US stock / ETF

Targa Resources Corp.

TRGP · NYSE · USD

1 dayBullish92%
Daily Upside probability 92%Bullish

TRGP 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $267 and reclaim $306.11.

Invalidation Trigger

Lose $267 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 60.5, MACD 1.603

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $7.6 (2.51%)

Daily

EMA Structure

Bullish
EMA 8$297.55Bullish
EMA 21$292.09Bullish
EMA 50$286.98Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.5 · MACD 1.603

Momentum is strong

Strength
Bullish
Volatility
ATR $7.6 · BB 11.41%

Medium volatility

Strength
Range
Volume
MFI 59.1 · OBV 1.23%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$267 - $306.11

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.75% · 1.5 ATR above latest close

$313.71
Nearest resistance

+1.24% · 0.5 ATR above · 34-bar high

$306.11
Current price

Price shown is delayed

$302.37
Nearest support

-11.7% · 4.7 ATR below · 34-bar low

$267
Deeper support zone

-14.21% · 5.7 ATR below latest close

$259.4
ATR zone

Latest close ± ATR14

$294.77 - $309.97

Indicators

Trend

Dow Theory Structure

Confirmation $296.78, invalidation $281.87

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

11.4 / 24.5 / 26.8Bearish
Supertrend (10,3)

Price is above Supertrend

$277.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$289.09 / $287.47Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Volatility

ATR (14)

Medium volatility

$7.6 (2.51%)Range
Bollinger Bands (20,2)

Width 11.41%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$309.66 / $275.05Range
ATR channel lower / upper

Current Volatility Envelope

$294.77 / $309.97Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$306.11Range
Support

Nearest Downside Decision Level

$267Range

Momentum

RSI (14)

Momentum is strong

60.5Bullish
MACD (12,26,9)

Histogram is positive

1.603Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

87.1 / 92.5Bearish
Williams %R (14)

Overbought zone

-12.9Bearish
CCI (20)

Strong expansion

143.5Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

59.1Bullish
OBV slope

20-period OBV slope

1.23%Bullish
Volume ratio

Relative to 20-period average volume

0.02xBearish

Trend

Dow Theory Structure

Confirmation $296.78, invalidation $281.87

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

11.4 / 24.5 / 26.8Bearish
Supertrend (10,3)

Price is above Supertrend

$277.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$289.09 / $287.47Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Momentum

RSI (14)

Momentum is strong

60.5Bullish
MACD (12,26,9)

Histogram is positive

1.603Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

87.1 / 92.5Bearish
Williams %R (14)

Overbought zone

-12.9Bearish
CCI (20)

Strong expansion

143.5Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$7.6 (2.51%)Range
Bollinger Bands (20,2)

Width 11.41%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$309.66 / $275.05Range
ATR channel lower / upper

Current Volatility Envelope

$294.77 / $309.97Range

Volume / Money Flow

MFI (14)

Money flow is strong

59.1Bullish
OBV slope

20-period OBV slope

1.23%Bullish
Volume ratio

Relative to 20-period average volume

0.02xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$306.11Range
Support

Nearest Downside Decision Level

$267Range

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