.2	14	-30	2	50	2.83	57%	0.02	105.7	2.68%	0.6	1.5	71	0.7
5	Dec_18_2023	121.61	134.36	136.6	138.25	138.87	138.97	137.72(-0.47%)	N/A	N/A	0	-0.2	-2	20	-15	39	3.12	54%	0.02	134.8	2.68%	-1.3	1.1	67	0.8

6	Dec_15_2023	121.58	133.97	136.19	138.06	138.33	140.14	138.37(-1.96%)	UD	OpenLong	75	0.1	44	100	38	62	5.68	53%	0.03	167.7	2.71%	-0.3	1.4	70	0.8
7	Dec_14_2023	121.54	133.54	135.82	137.43	137.51	138.77	141.14(1.99%)	UT	HoldLong	65	1.2	65	70	63	72	4.63	53%	0.06	204.9	2.7%	1.5	2.5	78	1.6
8	Dec_13_2023	121.47	132.98	135.04	136.24	136.21	136.53	138.38(2.01%)	UT	HoldLong	65	0.9	24	20	16	48	3.53	53%	0.04	278.9	2.7%	2.9	2.2	77	1.4
9	Dec_12_2023	121.42	131.68	134.33	135.24	135.72	136.25	135.66(-0.8%)	UD	OpenLong	75	0.1	24	40	18	42	3.35	53%	0	127.4	2.69%	-1.3	0.8	70	1.6
10	Dec_11_2023	121.42	130.36	133.94	134.68	134.99	135.9	136.76(1.16%)	UT	HoldLong	65	0.3	31	50	26	44	3.57	53%	0.02	86.9	2.69%	1.4	0.9	79	1.4

11	Dec_8_2023	121.39	129.02	133.38	134.04	134.18	135.2	135.19(0%)	UT	HoldLong	50	0.1	29	60	25	40	2.88	53%	0	70.5	2.69%	0.8	0.7	74	1.2
12	Dec_7_2023	121.39	127.67	133	133.96	133.87	134.07	135.19(1.36%)	UT	OpenLong	75	0.1	26	10	21	41	3.94	53%	0.02	61	2.69%	1.4	0.8	74	1
13	Dec_6_2023	121.36	126.45	132.53	133.68	133.62	133.16	133.38(0.38%)	UD	OpenLong	65	-0	4	-30	-5	29	3.89	53%	0.02	57.8	2.68%	-0.4	0.7	65	1.2
14	Dec_5_2023	121.34	125.38	132.28	133.27	133.46	133.67	132.88(-0.5%)	UT	HoldLong	50	-0	12	20	-3	58	3	53%	0.02	55.7	2.69%	-0.9	0.7	91	1.3
15	Dec_4_2023	121.31	124.32	131.97	133.03	133.16	134.07	133.55(-0.91%)	UD	OpenLong	75	0	46	50	26	105	5.58	53%	0.02	55.5	2.69%	-0.3	0.9	93	1.4

16	Dec_1_2023	121.28	123.28	131.61	132.58	132.41	133.25	134.78(0.72%)	UT	HoldLong	65	0.2	58	40	30	140	4.59	53%	0.02	57.5	2.71%	1.6	1.1	92	1.3
17	Nov_30_2023	121.26	122.09	131.1	131.92	131.74	132.24	133.81(1.9%)	UT	HoldLong	65	0.2	59	20	21	174	5.75	53%	0.01	56.9	2.69%	2.3	1.1	92	1.4
18	Nov_29_2023	121.25	120.87	130.74	131.26	131.3	131.57	131.32(-0.27%)	UD	OpenLong	75	0	59	20	10	205	2.91	54%	-0.02	55.7	2.68%	-0.2	1	83	1.3
19	Nov_28_2023	121.27	119.83	128.87	131.15	131.03	131.25	131.67(0.26%)	UT	HoldLong	65	0.1	60	10	10	210	3.8	54%	0	57.8	2.69%	1	1.1	79	1.5
20	Nov_27_2023	121.27	118.66	126.61	130.75	130.75	131.02	131.33(-0.1%)	UD	OpenLong	75	0.1	60	10	11	207	3.74	54%	0.01	58.7	2.7%	0.6	1.2	79	1.3

21	Nov_24_2023	121.26	117.44	124.43	130.46	130.28	130.81	131.46(0.74%)	UT	OpenLong	75	0.1	58	20	10	203	1.86	53%	-0.09	59	2.71%	0	1.4	75	1.4
22	Nov_22_2023	121.37	116.35	122.04	130.16	130.1	130.48	130.5(-0.23%)	UD	OpenLong	75	0	66	20	19	205	3.59	51%	0.07	64.1	2.69%	0.5	1.5	76	1.2
23	Nov_21_2023	121.28	115.29	119.98	130.15	129.63	129.76	130.8(0.89%)	UT	HoldLong	65	0.1	76	-0	29	216	4.06	49%	-0.03	68.8	2.71%	1.5	1.8	77	1.3
24	Nov_20_2023	121.32	114.12	117.97	126.15	129.15	129.72	129.65(-0.18%)	UD	OpenLong	75	0.4	113	100	85	197	5.81	49%	-0.02	57.9	2.73%	0.8	1.9	74	1.4
25	Nov_17_2023	121.34	112.95	116.03	121.68	124.26	129.5	129.89(-0.04%)	UD	OpenLong	75	1.1	120	360	105	163	5.98	49%		44	2.73%	0.2	2.3	76	1.5
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