US stock / ETF

Targa Resources Corp.

TRGP · NYSE · USD

3 monthsBullish60%
3M Upside probability 60%Bullish

TRGP 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $13.11 and reclaim $279.31.

Invalidation Trigger

Lose $13.11 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 86.5, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $34.7 (12.73%)

3M

EMA Structure

Range
EMA 8$199.75Bullish
EMA 21$127.99Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 86.5 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $34.7 · BB 210.61%

High volatility

Strength
Bearish
Volume
MFI 77.4 · OBV 164.12%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$13.11 - $279.31

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+15.19% · 1.2 ATR above latest close

$314.01
Nearest resistance

+2.46% · 0.2 ATR above · 24-bar high

$279.31
Current price

Price shown is delayed

$272.6
Nearest support

-95.19% · 7.5 ATR below · 24-bar low

$13.11
Deeper support zone

-107.92% · 8.5 ATR below latest close

-$21.6
ATR zone

Latest close ± ATR14

$237.9 - $307.3

Indicators

Trend

Dow Theory Structure

Confirmation $218.48, invalidation $144.36

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$124.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

97%Bullish

Volatility

ATR (14)

High volatility

$34.7 (12.73%)Bearish
Bollinger Bands (20,2)

Width 210.61%

106%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$219.32 / $45.55Bearish
ATR channel lower / upper

Current Volatility Envelope

$237.9 / $307.3Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$279.31Range
Support

Nearest Downside Decision Level

$13.11Range

Momentum

RSI (14)

Momentum is strong

86.5Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

96.9 / 91.6Bullish
Williams %R (14)

Overbought zone

-3.1Bearish
CCI (20)

Strong expansion

168.1Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

77.4Bullish
OBV slope

20-period OBV slope

164.12%Bullish
Volume ratio

Relative to 20-period average volume

0.91xRange

Trend

Dow Theory Structure

Confirmation $218.48, invalidation $144.36

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$124.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

97%Bullish

Momentum

RSI (14)

Momentum is strong

86.5Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

96.9 / 91.6Bullish
Williams %R (14)

Overbought zone

-3.1Bearish
CCI (20)

Strong expansion

168.1Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$34.7 (12.73%)Bearish
Bollinger Bands (20,2)

Width 210.61%

106%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$219.32 / $45.55Bearish
ATR channel lower / upper

Current Volatility Envelope

$237.9 / $307.3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

77.4Bullish
OBV slope

20-period OBV slope

164.12%Bullish
Volume ratio

Relative to 20-period average volume

0.91xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$279.31Range
Support

Nearest Downside Decision Level

$13.11Range

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