US stock / ETF

Targa Resources Corp.

TRGP · NYSE · USD

1 dayBullish61%
Daily Upside probability 61%Bullish

TRGP 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $267 and reclaim $307.94.

Invalidation Trigger

Lose $267 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 53.0, MACD 0.200

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $6.85 (2.4%)

Daily

EMA Structure

Range
EMA 8$282.33Bullish
EMA 21$283.16Bullish
EMA 50$281.56Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.0 · MACD 0.200

Neutral zone

Strength
Bullish
Volatility
ATR $6.85 · BB 8.14%

Medium volatility

Strength
Range
Volume
MFI 48.4 · OBV 1.19%

Relative to 20-period average volume

Strength
Range
Price Levels
$267 - $307.94

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+10.18% · 4.2 ATR above latest close

$314.79
Nearest resistance

+7.78% · 3.2 ATR above · 34-bar high

$307.94
Current price

Price shown is delayed

$285.72
Nearest support

-6.55% · 2.7 ATR below · 34-bar low

$267
Deeper support zone

-8.95% · 3.7 ATR below latest close

$260.15
ATR zone

Latest close ± ATR14

$278.87 - $292.57

Indicators

Trend

Dow Theory Structure

Confirmation $267, invalidation $296.63

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

27.2 / 23.6 / 25.8Bearish
Supertrend (10,3)

Price is above Supertrend

$268.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$280.47 / $281.51Bullish
Donchian Channel (20)

20-period breakout channel position

63%Range

Volatility

ATR (14)

Medium volatility

$6.85 (2.4%)Range
Bollinger Bands (20,2)

Width 8.14%

59%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$295.07 / $271.12Range
ATR channel lower / upper

Current Volatility Envelope

$278.87 / $292.57Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$307.94Range
Support

Nearest Downside Decision Level

$267Range

Momentum

RSI (14)

Neutral zone

53.0Range
MACD (12,26,9)

Histogram is positive

0.200Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

63.2 / 60.1Bullish
Williams %R (14)

Neutral zone

-36.8Range
CCI (20)

Balanced zone

29.2Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.4Range
OBV slope

20-period OBV slope

1.19%Bullish
Volume ratio

Relative to 20-period average volume

1.25xBullish

Trend

Dow Theory Structure

Confirmation $267, invalidation $296.63

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

27.2 / 23.6 / 25.8Bearish
Supertrend (10,3)

Price is above Supertrend

$268.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$280.47 / $281.51Bullish
Donchian Channel (20)

20-period breakout channel position

63%Range

Momentum

RSI (14)

Neutral zone

53.0Range
MACD (12,26,9)

Histogram is positive

0.200Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

63.2 / 60.1Bullish
Williams %R (14)

Neutral zone

-36.8Range
CCI (20)

Balanced zone

29.2Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Medium volatility

$6.85 (2.4%)Range
Bollinger Bands (20,2)

Width 8.14%

59%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$295.07 / $271.12Range
ATR channel lower / upper

Current Volatility Envelope

$278.87 / $292.57Range

Volume / Money Flow

MFI (14)

Money flow is neutral

48.4Range
OBV slope

20-period OBV slope

1.19%Bullish
Volume ratio

Relative to 20-period average volume

1.25xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$307.94Range
Support

Nearest Downside Decision Level

$267Range

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