US stock / ETF

Targa Resources Corp.

TRGP · NYSE · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

TRGP 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $267 and reclaim $293.61.

Invalidation Trigger

Lose $267 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 58.6, MACD 1.337

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.65 (0.93%)

4h

EMA Structure

Range
EMA 8$284.42Bullish
EMA 21$281.84Bullish
EMA 50$282.68Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.6 · MACD 1.337

Momentum is strong

Strength
Bullish
Volatility
ATR $2.65 · BB 8.07%

Low volatility

Strength
Bullish
Volume
MFI 69.5 · OBV 24.68%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$267 - $293.61

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.69% · 4.0 ATR above latest close

$296.26
Nearest resistance

+2.76% · 3.0 ATR above · 34-bar high

$293.61
Current price

Price shown is delayed

$285.72
Nearest support

-6.55% · 7.1 ATR below · 34-bar low

$267
Deeper support zone

-7.48% · 8.1 ATR below latest close

$264.35
ATR zone

Latest close ± ATR14

$283.07 - $288.37

Indicators

Trend

Dow Theory Structure

Confirmation $280.9, invalidation $284.32

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

Trend strength is active

29.6 / 47.8 / 14.4Bullish
Supertrend (10,3)

Price is above Supertrend

$278.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$280.23 / $281.4Bullish
Donchian Channel (20)

20-period breakout channel position

88%Bullish

Volatility

ATR (14)

Low volatility

$2.65 (0.93%)Bullish
Bollinger Bands (20,2)

Width 8.07%

80%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$286.51 / $277.29Bullish
ATR channel lower / upper

Current Volatility Envelope

$283.07 / $288.37Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$293.61Range
Support

Nearest Downside Decision Level

$267Range

Momentum

RSI (14)

Momentum is strong

58.6Bullish
MACD (12,26,9)

Histogram is positive

1.337Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

87.5 / 88.9Bearish
Williams %R (14)

Overbought zone

-12.5Bearish
CCI (20)

Balanced zone

94.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

69.5Bullish
OBV slope

20-period OBV slope

24.68%Bullish
Volume ratio

Relative to 20-period average volume

1.66xBullish

Trend

Dow Theory Structure

Confirmation $280.9, invalidation $284.32

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

Trend strength is active

29.6 / 47.8 / 14.4Bullish
Supertrend (10,3)

Price is above Supertrend

$278.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$280.23 / $281.4Bullish
Donchian Channel (20)

20-period breakout channel position

88%Bullish

Momentum

RSI (14)

Momentum is strong

58.6Bullish
MACD (12,26,9)

Histogram is positive

1.337Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

87.5 / 88.9Bearish
Williams %R (14)

Overbought zone

-12.5Bearish
CCI (20)

Balanced zone

94.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$2.65 (0.93%)Bullish
Bollinger Bands (20,2)

Width 8.07%

80%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$286.51 / $277.29Bullish
ATR channel lower / upper

Current Volatility Envelope

$283.07 / $288.37Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

69.5Bullish
OBV slope

20-period OBV slope

24.68%Bullish
Volume ratio

Relative to 20-period average volume

1.66xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$293.61Range
Support

Nearest Downside Decision Level

$267Range

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