US stock / ETF

Targa Resources Corp.

TRGP · NYSE · USD

3 monthsBullish62%
3M Upside probability 62%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 $307.94.

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 82.9, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $37.86 (13.1%)

3M

EMA Structure

Range
EMA 8$218.85Bullish
EMA 21$147.71Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 82.9 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $37.86 · BB 210.36%

High volatility

Strength
Bearish
Volume
MFI 80.7 · OBV 133.47%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$3.66 - $307.94

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+19.67% · 1.5 ATR above latest close

$345.8
Nearest resistance

+6.57% · 0.5 ATR above · 29-bar high

$307.94
Current price

Price shown is delayed

$288.95
Nearest support

-98.73% · 7.5 ATR below · 29-bar low

$3.66
Deeper support zone

-111.84% · 8.5 ATR below latest close

-$34.2
ATR zone

Latest close ± ATR14

$251.09 - $326.81

Indicators

Trend

Dow Theory Structure

Confirmation $218.51, invalidation $144.14

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

Trend strength is active

80.3 / 49.2 / 7.5Bullish
Supertrend (10,3)

Price is above Supertrend

$143.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$185.99 / --Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Volatility

ATR (14)

High volatility

$37.86 (13.1%)Bearish
Bollinger Bands (20,2)

Width 210.36%

103%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$244.94 / $60.42Bearish
ATR channel lower / upper

Current Volatility Envelope

$251.09 / $326.81Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$307.94Range
Support

Nearest Downside Decision Level

$3.66Range

Momentum

RSI (14)

Momentum is strong

82.9Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

92.1 / 95.1Bearish
Williams %R (14)

Overbought zone

-7.9Bearish
CCI (20)

Strong expansion

166.0Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

80.7Bullish
OBV slope

20-period OBV slope

133.47%Bullish
Volume ratio

Relative to 20-period average volume

0.40xBearish

Trend

Dow Theory Structure

Confirmation $218.51, invalidation $144.14

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

Trend strength is active

80.3 / 49.2 / 7.5Bullish
Supertrend (10,3)

Price is above Supertrend

$143.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$185.99 / --Bullish
Donchian Channel (20)

20-period breakout channel position

93%Bullish

Momentum

RSI (14)

Momentum is strong

82.9Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

92.1 / 95.1Bearish
Williams %R (14)

Overbought zone

-7.9Bearish
CCI (20)

Strong expansion

166.0Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$37.86 (13.1%)Bearish
Bollinger Bands (20,2)

Width 210.36%

103%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$244.94 / $60.42Bearish
ATR channel lower / upper

Current Volatility Envelope

$251.09 / $326.81Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

80.7Bullish
OBV slope

20-period OBV slope

133.47%Bullish
Volume ratio

Relative to 20-period average volume

0.40xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$307.94Range
Support

Nearest Downside Decision Level

$3.66Range

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