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 $218.71 and reclaim $307.94.

Invalidation Trigger

Lose $218.71 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 57.9, MACD -2.040

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $16.57 (5.8%)

Weekly

EMA Structure

Bullish
EMA 8$283.77Bullish
EMA 21$273.55Bullish
EMA 50$245.98Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.9 · MACD -2.040

Momentum is strong

Strength
Bullish
Volatility
ATR $16.57 · BB 18.15%

High volatility

Strength
Bearish
Volume
MFI 47.4 · OBV 3.55%

Relative to 20-period average volume

Strength
Range
Price Levels
$218.71 - $307.94

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+13.58% · 2.3 ATR above latest close

$324.51
Nearest resistance

+7.78% · 1.3 ATR above · 34-bar high

$307.94
Current price

Price shown is delayed

$285.72
Nearest support

-23.45% · 4.0 ATR below · 34-bar low

$218.71
Deeper support zone

-29.25% · 5.0 ATR below latest close

$202.14
ATR zone

Latest close ± ATR14

$269.15 - $302.29

Indicators

Trend

Dow Theory Structure

Confirmation $307.94, invalidation $255.08

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

Trend strength is active

26.4 / 26.5 / 18.5Bullish
Supertrend (10,3)

Price is above Supertrend

$236.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$276.24 / $226.04Bullish
Donchian Channel (20)

20-period breakout channel position

60%Bullish

Volatility

ATR (14)

High volatility

$16.57 (5.8%)Bearish
Bollinger Bands (20,2)

Width 18.15%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$306.92 / $242.15Bearish
ATR channel lower / upper

Current Volatility Envelope

$269.15 / $302.29Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$307.94Range
Support

Nearest Downside Decision Level

$218.71Range

Momentum

RSI (14)

Momentum is strong

57.9Bullish
MACD (12,26,9)

Histogram is negative

-2.040Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.0 / 50.5Bullish
Williams %R (14)

Neutral zone

-42.0Range
CCI (20)

Balanced zone

57.2Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.4Range
OBV slope

20-period OBV slope

3.55%Bullish
Volume ratio

Relative to 20-period average volume

0.36xBearish

Trend

Dow Theory Structure

Confirmation $307.94, invalidation $255.08

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

Trend strength is active

26.4 / 26.5 / 18.5Bullish
Supertrend (10,3)

Price is above Supertrend

$236.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$276.24 / $226.04Bullish
Donchian Channel (20)

20-period breakout channel position

60%Bullish

Momentum

RSI (14)

Momentum is strong

57.9Bullish
MACD (12,26,9)

Histogram is negative

-2.040Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.0 / 50.5Bullish
Williams %R (14)

Neutral zone

-42.0Range
CCI (20)

Balanced zone

57.2Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$16.57 (5.8%)Bearish
Bollinger Bands (20,2)

Width 18.15%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$306.92 / $242.15Bearish
ATR channel lower / upper

Current Volatility Envelope

$269.15 / $302.29Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.4Range
OBV slope

20-period OBV slope

3.55%Bullish
Volume ratio

Relative to 20-period average volume

0.36xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$307.94Range
Support

Nearest Downside Decision Level

$218.71Range

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