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 $267 and reclaim $288.39.

Invalidation Trigger

Lose $267 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateRange
Momentum mixed

RSI 60.0, MACD -0.329

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.38 (0.48%)

1h

EMA Structure

Bullish
EMA 8$285.72Bearish
EMA 21$284.06Bullish
EMA 50$281.55Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.0 · MACD -0.329

Momentum is strong

Strength
Range
Volatility
ATR $1.38 · BB 3.36%

Low volatility

Strength
Bullish
Volume
MFI 61.8 · OBV 101.48%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$267 - $288.39

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.42% · 2.9 ATR above latest close

$289.77
Nearest resistance

+0.93% · 1.9 ATR above · 34-bar high

$288.39
Current price

Price shown is delayed

$285.72
Nearest support

-6.55% · 13.5 ATR below · 34-bar low

$267
Deeper support zone

-7.04% · 14.5 ATR below latest close

$265.62
ATR zone

Latest close ± ATR14

$284.34 - $287.1

Indicators

Trend

Dow Theory Structure

Confirmation $288.39, invalidation $284.35

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

Trend strength is active

49.7 / 30.8 / 26.0Bullish
Supertrend (10,3)

Price is above Supertrend

$281.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$284.23 / $277.69Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Volatility

ATR (14)

Low volatility

$1.38 (0.48%)Bullish
Bollinger Bands (20,2)

Width 3.36%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$287.13 / $281.29Bullish
ATR channel lower / upper

Current Volatility Envelope

$284.34 / $287.1Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.39Range
Support

Nearest Downside Decision Level

$267Range

Momentum

RSI (14)

Momentum is strong

60.0Bullish
MACD (12,26,9)

Histogram is negative

-0.329Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.3 / 47.0Bearish
Williams %R (14)

Neutral zone

-57.7Range
CCI (20)

Balanced zone

32.5Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

61.8Bullish
OBV slope

20-period OBV slope

101.48%Bullish
Volume ratio

Relative to 20-period average volume

3.55xBullish

Trend

Dow Theory Structure

Confirmation $288.39, invalidation $284.35

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

Trend strength is active

49.7 / 30.8 / 26.0Bullish
Supertrend (10,3)

Price is above Supertrend

$281.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$284.23 / $277.69Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Momentum

RSI (14)

Momentum is strong

60.0Bullish
MACD (12,26,9)

Histogram is negative

-0.329Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.3 / 47.0Bearish
Williams %R (14)

Neutral zone

-57.7Range
CCI (20)

Balanced zone

32.5Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$1.38 (0.48%)Bullish
Bollinger Bands (20,2)

Width 3.36%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$287.13 / $281.29Bullish
ATR channel lower / upper

Current Volatility Envelope

$284.34 / $287.1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

61.8Bullish
OBV slope

20-period OBV slope

101.48%Bullish
Volume ratio

Relative to 20-period average volume

3.55xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$288.39Range
Support

Nearest Downside Decision Level

$267Range

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