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 $256.05 and reclaim $306.63.

Invalidation Trigger

Lose $256.05 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 53.6, MACD 0.077

12h
Volatility EnvironmentRange
Medium volatility

ATR is $9.01 (3.12%)

12h

EMA Structure

Bullish
EMA 8$291.64Bearish
EMA 21$286.13Bullish
EMA 50$278.93Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.6 · MACD 0.077

Neutral zone

Strength
Bullish
Volatility
ATR $9.01 · BB 19.96%

Medium volatility

Strength
Range
Volume
MFI 51.8 · OBV 3.15%

Relative to 20-period average volume

Strength
Range
Price Levels
$256.05 - $306.63

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.24% · 3.0 ATR above latest close

$315.64
Nearest resistance

+6.12% · 2.0 ATR above · 34-bar high

$306.63
Current price

Price shown is delayed

$288.95
Nearest support

-11.39% · 3.7 ATR below · 34-bar low

$256.05
Deeper support zone

-14.5% · 4.7 ATR below latest close

$247.04
ATR zone

Latest close ± ATR14

$279.94 - $297.96

Indicators

Trend

Dow Theory Structure

Confirmation $306.63, invalidation $281.2

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

Trend strength is active

40.4 / 38.5 / 24.4Bullish
Supertrend (10,3)

Price is above Supertrend

$261.26Bullish
Ichimoku Cloud

Cloud Span A / Span B

$287.63 / $281.32Bullish
Donchian Channel (20)

20-period breakout channel position

65%Range

Volatility

ATR (14)

Medium volatility

$9.01 (3.12%)Range
Bollinger Bands (20,2)

Width 19.96%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$305.3 / $267.72Range
ATR channel lower / upper

Current Volatility Envelope

$279.94 / $297.96Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$306.63Range
Support

Nearest Downside Decision Level

$256.05Range

Momentum

RSI (14)

Neutral zone

53.6Range
MACD (12,26,9)

Histogram is positive

0.077Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

55.5 / 56.3Bearish
Williams %R (14)

Neutral zone

-44.5Range
CCI (20)

Balanced zone

32.9Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.8Range
OBV slope

20-period OBV slope

3.15%Bullish
Volume ratio

Relative to 20-period average volume

1.30xBullish

Trend

Dow Theory Structure

Confirmation $306.63, invalidation $281.2

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

Trend strength is active

40.4 / 38.5 / 24.4Bullish
Supertrend (10,3)

Price is above Supertrend

$261.26Bullish
Ichimoku Cloud

Cloud Span A / Span B

$287.63 / $281.32Bullish
Donchian Channel (20)

20-period breakout channel position

65%Range

Momentum

RSI (14)

Neutral zone

53.6Range
MACD (12,26,9)

Histogram is positive

0.077Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

55.5 / 56.3Bearish
Williams %R (14)

Neutral zone

-44.5Range
CCI (20)

Balanced zone

32.9Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Medium volatility

$9.01 (3.12%)Range
Bollinger Bands (20,2)

Width 19.96%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$305.3 / $267.72Range
ATR channel lower / upper

Current Volatility Envelope

$279.94 / $297.96Range

Volume / Money Flow

MFI (14)

Money flow is neutral

51.8Range
OBV slope

20-period OBV slope

3.15%Bullish
Volume ratio

Relative to 20-period average volume

1.30xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$306.63Range
Support

Nearest Downside Decision Level

$256.05Range

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