Target(TGT)

Target (TGT) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for TGT · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$137.92last close · Jul 22, 202652-week range $83.44$144.40 · 4.49% below the high
Symmetrical Triangle · playing out now

TGT just broke higher out of a symmetrical triangle — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 49% of the time.

As long as price stays above $120.8, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $143.6 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

TGT Rising Wedge Pattern

TGT is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBearishTarget$121.56Projected move−10.8%Breakout level$134.73

New to this pattern? What a rising wedge is and how to trade it →

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
TGT win rate
53.6%

Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.

How these backtests work →

TGT Pattern Trade History

Every completed pattern trade our nightly backtest found on TGT's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleJun 5, 2026 @ $123.38Jun 11, 2026 @ $132.64Loss+12.2% · -1.18R
TriangleMay 27, 2026 @ $127.31Jun 29, 2026 @ $133.92Win+12.0% · +0.69R
Bullish PennantApr 17, 2026 @ $124.85Jun 17, 2026 @ $127.81Win+11.8% · +0.37R
Rising WedgeJul 29, 2025 @ $103.98Aug 20, 2025 @ $96.19Win+9.3% · +1.58R
TriangleJul 1, 2025 @ $101.83Sep 2, 2025 @ $92.44Loss+12.9% · -1.23R
Rising WedgeMay 21, 2025 @ $91.50Jun 10, 2025 @ $100.77Loss+11.3% · -1.18R
Bullish PennantOct 9, 2024 @ $154.24Nov 6, 2024 @ $147.29Loss+15.7% · -1.04R
Rising WedgeMar 1, 2024 @ $154.51Mar 14, 2024 @ $164.31Win+7.3% · +2.22R
Bullish PennantDec 29, 2022 @ $147.89May 26, 2023 @ $138.93Loss+24.2% · -1.09R
TriangleSep 19, 2022 @ $162.11Nov 15, 2022 @ $178.98Loss+18.0% · -1.20R
Rising WedgeAug 16, 2022 @ $177.11Aug 22, 2022 @ $161.96Loss+9.6% · -1.15R
Falling WedgeFeb 14, 2022 @ $209.20Feb 24, 2022 @ $188.72Win+10.1% · +2.47R

Recent Rising Wedges on Other Charts

LINstopped −4.3%Jul 21, 2026EWstopped −7.5%Jul 20, 2026SPGIstopped −8.3%Jul 16, 2026BROhit target +6.9%Jul 15, 2026

Learn about rising wedge

TGT Support and Resistance Levels

Price is being turned away at a ceiling near $142.30 and starting to slide. On the weekly chart, the next floor below sits near $130.01 — about 6% away.

  • Traders commonly watch $130.01 as a target (its 23.6% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $142.30 ceiling just now, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

TGT Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$139.22$139.69$137.18$137.92
Jul 21, 2026$138.98$139.70$137.68$138.48
Jul 20, 2026$141.31$143.21$138.80$139.59
Jul 17, 2026$140.75$144.40$138.33$139.60
Jul 16, 2026$140.00$141.74$139.28$140.21
Jul 15, 2026$134.27$139.88$133.60$138.29
Jul 14, 2026$135.59$136.34$133.10$134.00
Jul 13, 2026$136.68$136.94$134.29$134.77
Jul 10, 2026$133.27$136.05$132.92$135.14
Jul 9, 2026$131.71$134.89$131.26$132.27

TGT Frequently Asked Questions

What chart pattern is TGT forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Target (TGT) on the daily chart, with a measured-move target of $121.56.
Is a rising wedge bullish or bearish?
The rising wedge detected on TGT is a bearish pattern, projecting a measured-move target of $121.56. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.
What is the price target if TGT's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $121.56 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was TGT's closing price on Jul 22, 2026?
Target (TGT) last closed at $137.92 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.