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Targa Resources Corp.

TRGP Technical Analysis Summary (NYSE)

Analyze TRGP on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

TRGP●NYSE
EnergyOil & Gas Midstream
$294.90
$12.35(4.37%)
U.S. Market opens in 62h 25m

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

TRGP Technical Analysis Summary (NYSE)

Targa Resources Corp. (NYSE: TRGP) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 57.01)
Trend Strength:Weak (ADX: 12.02)
Volatility:Medium (ATR: 7.81)
Support/Resistance:$271.82 – $296.23 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 57.01

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 73.78

Bullish
Buying momentum building without extremes.

Williams %R: -11.22

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 5.77

Strongly Bullish
Strong upside momentum.

Takeaway:Targa Resources Corp. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 1.37

Bullish
Bullish, trend momentum is strengthening.

ADX: 12.02

Weak
Weak trend, market trading sideways.

ATR (14): 7.81

High
High volatility, wide price fluctuations.

CCI (14): 77.66

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$296.23
Middle Band (SMA 20)
$284.03
Lower Band
$271.82
Current Position
Within Bands

Takeaway:Targa Resources Corp. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$302.00
Middle Line (EMA 20)
$286.38
Lower Channel
$270.76
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-2.70M
Money Flow Index63.58Bullish, inflows support continued momentum.
Relative Vigor Index52.61Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Targa Resources Corp. (NYSE: TRGP), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

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

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

(NYSE: TRGP) Technical Analysis FAQ