TARGA RESOURCES CORP (TRGP) Stock Technical Analysis
NYSE:TRGP - New York Stock Exchange, Inc. - US87612G1013 - Common Stock
Overall TRGP gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TRGP is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, TRGP did better than 95% 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 210 other stocks in this industry. TRGP outperforms 97% of them.
TRGP is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TRGP has a been trading in the 171.53 - 218.51 range, which is quite wide. It is currently trading near the high of this range.
TRGP has an average volume of 1718160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
179.86
213.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 189.91 to 192.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @186.61 from a trend line in the weekly time frame.
- Support @181.68 from a trend 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
CRS95.89
Mansfield3.6
10 Day High218.51
10 Day Low184.12
20 Day High218.51
20 Day Low171.53
52 Week High218.51
52 Week Low84.33
Performance
1 Week4.91%
2 Weeks13.49%
1 Month22.45%
3 Month27.3%
6 Month60.58%
12 Month143.37%
2 Year181.62%
3 Year257.6%
5 Year478.82%
10 Year143.32%
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)3.24
RSI(14)69.75
LBB172.7
UBB222.8
TARGA RESOURCES CORP
NYSE:TRGP (1/22/2025, 5:44:24 PM)
After market: 211.27 0 (0%)211.27
-5.95 (-2.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.74%
1 Week4.91%
2 Weeks13.49%
1 Month22.45%
3 Month27.3%
6 Month60.58%
12 Month143.37%
2 Year181.62%
3 Year257.6%
5 Year478.82%
10 Year143.32%
15 YearN/A
Volatility
ATR(14)5.3
ATR(20)%2.29%
ATR Inc43.18%
Range Today9.88
ADR(20)4.68
ADR(20)%2.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.89
Mansfield3.6
10 Day High218.51
10 Day Low184.12
20 Day High218.51
20 Day Low171.53
52 Week High218.51
52 Week Low84.33
CS1 End192.71
CR1 StartN/A
Volume & EV
DER(3)1.91%
DER(5)1.37%
Volume1.55M
Volume Incr-0.08%
Vol(5)1.80M
Vol(50)1.72M