(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 2024-01-11 View latest technical analysis
10 day averaged volume of Targa Resources is 1488420
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Jan 2024 | 83.23 | 83.94 | 84.36 | 82.37 | 0.965 times |
| 10 Wed Jan 2024 | 83.81 | 83.97 | 83.97 | 82.80 | 0.965 times |
| 09 Tue Jan 2024 | 83.60 | 84.22 | 84.29 | 82.81 | 1.3 times |
| 08 Mon Jan 2024 | 84.35 | 84.30 | 84.47 | 81.95 | 1.609 times |
| 05 Fri Jan 2024 | 85.79 | 86.67 | 86.83 | 85.25 | 0.992 times |
| 04 Thu Jan 2024 | 86.25 | 88.48 | 89.16 | 86.17 | 0.883 times |
| 03 Wed Jan 2024 | 87.75 | 86.24 | 87.95 | 85.98 | 0.982 times |
| 02 Tue Jan 2024 | 86.42 | 87.30 | 87.95 | 86.10 | 0.964 times |
| 29 Fri Dec 2023 | 86.87 | 86.47 | 86.95 | 86.08 | 0.844 times |
| 29 Fri Dec 2023 | 86.87 | 86.47 | 86.95 | 86.08 | 0.844 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 83.2, for a target of 84.7 or 85.97
Share price targets for Targa Resources (TRGP)
| Target Type | Value |
| Downside Target | 77.97 |
| Downside Target | 81.95 |
| Upside Target | 86.95 |
| Upside Target | 87.82 |
| Upside Target | 88.01 |
| Upside Target | 88.03 |
| Upside Target | 88.78 |
| Upside Target | 89.16 |
| Upside Target | 90.73 |
| Upside Target | 91.44 |
Intraday share price targets for Targa Resources (TRGP)
| Target Type | Value |
| Downside Intraday Target | 81.96 |
| Downside Intraday Target | 80.7 |
| Upside Intraday Target | 84.48 |
| Upside Intraday Target | 85.74 |
| Downside Intraday Target | 83.22 |
Weekly technical analysis of Targa Resources (TRGP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Jan 2024 | 83.23 | 84.30 | 84.47 | 81.95 | 1.267 times |
| 05 Fri Jan 2024 | 85.79 | 87.30 | 89.16 | 85.25 | 4.525 times |
| 29 Fri Dec 2023 | 86.87 | 86.47 | 86.95 | 86.08 | 0.356 times |
| 29 Fri Dec 2023 | 86.87 | 87.30 | 88.03 | 86.08 | 0.629 times |
| 22 Fri Dec 2023 | 86.71 | 87.07 | 87.82 | 85.61 | 0.6 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 |
| 11 Thu Jan 2024 | 83.23 | 87.30 | 89.16 | 81.95 | 0.439 times |
| 29 Fri Dec 2023 | 86.87 | 90.16 | 91.44 | 83.26 | 0.694 times |
| 30 Thu Nov 2023 | 90.45 | 84.56 | 90.73 | 82.97 | 1.191 times |
| 31 Tue Oct 2023 | 83.61 | 85.52 | 88.78 | 77.97 | 1.072 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Targa Resources stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Targa Resources in short term and the sell signal is strong.
Targa Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Targa Resources in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Targa Resources is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 85.33 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 negative.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Targa Resources stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Targa Resources in short term and the sell signal is strong.
Targa Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Targa Resources in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Targa Resources is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 85.33 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.