(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 2024-08-06 View latest technical analysis
10 day averaged volume of Targa Resources is 1612411
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 131.62 | 129.06 | 133.74 | 128.44 | 1.862 times |
| 05 Mon Aug 2024 | 127.86 | 126.19 | 128.30 | 122.56 | 1.809 times |
| 02 Fri Aug 2024 | 130.58 | 134.82 | 134.88 | 129.23 | 1.024 times |
| 01 Thu Aug 2024 | 136.10 | 135.35 | 139.35 | 134.30 | 1.42 times |
| 31 Wed Jul 2024 | 135.28 | 134.59 | 136.48 | 134.05 | 0.967 times |
| 30 Tue Jul 2024 | 134.14 | 133.23 | 134.74 | 132.62 | 0.776 times |
| 29 Mon Jul 2024 | 133.01 | 132.27 | 133.10 | 131.12 | 0.665 times |
| 26 Fri Jul 2024 | 131.57 | 132.36 | 133.07 | 131.25 | 0.846 times |
| 25 Thu Jul 2024 | 131.98 | 131.62 | 133.06 | 130.67 | 0.955 times |
| 24 Wed Jul 2024 | 131.62 | 136.05 | 136.38 | 131.53 | 0.966 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 131.4 as stoploss in an intra day buy trade for a target of 133.73. However, stock will show a bearish move below 131.4.
Share price targets for Targa Resources (TRGP)
| Target Type | Value |
| Downside Target | 110.09 |
| Downside Target | 114.51 |
| Downside Target | 117.87 |
| Downside Target | 122.56 |
| Downside Target | 127.96 |
| Upside Target | 133.74 |
| Upside Target | 135.47 |
| Upside Target | 136.87 |
| Upside Target | 138.28 |
| Upside Target | 139.35 |
Intraday share price targets for Targa Resources (TRGP)
| Target Type | Value |
| Downside Intraday Target | 124.87 |
| Downside Intraday Target | 118.13 |
| Upside Intraday Target | 136.05 |
| Upside Intraday Target | 140.49 |
| Downside Intraday Target | 129.31 |
Weekly technical analysis of Targa Resources (TRGP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 131.62 | 126.19 | 133.74 | 122.56 | 0.757 times |
| 02 Fri Aug 2024 | 130.58 | 132.27 | 139.35 | 129.23 | 1.154 times |
| 26 Fri Jul 2024 | 131.57 | 136.15 | 138.28 | 130.67 | 1.115 times |
| 19 Fri Jul 2024 | 136.37 | 135.86 | 136.87 | 133.43 | 1.28 times |
| 12 Fri Jul 2024 | 135.05 | 131.98 | 135.47 | 131.52 | 2.776 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 |
| 06 Tue Aug 2024 | 131.62 | 135.35 | 139.35 | 122.56 | 0.362 times |
| 31 Wed Jul 2024 | 135.28 | 129.98 | 138.28 | 127.96 | 0.809 times |
| 28 Fri Jun 2024 | 128.78 | 118.23 | 130.53 | 114.51 | 1.129 times |
| 31 Fri May 2024 | 118.23 | 113.86 | 119.68 | 110.09 | 0.786 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Targa Resources ( (TRGP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Targa Resources ( (TRGP) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Targa Resources in short term but the sell signal is initial and weak.
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 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 buy signal for Targa Resources in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Targa Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 132.08 and Targa Resources (TRGP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Targa Resources ( (TRGP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Targa Resources ( (TRGP) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Targa Resources in short term but the sell signal is initial and weak.
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 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 buy signal for Targa Resources in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Targa Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 132.08 and Targa Resources (TRGP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.