US stock / ETF

Targa Resources Corp.

TRGP · NYSE · USD

1 dayBullish62%
Daily Upside probability 62%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 $248.79 and reclaim $279.31.

Invalidation Trigger

Lose $248.79 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 58.2, MACD 0.510

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $6.75 (2.47%)

Daily

EMA Structure

Bullish
EMA 8$268.94Bullish
EMA 21$266.17Bullish
EMA 50$259.46Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.2 · MACD 0.510

Momentum is strong

Strength
Bullish
Volatility
ATR $6.75 · BB 7.31%

Medium volatility

Strength
Range
Volume
MFI 30.9 · OBV -1.03%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$248.79 - $279.31

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.94% · 2.0 ATR above latest close

$286.06
Nearest resistance

+2.46% · 1.0 ATR above · 34-bar high

$279.31
Current price

Price shown is delayed

$272.6
Nearest support

-8.74% · 3.5 ATR below · 34-bar low

$248.79
Deeper support zone

-11.21% · 4.5 ATR below latest close

$242.04
ATR zone

Latest close ± ATR14

$265.85 - $279.35

Indicators

Trend

Dow Theory Structure

Confirmation $253.82, invalidation $275.27

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

Trend strength is moderate

10.0 / 29.2 / 21.3Bullish
Supertrend (10,3)

Price is above Supertrend

$253.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$264.75 / $254.89Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Volatility

ATR (14)

Medium volatility

$6.75 (2.47%)Range
Bollinger Bands (20,2)

Width 7.31%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$279.25 / $253.46Range
ATR channel lower / upper

Current Volatility Envelope

$265.85 / $279.35Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$279.31Range
Support

Nearest Downside Decision Level

$248.79Range

Momentum

RSI (14)

Momentum is strong

58.2Bullish
MACD (12,26,9)

Histogram is positive

0.510Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.8 / 85.2Bearish
Williams %R (14)

Overbought zone

-16.2Bearish
CCI (20)

Strong expansion

126.3Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

30.9Bearish
OBV slope

20-period OBV slope

-1.03%Bearish
Volume ratio

Relative to 20-period average volume

1.34xBullish

Trend

Dow Theory Structure

Confirmation $253.82, invalidation $275.27

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

Trend strength is moderate

10.0 / 29.2 / 21.3Bullish
Supertrend (10,3)

Price is above Supertrend

$253.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$264.75 / $254.89Bullish
Donchian Channel (20)

20-period breakout channel position

84%Bullish

Momentum

RSI (14)

Momentum is strong

58.2Bullish
MACD (12,26,9)

Histogram is positive

0.510Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.8 / 85.2Bearish
Williams %R (14)

Overbought zone

-16.2Bearish
CCI (20)

Strong expansion

126.3Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

Medium volatility

$6.75 (2.47%)Range
Bollinger Bands (20,2)

Width 7.31%

85%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$279.25 / $253.46Range
ATR channel lower / upper

Current Volatility Envelope

$265.85 / $279.35Range

Volume / Money Flow

MFI (14)

Money flow is weak

30.9Bearish
OBV slope

20-period OBV slope

-1.03%Bearish
Volume ratio

Relative to 20-period average volume

1.34xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$279.31Range
Support

Nearest Downside Decision Level

$248.79Range

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