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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
$291.78
$10.46(3.72%)
U.S. Market opens in 4h 0m

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: 51.47)
Trend Strength:Moderate (ADX: 21.46)
Volatility:Medium (ATR: 10.66)
Support/Resistance:$266.78 – $318.45 (Bollinger Bands)

Technical conditions suggest Targa Resources Corp. on the NYSE is awaiting a decisive move. Technical signals confirm buyers remain in control of Targa Resources Corp.’s price action.

Momentum Indicators

RSI (14): 51.47

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 37.93

Bearish
Momentum remains weak below midpoint.

Williams %R: -44.84

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 0.77

Neutral
Price change is minimal.

Takeaway:Targa Resources Corp. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -2.15

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.46

Moderate
Moderate trend, direction gaining strength.

ATR (14): 10.66

Rising
Rising volatility, market activity increasing.

CCI (14): -23.59

Bearish
Bearish, momentum remains under pressure.

Takeaway:Targa Resources Corp. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$318.45
Middle Band (SMA 20)
$292.62
Lower Band
$266.78
Current Position
Within Bands

Takeaway:Targa Resources Corp. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$310.16
Middle Line (EMA 20)
$288.83
Lower Channel
$267.51
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume234.14K
Money Flow Index47.19Neutral, balanced money flows with no clear signal.
Relative Vigor Index66.41Bullish, price momentum strongly favors buyers.

Overall Takeaway:TRGP shows mixed signals in money flow analysis.

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.

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

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

(NYSE: TRGP) Technical Analysis FAQ