US stock / ETF

Targa Resources Corp.

TRGP · NYSE · USD

3 monthsBullish66%
3M Upside probability 66%Bullish

TRGP 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $3.66 and reclaim $285.56.

Invalidation Trigger

Lose $3.66 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 82.5, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $36.19 (12.79%)

3M

EMA Structure

Range
EMA 8$217.51Bullish
EMA 21$147.16Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 82.5 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $36.19 · BB 208.99%

High volatility

Strength
Bearish
Volume
MFI 79.9 · OBV 129.58%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$3.66 - $285.56

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+13.73% · 1.1 ATR above latest close

$321.75
Nearest resistance

+0.94% · 0.1 ATR above · 29-bar high

$285.56
Current price

Price shown is delayed

$282.91
Nearest support

-98.71% · 7.7 ATR below · 29-bar low

$3.66
Deeper support zone

-111.5% · 8.7 ATR below latest close

-$32.53
ATR zone

Latest close ± ATR14

$246.72 - $319.1

Indicators

Trend

Dow Theory Structure

Confirmation $218.51, invalidation $144.14

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

Trend strength is active

80.1 / 47.1 / 7.8Bullish
Supertrend (10,3)

Price is above Supertrend

$139.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

$174.79 / --Bullish
Donchian Channel (20)

20-period breakout channel position

99%Bullish

Volatility

ATR (14)

High volatility

$36.19 (12.79%)Bearish
Bollinger Bands (20,2)

Width 208.99%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.7 / $64.5Bearish
ATR channel lower / upper

Current Volatility Envelope

$246.72 / $319.1Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$285.56Range
Support

Nearest Downside Decision Level

$3.66Range

Momentum

RSI (14)

Momentum is strong

82.5Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

98.8 / 97.3Bullish
Williams %R (14)

Overbought zone

-1.2Bearish
CCI (20)

Strong expansion

157.8Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

79.9Bullish
OBV slope

20-period OBV slope

129.58%Bullish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Trend

Dow Theory Structure

Confirmation $218.51, invalidation $144.14

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

Trend strength is active

80.1 / 47.1 / 7.8Bullish
Supertrend (10,3)

Price is above Supertrend

$139.39Bullish
Ichimoku Cloud

Cloud Span A / Span B

$174.79 / --Bullish
Donchian Channel (20)

20-period breakout channel position

99%Bullish

Momentum

RSI (14)

Momentum is strong

82.5Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

98.8 / 97.3Bullish
Williams %R (14)

Overbought zone

-1.2Bearish
CCI (20)

Strong expansion

157.8Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$36.19 (12.79%)Bearish
Bollinger Bands (20,2)

Width 208.99%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$239.7 / $64.5Bearish
ATR channel lower / upper

Current Volatility Envelope

$246.72 / $319.1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

79.9Bullish
OBV slope

20-period OBV slope

129.58%Bullish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$285.56Range
Support

Nearest Downside Decision Level

$3.66Range

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