US stock / ETF

Targa Resources Corp.

TRGP · NYSE · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

TRGP 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $230.38 and reclaim $307.94.

Invalidation Trigger

Lose $230.38 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 63.3, MACD -0.428

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $16.99 (5.62%)

Weekly

EMA Structure

Bullish
EMA 8$292.72Bullish
EMA 21$280.22Bullish
EMA 50$252.12Bullish

Signals

CategoryReadStrength
Momentum
RSI 63.3 · MACD -0.428

Momentum is strong

Strength
Bullish
Volatility
ATR $16.99 · BB 19.18%

High volatility

Strength
Bearish
Volume
MFI 47.0 · OBV 4.97%

Relative to 20-period average volume

Strength
Range
Price Levels
$230.38 - $307.94

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+7.46% · 1.3 ATR above latest close

$324.93
Nearest resistance

+1.84% · 0.3 ATR above · 34-bar high

$307.94
Current price

Price shown is delayed

$302.37
Nearest support

-23.81% · 4.2 ATR below · 34-bar low

$230.38
Deeper support zone

-29.43% · 5.2 ATR below latest close

$213.39
ATR zone

Latest close ± ATR14

$285.38 - $319.36

Indicators

Trend

Dow Theory Structure

Confirmation $307.94, invalidation $267

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

Trend strength is active

22.8 / 26.8 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

$258.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$280.73 / $229.86Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Volatility

ATR (14)

High volatility

$16.99 (5.62%)Bearish
Bollinger Bands (20,2)

Width 19.18%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$310.86 / $251.62Bearish
ATR channel lower / upper

Current Volatility Envelope

$285.38 / $319.36Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$307.94Range
Support

Nearest Downside Decision Level

$230.38Range

Momentum

RSI (14)

Momentum is strong

63.3Bullish
MACD (12,26,9)

Histogram is negative

-0.428Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.5 / 84.8Bullish
Williams %R (14)

Overbought zone

-10.5Bearish
CCI (20)

Strong expansion

135.8Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.0Range
OBV slope

20-period OBV slope

4.97%Bullish
Volume ratio

Relative to 20-period average volume

0.10xBearish

Trend

Dow Theory Structure

Confirmation $307.94, invalidation $267

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

Trend strength is active

22.8 / 26.8 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

$258.62Bullish
Ichimoku Cloud

Cloud Span A / Span B

$280.73 / $229.86Bullish
Donchian Channel (20)

20-period breakout channel position

90%Bullish

Momentum

RSI (14)

Momentum is strong

63.3Bullish
MACD (12,26,9)

Histogram is negative

-0.428Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.5 / 84.8Bullish
Williams %R (14)

Overbought zone

-10.5Bearish
CCI (20)

Strong expansion

135.8Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$16.99 (5.62%)Bearish
Bollinger Bands (20,2)

Width 19.18%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$310.86 / $251.62Bearish
ATR channel lower / upper

Current Volatility Envelope

$285.38 / $319.36Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.0Range
OBV slope

20-period OBV slope

4.97%Bullish
Volume ratio

Relative to 20-period average volume

0.10xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$307.94Range
Support

Nearest Downside Decision Level

$230.38Range

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