Ask Google AI analysis
The
Target (TGT) daily chart from December 24, 2025, to January 9, 2026, shows a strong uptrend. The stock recovered significantly from a low of $94.18 on December 24, 2025, to trade above $105 by January 9, 2026. Key Observations
- Overall Trend: The price action formed a clear series of higher highs and higher lows, reversing a prior downtrend and indicating bullish momentum in the short term.
- Price Movement: The stock price increased by approximately +9.1% during this period, moving from a closing price of $96.53 on December 24, 2025, to an intraday price of around $105.32 on January 9, 2026.
- Volume Analysis: Trading volume was notably high, particularly around December 26, 2025, and into early January 2026 (over 7 million shares daily), confirming strong market participation during the price ascent.
- Technical Levels: The stock broke above the $103–$105 resistance level, with analysts noting that clearing the $105 weekly level was a key indicator of potential further upside.
- Current Status: As of January 9, 2026, TGT appears to be in a strong buy signal range according to several technical indicators.
Daily Price Details (Dec 24, 2025 - Jan 9, 2026)
No comments:
Post a Comment