(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 2024-06-07 View latest technical analysis
10 day averaged volume of Targa Resources is 1343560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 118.01 | 117.70 | 118.65 | 116.73 | 0.776 times |
| 06 Thu Jun 2024 | 117.98 | 117.91 | 118.46 | 117.01 | 0.931 times |
| 05 Wed Jun 2024 | 118.19 | 116.97 | 118.23 | 115.82 | 0.959 times |
| 04 Tue Jun 2024 | 116.73 | 115.56 | 116.97 | 114.51 | 1.18 times |
| 03 Mon Jun 2024 | 116.53 | 118.23 | 118.63 | 114.64 | 1.118 times |
| 31 Fri May 2024 | 118.23 | 116.73 | 118.27 | 116.15 | 1.384 times |
| 30 Thu May 2024 | 116.58 | 114.73 | 116.67 | 114.73 | 1.069 times |
| 29 Wed May 2024 | 114.68 | 115.27 | 115.83 | 114.36 | 0.737 times |
| 28 Tue May 2024 | 115.51 | 114.62 | 116.17 | 114.62 | 1.086 times |
| 24 Fri May 2024 | 114.28 | 114.50 | 114.75 | 113.65 | 0.691 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 117.8, but if it comes below 117.8, then a intra day sell could be more profitable.
If you take a sell trade below 117.8, then use 117.8 as stoploss and 116.06 as target. However if you take a buy trade in stock , then use 117.8 as stoploss and 119.9 as target.
Share price targets for Targa Resources (TRGP)
| Target Type | Value |
| Downside Target | 84.33 |
| Downside Target | 98.60 |
| Downside Target | 110.09 |
| Downside Target | 114.51 |
| Downside Target | 117.87 |
| Downside Target | 117.94 |
| Upside Target | 118.27 |
| Upside Target | 118.65 |
| Upside Target | 119.68 |
Intraday share price targets for Targa Resources (TRGP)
| Target Type | Value |
| Downside Intraday Target | 115.46 |
| Downside Intraday Target | 112.92 |
| Upside Intraday Target | 119.6 |
| Upside Intraday Target | 121.2 |
| Downside Intraday Target | 117.06 |
Weekly technical analysis of Targa Resources (TRGP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 118.01 | 118.23 | 118.65 | 114.51 | 1.161 times |
| 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 |
Price has moved down 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 |
| 07 Fri Jun 2024 | 118.01 | 118.23 | 118.65 | 114.51 | 0.224 times |
| 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 |
Scroll below to view daily charts
Price has moved down 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Targa Resources in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 116.8 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Targa Resources in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 116.8 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.