(TRGP) Targa Resources complete technical analysis [charts+indicators] | Buy/Sell Targa Resources | (TRGP) share price targets
Complete technical analysis of Targa Resources (TRGP) by charts plus indicators, forecast predictions and share price targets for Targa Resources (TRGP)
Targa Resources trades in USA in Public Utilities sector.
Showing technical analysis as on 2024-05-31 View latest technical analysis
10 day averaged volume of Targa Resources is 1164769
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 118.23 | 116.73 | 118.27 | 116.15 | 1.596 times |
| 30 Thu May 2024 | 116.58 | 114.73 | 116.67 | 114.73 | 1.233 times |
| 29 Wed May 2024 | 114.68 | 115.27 | 115.83 | 114.36 | 0.85 times |
| 28 Tue May 2024 | 115.51 | 114.62 | 116.17 | 114.62 | 1.252 times |
| 24 Fri May 2024 | 114.28 | 114.50 | 114.75 | 113.65 | 0.797 times |
| 23 Thu May 2024 | 113.85 | 115.45 | 116.26 | 113.75 | 0.976 times |
| 22 Wed May 2024 | 114.92 | 117.00 | 117.54 | 114.17 | 1.184 times |
| 21 Tue May 2024 | 118.20 | 117.75 | 119.68 | 117.52 | 0.955 times |
| 20 Mon May 2024 | 117.55 | 117.70 | 118.12 | 116.73 | 0.744 times |
| 17 Fri May 2024 | 117.67 | 116.75 | 117.94 | 116.32 | 0.929 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 116.8, but if it comes below 116.8, then a intra day sell could be more profitable.
If you take a sell trade below 116.8, then use 116.8 as stoploss and 114.89 as target. However if you take a buy trade in stock , then use 116.8 as stoploss and 119.1 as target.
Share price targets for Targa Resources (TRGP)
| Target Type | Value |
| Downside Target | 81.03 |
| Downside Target | 84.33 |
| Downside Target | 89.16 |
| Downside Target | 98.60 |
| Downside Target | 110.09 |
| Downside Target | 114.36 |
| Downside Target | 117.34 |
| Downside Target | 117.87 |
| Downside Target | 117.94 |
| Upside Target | 118.27 |
| Upside Target | 119.68 |
Intraday share price targets for Targa Resources (TRGP)
| Target Type | Value |
| Downside Intraday Target | 115.64 |
| Downside Intraday Target | 113.04 |
| Upside Intraday Target | 119.55 |
| Upside Intraday Target | 120.86 |
| Downside Intraday Target | 116.95 |
Weekly technical analysis of Targa Resources (TRGP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 118.23 | 114.62 | 118.27 | 114.36 | 1.059 times |
| 24 Fri May 2024 | 114.28 | 117.70 | 119.68 | 113.65 | 0.881 times |
| 17 Fri May 2024 | 117.67 | 113.42 | 117.94 | 112.27 | 0.964 times |
| 10 Fri May 2024 | 113.20 | 113.00 | 114.00 | 112.05 | 0.691 times |
| 03 Fri May 2024 | 112.31 | 116.72 | 117.34 | 110.09 | 1.215 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Targa Resources (TRGP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 118.23 | 113.86 | 119.68 | 110.09 | 0.786 times |
| 30 Tue Apr 2024 | 114.06 | 112.51 | 117.87 | 111.19 | 1.209 times |
| 28 Thu Mar 2024 | 111.99 | 98.60 | 112.50 | 98.60 | 0.715 times |
| 29 Thu Feb 2024 | 98.24 | 85.41 | 99.04 | 84.33 | 1.403 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Targa Resources (TRGP)
Price action analysis of Targa Resources ( (TRGP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Targa Resources ( (TRGP) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Targa Resources ( (TRGP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Targa Resources ( (TRGP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Targa Resources stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Targa Resources in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Targa Resources Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Targa Resources in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Targa Resources is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 116.25 and Targa Resources (TRGP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Targa Resources (TRGP) stock. Volume based technical analysis of Targa Resources (TRGP) stock is negative.
Targa Resources Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Targa Resources ( (TRGP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Targa Resources ( (TRGP) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Targa Resources ( (TRGP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Targa Resources ( (TRGP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Targa Resources stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Targa Resources in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Targa Resources Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Targa Resources in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Targa Resources is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 116.25 and Targa Resources (TRGP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Targa Resources (TRGP) stock. Volume based technical analysis of Targa Resources (TRGP) stock is negative.
Targa Resources Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.