US stock / ETF

Targa Resources Corp.

TRGP · NYSE · USD

1 hourBullish92%
1h Upside probability 92%Bullish

TRGP 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $276.01 and reclaim $289.84.

Invalidation Trigger

Lose $276.01 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 57.2, MACD 0.045

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.71 (0.6%)

1h

EMA Structure

Bullish
EMA 8$282.3Bullish
EMA 21$281.32Bullish
EMA 50$279.16Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.2 · MACD 0.045

Momentum is strong

Strength
Bullish
Volatility
ATR $1.71 · BB 2.99%

Low volatility

Strength
Bullish
Volume
MFI 46.7 · OBV 7.27%

Relative to 20-period average volume

Strength
Range
Price Levels
$276.01 - $289.84

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.05% · 5.1 ATR above latest close

$291.55
Nearest resistance

+2.45% · 4.1 ATR above · 34-bar high

$289.84
Current price

Price shown is delayed

$282.91
Nearest support

-2.44% · 4.0 ATR below · 34-bar low

$276.01
Deeper support zone

-3.04% · 5.0 ATR below latest close

$274.3
ATR zone

Latest close ± ATR14

$281.2 - $284.62

Indicators

Trend

Dow Theory Structure

Confirmation $285.56, invalidation $280.76

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

Trend strength is active

30.1 / 31.5 / 24.5Bullish
Supertrend (10,3)

Price is above Supertrend

$277.42Bullish
Ichimoku Cloud

Cloud Span A / Span B

$282.92 / $279.56Bearish
Donchian Channel (20)

20-period breakout channel position

71%Range

Volatility

ATR (14)

Low volatility

$1.71 (0.6%)Bullish
Bollinger Bands (20,2)

Width 2.99%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$285.05 / $277.73Bullish
ATR channel lower / upper

Current Volatility Envelope

$281.2 / $284.62Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$289.84Range
Support

Nearest Downside Decision Level

$276.01Range

Momentum

RSI (14)

Momentum is strong

57.2Bullish
MACD (12,26,9)

Histogram is positive

0.045Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.7 / 57.0Bullish
Williams %R (14)

Neutral zone

-38.3Range
CCI (20)

Balanced zone

76.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.7Range
OBV slope

20-period OBV slope

7.27%Bullish
Volume ratio

Relative to 20-period average volume

3.65xBullish

Trend

Dow Theory Structure

Confirmation $285.56, invalidation $280.76

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

Trend strength is active

30.1 / 31.5 / 24.5Bullish
Supertrend (10,3)

Price is above Supertrend

$277.42Bullish
Ichimoku Cloud

Cloud Span A / Span B

$282.92 / $279.56Bearish
Donchian Channel (20)

20-period breakout channel position

71%Range

Momentum

RSI (14)

Momentum is strong

57.2Bullish
MACD (12,26,9)

Histogram is positive

0.045Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

61.7 / 57.0Bullish
Williams %R (14)

Neutral zone

-38.3Range
CCI (20)

Balanced zone

76.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$1.71 (0.6%)Bullish
Bollinger Bands (20,2)

Width 2.99%

74%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$285.05 / $277.73Bullish
ATR channel lower / upper

Current Volatility Envelope

$281.2 / $284.62Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.7Range
OBV slope

20-period OBV slope

7.27%Bullish
Volume ratio

Relative to 20-period average volume

3.65xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$289.84Range
Support

Nearest Downside Decision Level

$276.01Range

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