TGT Daily Technical Analysis
Target Corporation
Large U.S. retail chain offering general merchandise, apparel, home goods, groceries, and essentials through 1,900+ stores and a strong omni-channel platform.
TGT Technical Analysis Summary
Target Corporation (TGT) has staged a significant recovery from its lows, validated by a bullish Golden Cross of the 50 and 200-day moving averages. The stock is currently in a consolidation phase, holding above the 20-day SMA, though the MACD indicates short-term momentum has cooled. The overall structure remains constructive as long as price holds above the 97.00 support confluence.
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TGT Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Neutral
While the primary trend remains upward, the MACD has recently printed a bearish crossover and the histogram is negative, suggesting a period of consolidation or momentum cooling as price tests the 20-day SMA.
Long-term Sentiment (weeks to months): Bullish
The chart exhibits a strong reversal from lows, confirmed by a 'Golden Cross' where the 50-day SMA has crossed above the 200-day SMA, and price is maintaining levels above rising moving averages.
Report Metadata
- Timeframe: daily
- Generated at: 2026-01-23T15:12:22.984Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $104.25 | $104.00 - $104.50 | Strong | Immediate dynamic support at the 20-day SMA and Bollinger Band midline. |
| $96.75 | $96.00 - $97.50 | Strong | Confluence zone of the 50-day SMA, 200-day SMA, and previous breakout resistance. |
| $80.50 | $79.00 - $82.00 | Strong | Major swing low and structural bottom formed in late 2025. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $114.25 | $113.50 - $115.00 | Weak | Recent swing high and proximity to the Upper Bollinger Band. |
| $130.00 | $128.00 - $132.00 | Strong | Historical gap-down zone visible on the left side of the chart. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Golden Cross | Bullish | N/A | The 50-day SMA has crossed above the 200-day SMA, signaling a potential long-term trend change from bearish to bullish. |
| Weak | Bullish Consolidation | Bullish | $125.00 | Price is consolidating in a tight range above the 20-day SMA after a sharp rally, digesting recent gains. |
Frequently Asked Questions about TGT
What is the current sentiment for TGT?
The short-term sentiment for TGT is currently Neutral because While the primary trend remains upward, the MACD has recently printed a bearish crossover and the histogram is negative, suggesting a period of consolidation or momentum cooling as price tests the 20-day SMA.. The long-term trend is classified as Bullish.
What are the key support levels for TGT?
StockDips.AI has identified key support levels for TGT at $104.25 and $96.75. These levels may represent potential accumulation zones where buying interest could emerge.
Is TGT in a significant dip or a Value Dip right now?
TGT has a Value Score of 65/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.