US stock / ETF

Targa Resources Corp.

TRGP · NYSE · USD

1 monthBullish86%
Monthly Upside probability 86%Bullish

TRGP 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $78.4 and reclaim $279.31.

Invalidation Trigger

Lose $78.4 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 76.8, MACD 6.796

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $23.74 (8.71%)

Monthly

EMA Structure

Bullish
EMA 8$235.84Bullish
EMA 21$197.72Bullish
EMA 50$145.6Bullish

Signals

CategoryReadStrength
Momentum
RSI 76.8 · MACD 6.796

Momentum is strong

Strength
Bullish
Volatility
ATR $23.74 · BB 72.15%

High volatility

Strength
Bearish
Volume
MFI 73.3 · OBV 23.24%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$78.4 - $279.31

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+11.17% · 1.3 ATR above latest close

$303.05
Nearest resistance

+2.46% · 0.3 ATR above · 34-bar high

$279.31
Current price

Price shown is delayed

$272.6
Nearest support

-71.24% · 8.2 ATR below · 34-bar low

$78.4
Deeper support zone

-79.95% · 9.2 ATR below latest close

$54.66
ATR zone

Latest close ± ATR14

$248.86 - $296.34

Indicators

Trend

Dow Theory Structure

Confirmation $218.48, invalidation $144.36

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

Trend strength is active

36.7 / 35.2 / 4.8Bullish
Supertrend (10,3)

Price is above Supertrend

$184.23Bullish
Ichimoku Cloud

Cloud Span A / Span B

$203.28 / $167.46Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Volatility

ATR (14)

High volatility

$23.74 (8.71%)Bearish
Bollinger Bands (20,2)

Width 72.15%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$253.88 / $146.15Bearish
ATR channel lower / upper

Current Volatility Envelope

$248.86 / $296.34Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$279.31Range
Support

Nearest Downside Decision Level

$78.4Range

Momentum

RSI (14)

Momentum is strong

76.8Bullish
MACD (12,26,9)

Histogram is positive

6.796Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

95.0 / 92.2Bullish
Williams %R (14)

Overbought zone

-5.0Bearish
CCI (20)

Strong expansion

175.8Bullish
TD Sequential

Exhaustion setup is near completion

sell 8Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

73.3Bullish
OBV slope

20-period OBV slope

23.24%Bullish
Volume ratio

Relative to 20-period average volume

0.70xBearish

Trend

Dow Theory Structure

Confirmation $218.48, invalidation $144.36

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

Trend strength is active

36.7 / 35.2 / 4.8Bullish
Supertrend (10,3)

Price is above Supertrend

$184.23Bullish
Ichimoku Cloud

Cloud Span A / Span B

$203.28 / $167.46Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Momentum

RSI (14)

Momentum is strong

76.8Bullish
MACD (12,26,9)

Histogram is positive

6.796Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

95.0 / 92.2Bullish
Williams %R (14)

Overbought zone

-5.0Bearish
CCI (20)

Strong expansion

175.8Bullish
TD Sequential

Exhaustion setup is near completion

sell 8Bearish

Volatility

ATR (14)

High volatility

$23.74 (8.71%)Bearish
Bollinger Bands (20,2)

Width 72.15%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$253.88 / $146.15Bearish
ATR channel lower / upper

Current Volatility Envelope

$248.86 / $296.34Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

73.3Bullish
OBV slope

20-period OBV slope

23.24%Bullish
Volume ratio

Relative to 20-period average volume

0.70xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$279.31Range
Support

Nearest Downside Decision Level

$78.4Range

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