TARGA RESOURCES CORP (TRGP)
US87612G1013 - Common Stock
We assign a technical rating of 7 out of 10 to TRGP. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month TRGP has a been trading in the 171.19 - 209.87 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, TRGP did better than 94% of all other stocks. We also observe that the gains produced by TRGP over the past year are nicely spread over this period.
TRGP is part of the Oil, Gas & Consumable Fuels industry. There are 205 other stocks in this industry. TRGP outperforms 97% of them.
TRGP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TRGP is performing more or less in line with the market.
TRGP has an average volume of 1807930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Volume is considerably higher in the last couple of days.
Although TRGP has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
100.26
200.32
When analyzing the support we can see 2 important areas.
- Support @171.93 from a horizontal line in the daily time frame.
- Support @101.27 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @198.34 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.74
Mansfield2.39
10 Day High195.76
10 Day Low171.19
20 Day High209.87
20 Day Low171.19
52 Week High209.87
52 Week Low81.03
Performance
1 Week-4.24%
2 Weeks-9.03%
1 Month-14.88%
3 Month15.68%
6 Month41.32%
12 Month103.89%
2 Year140.53%
3 Year238.42%
5 Year332.99%
10 Year66.7%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-3.04
RSI(14)38.85
LBB169.4
UBB202.01
TARGA RESOURCES CORP
NYSE:TRGP (12/20/2024, 8:04:00 PM)
After market: 178 +1.21 (+0.68%)176.79
+4.26 (+2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.47%
1 Week-4.24%
2 Weeks-9.03%
1 Month-14.88%
3 Month15.68%
6 Month41.32%
12 Month103.89%
2 Year140.53%
3 Year238.42%
5 Year332.99%
10 Year66.7%
15 YearN/A
Volatility
ATR(14)5.05
ATR(20)%2.97%
ATR Inc2.46%
Range Today5.27
ADR(20)5.12
ADR(20)%2.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.74
Mansfield2.39
10 Day High195.76
10 Day Low171.19
20 Day High209.87
20 Day Low171.19
52 Week High209.87
52 Week Low81.03
CS1 End171.93
CR1 Start198.34
Volume & EV
DER(3)1.5%
DER(5)0.76%
Volume5.13M
Volume Incr101.11%
Vol(5)3.31M
Vol(50)1.81M