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(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 2024-08-20 View latest technical analysis

10 day averaged volume of Targa Resources is 2130089

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	141.60	144.35	144.81	140.90	0.436 times
19 Mon Aug 2024	144.49	142.42	144.84	142.42	0.663 times
16 Fri Aug 2024	142.46	142.24	142.96	141.26	0.719 times
15 Thu Aug 2024	142.83	141.48	142.91	140.74	1.05 times
14 Wed Aug 2024	140.16	136.86	140.25	136.60	0.989 times
13 Tue Aug 2024	136.60	136.89	137.08	135.50	0.953 times
12 Mon Aug 2024	137.59	136.45	138.47	136.45	0.886 times
09 Fri Aug 2024	135.69	136.72	137.15	135.16	0.819 times
08 Thu Aug 2024	136.71	133.87	137.13	133.50	0.894 times
07 Wed Aug 2024	133.24	133.55	137.49	133.15	1.618 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 140.2, but if it comes below 140.2, then a intra day sell could be more profitable.
If you take a sell trade below 140.2, then use 140.2 as stoploss and 135.76 as target. However if you take a buy trade in stock , then use 140.2 as stoploss and 145.6 as target.

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
Downside Target	135.50
Downside Target	138.28
Downside Target	139.35
Downside Target	140.90
Upside Target	142.96
Upside Target	144.84

Intraday share price targets for Targa Resources (TRGP)

Target Type	Value
Downside Intraday Target	140.05
Downside Intraday Target	138.51
Upside Intraday Target	143.99
Upside Intraday Target	146.39
Upside Intraday Target	142.45

Weekly technical analysis of Targa Resources (TRGP)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	141.60	142.42	144.84	140.90	0.239 times
16 Fri Aug 2024	142.46	136.45	142.96	135.50	0.752 times
09 Fri Aug 2024	135.69	126.19	137.49	122.56	1.664 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

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
20 Tue Aug 2024	141.60	135.35	144.84	122.56	1.069 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 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Targa Resources in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 138.43 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.