US stock / ETF

Targa Resources Corp.

TRGP · NYSE · USD

1 monthBullish82%
Monthly Upside probability 82%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 74.8, MACD 5.977

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $30.88 (10.21%)

Monthly

EMA Structure

Bullish
EMA 8$267.34Bullish
EMA 21$225.01Bullish
EMA 50$167.7Bullish

Signals

CategoryReadStrength
Momentum
RSI 74.8 · MACD 5.977

Momentum is strong

Strength
Bullish
Volatility
ATR $30.88 · BB 90.76%

High volatility

Strength
Bearish
Volume
MFI 87.3 · OBV 11.85%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$81.03 - $307.94

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+12.05% · 1.2 ATR above latest close

$338.82
Nearest resistance

+1.84% · 0.2 ATR above · 34-bar high

$307.94
Current price

Price shown is delayed

$302.37
Nearest support

-73.2% · 7.2 ATR below · 34-bar low

$81.03
Deeper support zone

-83.41% · 8.2 ATR below latest close

$50.15
ATR zone

Latest close ± ATR14

$271.49 - $333.25

Indicators

Trend

Dow Theory Structure

Confirmation $307.94, invalidation $144.14

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

Trend strength is active

44.8 / 35.2 / 3.2Bullish
Supertrend (10,3)

Price is above Supertrend

$182.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$238.33 / $181.75Bullish
Donchian Channel (20)

20-period breakout channel position

97%Bullish

Volatility

ATR (14)

High volatility

$30.88 (10.21%)Bearish
Bollinger Bands (20,2)

Width 90.76%

94%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$296.96 / $158.37Bearish
ATR channel lower / upper

Current Volatility Envelope

$271.49 / $333.25Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$307.94Range
Support

Nearest Downside Decision Level

$81.03Range

Momentum

RSI (14)

Momentum is strong

74.8Bullish
MACD (12,26,9)

Histogram is positive

5.977Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

96.6 / 87.9Bullish
Williams %R (14)

Overbought zone

-3.4Bearish
CCI (20)

Strong expansion

116.1Bullish
TD Sequential

Exhaustion setup is near completion

sell 12Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

87.3Bullish
OBV slope

20-period OBV slope

11.85%Bullish
Volume ratio

Relative to 20-period average volume

0.53xBearish

Trend

Dow Theory Structure

Confirmation $307.94, invalidation $144.14

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

Trend strength is active

44.8 / 35.2 / 3.2Bullish
Supertrend (10,3)

Price is above Supertrend

$182.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$238.33 / $181.75Bullish
Donchian Channel (20)

20-period breakout channel position

97%Bullish

Momentum

RSI (14)

Momentum is strong

74.8Bullish
MACD (12,26,9)

Histogram is positive

5.977Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

96.6 / 87.9Bullish
Williams %R (14)

Overbought zone

-3.4Bearish
CCI (20)

Strong expansion

116.1Bullish
TD Sequential

Exhaustion setup is near completion

sell 12Bearish

Volatility

ATR (14)

High volatility

$30.88 (10.21%)Bearish
Bollinger Bands (20,2)

Width 90.76%

94%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$296.96 / $158.37Bearish
ATR channel lower / upper

Current Volatility Envelope

$271.49 / $333.25Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

87.3Bullish
OBV slope

20-period OBV slope

11.85%Bullish
Volume ratio

Relative to 20-period average volume

0.53xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$307.94Range
Support

Nearest Downside Decision Level

$81.03Range

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