US stock / ETF

Targa Resources Corp.

TRGP · NYSE · USD

12 hoursBullish82%
12h Upside probability 82%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 $247.52 and reclaim $279.31.

Invalidation Trigger

Lose $247.52 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 58.2, MACD 0.330

12h
Volatility EnvironmentRange
Medium volatility

ATR is $7.01 (2.57%)

12h

EMA Structure

Bullish
EMA 8$267.95Bullish
EMA 21$265.6Bullish
EMA 50$258.86Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.2 · MACD 0.330

Momentum is strong

Strength
Bullish
Volatility
ATR $7.01 · BB 7.70%

Medium volatility

Strength
Range
Volume
MFI 36.0 · OBV 2.22%

Relative to 20-period average volume

Strength
Range
Price Levels
$247.52 - $279.31

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.91% · 1.9 ATR above latest close

$286.32
Nearest resistance

+2.34% · 0.9 ATR above · 34-bar high

$279.31
Current price

Price shown is delayed

$272.93
Nearest support

-9.31% · 3.6 ATR below · 34-bar low

$247.52
Deeper support zone

-11.88% · 4.6 ATR below latest close

$240.5
ATR zone

Latest close ± ATR14

$265.92 - $279.94

Indicators

Trend

Dow Theory Structure

Confirmation $276.24, invalidation $253.82

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

10.6 / 28.9 / 20.4Bullish
Supertrend (10,3)

Price is above Supertrend

$251.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$265.37 / $254.89Bullish
Donchian Channel (20)

20-period breakout channel position

86%Bullish

Volatility

ATR (14)

Medium volatility

$7.01 (2.57%)Range
Bollinger Bands (20,2)

Width 7.70%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$280.41 / $251.11Range
ATR channel lower / upper

Current Volatility Envelope

$265.92 / $279.94Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$279.31Range
Support

Nearest Downside Decision Level

$247.52Range

Momentum

RSI (14)

Momentum is strong

58.2Bullish
MACD (12,26,9)

Histogram is positive

0.330Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

85.3 / 74.1Bullish
Williams %R (14)

Overbought zone

-14.7Bearish
CCI (20)

Strong expansion

145.8Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

36.0Bearish
OBV slope

20-period OBV slope

2.22%Bullish
Volume ratio

Relative to 20-period average volume

0.31xBearish

Trend

Dow Theory Structure

Confirmation $276.24, invalidation $253.82

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

10.6 / 28.9 / 20.4Bullish
Supertrend (10,3)

Price is above Supertrend

$251.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$265.37 / $254.89Bullish
Donchian Channel (20)

20-period breakout channel position

86%Bullish

Momentum

RSI (14)

Momentum is strong

58.2Bullish
MACD (12,26,9)

Histogram is positive

0.330Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

85.3 / 74.1Bullish
Williams %R (14)

Overbought zone

-14.7Bearish
CCI (20)

Strong expansion

145.8Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Medium volatility

$7.01 (2.57%)Range
Bollinger Bands (20,2)

Width 7.70%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$280.41 / $251.11Range
ATR channel lower / upper

Current Volatility Envelope

$265.92 / $279.94Range

Volume / Money Flow

MFI (14)

Money flow is weak

36.0Bearish
OBV slope

20-period OBV slope

2.22%Bullish
Volume ratio

Relative to 20-period average volume

0.31xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$279.31Range
Support

Nearest Downside Decision Level

$247.52Range

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