Back to main

Target Corporation (TGT) Moving Average Crossover Spotted - Tale of the Tape

Posted
10/11/2013 5:59:00 AM
By: Zacks.com
Referenced Stocks:TGT

Target Corporation ( TGT ) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for TGT broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness.

This has already started to take place, as the stock has moved lower by 4.02% in the past four weeks. Plus, the company currently has a Zacks Rank #4 (Sell) meaning that now could definitely be the time to get out of this potentially in-trouble stock.



TARGET CORP (TGT): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research