US stock / ETF

Targa Resources Corp.

TRGP · NYSE · USD

12 hoursBullish92%
12h Upside probability 92%Bullish

TRGP 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: 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

12h
Momentum StateBullish
Momentum improving

RSI 61.0, MACD 1.484

12h
Volatility EnvironmentRange
Medium volatility

ATR is $7.44 (2.44%)

12h

EMA Structure

Bullish
EMA 8$297.44Bullish
EMA 21$292.22Bullish
EMA 50$288.04Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.0 · MACD 1.484

Momentum is strong

Strength
Bullish
Volatility
ATR $7.44 · BB 8.96%

Medium volatility

Strength
Range
Volume
MFI 66.1 · OBV -1.87%

Relative to 20-period average volume

Strength
Range
Price Levels
$267 - $306.11

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.91% · 1.2 ATR above latest close

$313.55
Nearest resistance

+0.47% · 0.2 ATR above · 34-bar high

$306.11
Current price

Price shown is delayed

$304.68
Nearest support

-12.37% · 5.1 ATR below · 34-bar low

$267
Deeper support zone

-14.81% · 6.1 ATR below latest close

$259.56
ATR zone

Latest close ± ATR14

$297.24 - $312.12

Indicators

Trend

Dow Theory Structure

Confirmation $296.78, invalidation $283.97

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

Trend strength is moderate

12.3 / 23.1 / 26.8Bearish
Supertrend (10,3)

Price is above Supertrend

$278.44Bullish
Ichimoku Cloud

Cloud Span A / Span B

$290.56 / $286.56Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Volatility

ATR (14)

Medium volatility

$7.44 (2.44%)Range
Bollinger Bands (20,2)

Width 8.96%

102%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$308.88 / $276.07Range
ATR channel lower / upper

Current Volatility Envelope

$297.24 / $312.12Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$306.11Range
Support

Nearest Downside Decision Level

$267Range

Momentum

RSI (14)

Momentum is strong

61.0Bullish
MACD (12,26,9)

Histogram is positive

1.484Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.9 / 92.8Bullish
Williams %R (14)

Overbought zone

-5.1Bearish
CCI (20)

Strong expansion

170.6Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

66.1Bullish
OBV slope

20-period OBV slope

-1.87%Bearish
Volume ratio

Relative to 20-period average volume

1.01xRange

Trend

Dow Theory Structure

Confirmation $296.78, invalidation $283.97

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

Trend strength is moderate

12.3 / 23.1 / 26.8Bearish
Supertrend (10,3)

Price is above Supertrend

$278.44Bullish
Ichimoku Cloud

Cloud Span A / Span B

$290.56 / $286.56Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Momentum

RSI (14)

Momentum is strong

61.0Bullish
MACD (12,26,9)

Histogram is positive

1.484Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

94.9 / 92.8Bullish
Williams %R (14)

Overbought zone

-5.1Bearish
CCI (20)

Strong expansion

170.6Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$7.44 (2.44%)Range
Bollinger Bands (20,2)

Width 8.96%

102%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$308.88 / $276.07Range
ATR channel lower / upper

Current Volatility Envelope

$297.24 / $312.12Range

Volume / Money Flow

MFI (14)

Money flow is strong

66.1Bullish
OBV slope

20-period OBV slope

-1.87%Bearish
Volume ratio

Relative to 20-period average volume

1.01xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$306.11Range
Support

Nearest Downside Decision Level

$267Range

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