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Targa Exploration Corp.

TEX.CN Technical Analysis Summary (CNQ)

Analyze TEX.CN on the CNQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

TEX.CN●CNQ
Basic MaterialsIndustrial Materials
$0.18
$0.010(5.88%)
Canadian Market opens in 18h 9m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

TEX.CN Technical Analysis Summary (CNQ)

Targa Exploration Corp. (CNQ: TEX.CN) stock currently shows a neutral trend on the CNQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 57.21)
Trend Strength:Weak (ADX: 11.63)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.14 – $0.17 (Bollinger Bands)

Technical conditions suggest Targa Exploration Corp. on the CNQ is awaiting a decisive move. Overall, Targa Exploration Corp. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 57.21

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 95.24

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 20.00

Strongly Bullish
Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 11.63

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 221.98

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Targa Exploration Corp. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.17
Middle Band (SMA 20)
$0.16
Lower Band
$0.14
Current Position
Above Upper Band

Takeaway:Targa Exploration Corp. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$0.19
Middle Line (EMA 20)
$0.16
Lower Channel
$0.14
Squeeze Status
Squeeze On

Takeaway:Targa Exploration Corp. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-448.68K
Money Flow Index83.70Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index58.69Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:TEX.CN shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Targa Exploration Corp. (CNQ: TEX.CN), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for Targa Exploration Corp. are mixed, suggesting a Hold or wait-and-see approach.

(CNQ: TEX.CN) Technical Analysis FAQ