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 $255.08 and reclaim $307.94.

Invalidation Trigger

Lose $255.08 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 55.8, MACD 0.946

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $9.66 (3.34%)

Daily

EMA Structure

Bullish
EMA 8$289.92Bearish
EMA 21$283.37Bullish
EMA 50$275.73Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.8 · MACD 0.946

Momentum is strong

Strength
Bullish
Volatility
ATR $9.66 · BB 22.11%

Medium volatility

Strength
Range
Volume
MFI 60.5 · OBV -0.44%

Relative to 20-period average volume

Strength
Range
Price Levels
$255.08 - $307.94

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.91% · 3.0 ATR above latest close

$317.6
Nearest resistance

+6.57% · 2.0 ATR above · 34-bar high

$307.94
Current price

Price shown is delayed

$288.95
Nearest support

-11.72% · 3.5 ATR below · 34-bar low

$255.08
Deeper support zone

-15.06% · 4.5 ATR below latest close

$245.42
ATR zone

Latest close ± ATR14

$279.29 - $298.61

Indicators

Trend

Dow Theory Structure

Confirmation $307.94, invalidation $284

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

Trend strength is active

44.3 / 39.7 / 11.3Bullish
Supertrend (10,3)

Price is above Supertrend

$258.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$288.74 / $280.88Bullish
Donchian Channel (20)

20-period breakout channel position

64%Range

Volatility

ATR (14)

Medium volatility

$9.66 (3.34%)Range
Bollinger Bands (20,2)

Width 22.11%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$304.68 / $262.84Range
ATR channel lower / upper

Current Volatility Envelope

$279.29 / $298.61Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$307.94Range
Support

Nearest Downside Decision Level

$255.08Range

Momentum

RSI (14)

Momentum is strong

55.8Bullish
MACD (12,26,9)

Histogram is positive

0.946Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

55.4 / 63.5Bearish
Williams %R (14)

Neutral zone

-44.6Range
CCI (20)

Balanced zone

48.5Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.5Bullish
OBV slope

20-period OBV slope

-0.44%Bearish
Volume ratio

Relative to 20-period average volume

1.03xRange

Trend

Dow Theory Structure

Confirmation $307.94, invalidation $284

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

Trend strength is active

44.3 / 39.7 / 11.3Bullish
Supertrend (10,3)

Price is above Supertrend

$258.08Bullish
Ichimoku Cloud

Cloud Span A / Span B

$288.74 / $280.88Bullish
Donchian Channel (20)

20-period breakout channel position

64%Range

Momentum

RSI (14)

Momentum is strong

55.8Bullish
MACD (12,26,9)

Histogram is positive

0.946Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

55.4 / 63.5Bearish
Williams %R (14)

Neutral zone

-44.6Range
CCI (20)

Balanced zone

48.5Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Medium volatility

$9.66 (3.34%)Range
Bollinger Bands (20,2)

Width 22.11%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$304.68 / $262.84Range
ATR channel lower / upper

Current Volatility Envelope

$279.29 / $298.61Range

Volume / Money Flow

MFI (14)

Money flow is strong

60.5Bullish
OBV slope

20-period OBV slope

-0.44%Bearish
Volume ratio

Relative to 20-period average volume

1.03xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$307.94Range
Support

Nearest Downside Decision Level

$255.08Range

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