US stock / ETF

Targa Resources Corp.

TRGP · NYSE · USD

1 monthBullish79%
Monthly Upside probability 79%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 $81.03 and reclaim $307.94.

Invalidation Trigger

Lose $81.03 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 72.5, MACD 4.914

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $29.61 (10.36%)

Monthly

EMA Structure

Bullish
EMA 8$263.64Bullish
EMA 21$223.5Bullish
EMA 50$167.05Bullish

Signals

CategoryReadStrength
Momentum
RSI 72.5 · MACD 4.914

Momentum is strong

Strength
Bullish
Volatility
ATR $29.61 · BB 88.61%

High volatility

Strength
Bearish
Volume
MFI 86.8 · OBV 10.40%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$81.03 - $307.94

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+18.14% · 1.8 ATR above latest close

$337.55
Nearest resistance

+7.78% · 0.8 ATR above · 34-bar high

$307.94
Current price

Price shown is delayed

$285.72
Nearest support

-71.64% · 6.9 ATR below · 34-bar low

$81.03
Deeper support zone

-82% · 7.9 ATR below latest close

$51.42
ATR zone

Latest close ± ATR14

$256.11 - $315.33

Indicators

Trend

Dow Theory Structure

Confirmation $307.94, invalidation $144.14

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

Trend strength is active

44.6 / 35.1 / 3.7Bullish
Supertrend (10,3)

Price is above Supertrend

$179.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$238.33 / $181.75Bullish
Donchian Channel (20)

20-period breakout channel position

86%Bullish

Volatility

ATR (14)

High volatility

$29.61 (10.36%)Bearish
Bollinger Bands (20,2)

Width 88.61%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$291.83 / $160.33Bearish
ATR channel lower / upper

Current Volatility Envelope

$256.11 / $315.33Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$307.94Range
Support

Nearest Downside Decision Level

$81.03Range

Momentum

RSI (14)

Momentum is strong

72.5Bullish
MACD (12,26,9)

Histogram is positive

4.914Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

86.4 / 84.5Bullish
Williams %R (14)

Overbought zone

-13.6Bearish
CCI (20)

Strong expansion

101.3Bullish
TD Sequential

Exhaustion setup is near completion

sell 12Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

86.8Bullish
OBV slope

20-period OBV slope

10.40%Bullish
Volume ratio

Relative to 20-period average volume

0.14xBearish

Trend

Dow Theory Structure

Confirmation $307.94, invalidation $144.14

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

Trend strength is active

44.6 / 35.1 / 3.7Bullish
Supertrend (10,3)

Price is above Supertrend

$179.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$238.33 / $181.75Bullish
Donchian Channel (20)

20-period breakout channel position

86%Bullish

Momentum

RSI (14)

Momentum is strong

72.5Bullish
MACD (12,26,9)

Histogram is positive

4.914Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

86.4 / 84.5Bullish
Williams %R (14)

Overbought zone

-13.6Bearish
CCI (20)

Strong expansion

101.3Bullish
TD Sequential

Exhaustion setup is near completion

sell 12Bearish

Volatility

ATR (14)

High volatility

$29.61 (10.36%)Bearish
Bollinger Bands (20,2)

Width 88.61%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$291.83 / $160.33Bearish
ATR channel lower / upper

Current Volatility Envelope

$256.11 / $315.33Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

86.8Bullish
OBV slope

20-period OBV slope

10.40%Bullish
Volume ratio

Relative to 20-period average volume

0.14xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$307.94Range
Support

Nearest Downside Decision Level

$81.03Range

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