US stock / ETF

Targa Resources Corp.

TRGP · NYSE · USD

3 monthsBullish73%
3M Upside probability 73%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 83.9, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $39.89 (13.19%)

3M

EMA Structure

Range
EMA 8$234.19Bullish
EMA 21$160.23Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 83.9 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $39.89 · BB 204.92%

High volatility

Strength
Bearish
Volume
MFI 80.9 · OBV 107.46%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$3.66 - $307.94

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+15.03% · 1.1 ATR above latest close

$347.83
Nearest resistance

+1.84% · 0.1 ATR above · 30-bar high

$307.94
Current price

Price shown is delayed

$302.37
Nearest support

-98.79% · 7.5 ATR below · 30-bar low

$3.66
Deeper support zone

-111.98% · 8.5 ATR below latest close

-$36.23
ATR zone

Latest close ± ATR14

$262.48 - $342.26

Indicators

Trend

Dow Theory Structure

Confirmation $218.51, invalidation $144.14

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

Trend strength is active

83.1 / 46.7 / 7.1Bullish
Supertrend (10,3)

Price is above Supertrend

$142.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$193.28 / --Bullish
Donchian Channel (20)

20-period breakout channel position

98%Bullish

Volatility

ATR (14)

High volatility

$39.89 (13.19%)Bearish
Bollinger Bands (20,2)

Width 204.92%

100%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$261.33 / $69.33Bearish
ATR channel lower / upper

Current Volatility Envelope

$262.48 / $342.26Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$307.94Range
Support

Nearest Downside Decision Level

$3.66Range

Momentum

RSI (14)

Momentum is strong

83.9Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

97.6 / 92.2Bullish
Williams %R (14)

Overbought zone

-2.4Bearish
CCI (20)

Strong expansion

152.3Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

80.9Bullish
OBV slope

20-period OBV slope

107.46%Bullish
Volume ratio

Relative to 20-period average volume

0.16xBearish

Trend

Dow Theory Structure

Confirmation $218.51, invalidation $144.14

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

Trend strength is active

83.1 / 46.7 / 7.1Bullish
Supertrend (10,3)

Price is above Supertrend

$142.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$193.28 / --Bullish
Donchian Channel (20)

20-period breakout channel position

98%Bullish

Momentum

RSI (14)

Momentum is strong

83.9Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

97.6 / 92.2Bullish
Williams %R (14)

Overbought zone

-2.4Bearish
CCI (20)

Strong expansion

152.3Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$39.89 (13.19%)Bearish
Bollinger Bands (20,2)

Width 204.92%

100%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$261.33 / $69.33Bearish
ATR channel lower / upper

Current Volatility Envelope

$262.48 / $342.26Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

80.9Bullish
OBV slope

20-period OBV slope

107.46%Bullish
Volume ratio

Relative to 20-period average volume

0.16xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$307.94Range
Support

Nearest Downside Decision Level

$3.66Range

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