TARGA RESOURCES CORP (TRGP)
US87612G1013 - Common Stock
We assign a technical rating of 10 out of 10 to TRGP. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, TRGP did better than 96% 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 204 other stocks in this industry. TRGP outperforms 97% of them.
A new 52 week high is currently being made by TRGP, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month TRGP has a been trading in the 162.35 - 208.15 range, which is quite wide. It is currently trading near the high of this range.
TRGP has an average volume of 1672540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although TRGP has an excellent technical rating, it does not present a decent entry opportunity 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
164.60
209.77
We found 3 important support areas.
- Support @191.56 from a horizontal line in the daily time frame.
- Support @177.79 from a trend line in the daily time frame.
- A support zone ranging from 166.26 to 170.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.66
Mansfield5.1
10 Day High208.15
10 Day Low188.47
20 Day High208.15
20 Day Low162.35
52 Week High208.15
52 Week Low81.03
Performance
1 Week8.41%
2 Weeks10.6%
1 Month23.21%
3 Month44.1%
6 Month81.74%
12 Month136.44%
2 Year179.19%
3 Year302.27%
5 Year468.55%
10 Year81.96%
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)1.56
RSI(14)83.78
LBB172.84
UBB212.26
TARGA RESOURCES CORP
NYSE:TRGP (11/21/2024, 8:04:00 PM)
After market: 207.69 0 (0%)207.69
+4.85 (+2.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.39%
1 Week8.41%
2 Weeks10.6%
1 Month23.21%
3 Month44.1%
6 Month81.74%
12 Month136.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.61
ATR(20)%2.45%
ATR Inc
Range Today5.31
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High208.15
10 Day Low188.47
20 Day High208.15
20 Day Low162.35
52 Week High208.15
52 Week Low81.03
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.18M
Volume Incr-0.91%
Vol(5)1.62M
Vol(50)1.67M