US stock / ETF

Targa Resources Corp.

TRGP · NYSE · USD

1 dayBullish89%
Daily Upside probability 89%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 $253.82 and reclaim $285.56.

Invalidation Trigger

Lose $253.82 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 62.1, MACD 1.219

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $6.76 (2.39%)

Daily

EMA Structure

Bullish
EMA 8$278.83Bullish
EMA 21$273.37Bullish
EMA 50$265.89Bullish

Signals

CategoryReadStrength
Momentum
RSI 62.1 · MACD 1.219

Momentum is strong

Strength
Bullish
Volatility
ATR $6.76 · BB 11.24%

Medium volatility

Strength
Range
Volume
MFI 43.9 · OBV -0.19%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$253.82 - $285.56

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.33% · 1.4 ATR above latest close

$292.32
Nearest resistance

+0.94% · 0.4 ATR above · 34-bar high

$285.56
Current price

Price shown is delayed

$282.91
Nearest support

-10.28% · 4.3 ATR below · 34-bar low

$253.82
Deeper support zone

-12.67% · 5.3 ATR below latest close

$247.06
ATR zone

Latest close ± ATR14

$276.15 - $289.67

Indicators

Trend

Dow Theory Structure

Confirmation $282.81, invalidation $275.24

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

Trend strength is active

22.8 / 32.2 / 24.2Bullish
Supertrend (10,3)

Price is above Supertrend

$263.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$273.49 / $263.71Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Volatility

ATR (14)

Medium volatility

$6.76 (2.39%)Range
Bollinger Bands (20,2)

Width 11.24%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$286.85 / $260.5Range
ATR channel lower / upper

Current Volatility Envelope

$276.15 / $289.67Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$285.56Range
Support

Nearest Downside Decision Level

$253.82Range

Momentum

RSI (14)

Momentum is strong

62.1Bullish
MACD (12,26,9)

Histogram is positive

1.219Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.0 / 90.9Bullish
Williams %R (14)

Overbought zone

-9.0Bearish
CCI (20)

Strong expansion

120.3Bullish
TD Sequential

Exhaustion setup is near completion

sell 10Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.9Bearish
OBV slope

20-period OBV slope

-0.19%Bearish
Volume ratio

Relative to 20-period average volume

0.96xRange

Trend

Dow Theory Structure

Confirmation $282.81, invalidation $275.24

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

Trend strength is active

22.8 / 32.2 / 24.2Bullish
Supertrend (10,3)

Price is above Supertrend

$263.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$273.49 / $263.71Bullish
Donchian Channel (20)

20-period breakout channel position

91%Bullish

Momentum

RSI (14)

Momentum is strong

62.1Bullish
MACD (12,26,9)

Histogram is positive

1.219Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.0 / 90.9Bullish
Williams %R (14)

Overbought zone

-9.0Bearish
CCI (20)

Strong expansion

120.3Bullish
TD Sequential

Exhaustion setup is near completion

sell 10Bearish

Volatility

ATR (14)

Medium volatility

$6.76 (2.39%)Range
Bollinger Bands (20,2)

Width 11.24%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$286.85 / $260.5Range
ATR channel lower / upper

Current Volatility Envelope

$276.15 / $289.67Range

Volume / Money Flow

MFI (14)

Money flow is weak

43.9Bearish
OBV slope

20-period OBV slope

-0.19%Bearish
Volume ratio

Relative to 20-period average volume

0.96xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$285.56Range
Support

Nearest Downside Decision Level

$253.82Range

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