US stock / ETF

Targa Resources Corp.

TRGP · NYSE · USD

4 hoursBullish86%
4h Upside probability 86%Bullish

TRGP 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $253.82 and reclaim $276.24.

Invalidation Trigger

Lose $253.82 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 59.5, MACD 1.238

4h
Volatility EnvironmentRange
Low volatility

ATR is $4.6 (1.69%)

4h

EMA Structure

Bullish
EMA 8$269.85Bullish
EMA 21$267.09Bullish
EMA 50$264.86Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.5 · MACD 1.238

Momentum is strong

Strength
Bullish
Volatility
ATR $4.6 · BB 8.49%

Low volatility

Strength
Range
Volume
MFI 87.1 · OBV 3.72%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$253.82 - $276.24

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.9% · 1.7 ATR above latest close

$280.84
Nearest resistance

+1.21% · 0.7 ATR above · 34-bar high

$276.24
Current price

Price shown is delayed

$272.93
Nearest support

-7% · 4.2 ATR below · 34-bar low

$253.82
Deeper support zone

-8.69% · 5.2 ATR below latest close

$249.21
ATR zone

Latest close ± ATR14

$268.33 - $277.53

Indicators

Trend

Dow Theory Structure

Confirmation $268.74, invalidation $253.82

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

Trend strength is active

36.5 / 29.4 / 16.4Bullish
Supertrend (10,3)

Price is above Supertrend

$257.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$266.09 / $266.23Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Volatility

ATR (14)

Low volatility

$4.6 (1.69%)Range
Bollinger Bands (20,2)

Width 8.49%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$276.58 / $257.8Range
ATR channel lower / upper

Current Volatility Envelope

$268.33 / $277.53Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$276.24Range
Support

Nearest Downside Decision Level

$253.82Range

Momentum

RSI (14)

Momentum is strong

59.5Bullish
MACD (12,26,9)

Histogram is positive

1.238Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.4 / 89.6Bearish
Williams %R (14)

Overbought zone

-10.6Bearish
CCI (20)

Strong expansion

101.6Bullish
TD Sequential

Exhaustion setup is near completion

sell 9Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

87.1Bullish
OBV slope

20-period OBV slope

3.72%Bullish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Trend

Dow Theory Structure

Confirmation $268.74, invalidation $253.82

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

Trend strength is active

36.5 / 29.4 / 16.4Bullish
Supertrend (10,3)

Price is above Supertrend

$257.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$266.09 / $266.23Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Momentum

RSI (14)

Momentum is strong

59.5Bullish
MACD (12,26,9)

Histogram is positive

1.238Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

89.4 / 89.6Bearish
Williams %R (14)

Overbought zone

-10.6Bearish
CCI (20)

Strong expansion

101.6Bullish
TD Sequential

Exhaustion setup is near completion

sell 9Bearish

Volatility

ATR (14)

Low volatility

$4.6 (1.69%)Range
Bollinger Bands (20,2)

Width 8.49%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$276.58 / $257.8Range
ATR channel lower / upper

Current Volatility Envelope

$268.33 / $277.53Range

Volume / Money Flow

MFI (14)

Money flow is strong

87.1Bullish
OBV slope

20-period OBV slope

3.72%Bullish
Volume ratio

Relative to 20-period average volume

0.25xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$276.24Range
Support

Nearest Downside Decision Level

$253.82Range

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