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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 2024-01-19 View latest technical analysis

10 day averaged volume of Targa Resources is 1563820

Date Daily Closing Price Open High Low Volume
19 Fri Jan 2024 82.49 82.77 82.77 81.67 0.878 times
18 Thu Jan 2024 82.59 81.35 83.01 81.03 1.515 times
17 Wed Jan 2024 81.49 81.76 82.87 81.43 0.884 times
16 Tue Jan 2024 82.53 83.37 83.48 82.19 0.886 times
12 Fri Jan 2024 83.82 84.83 84.93 83.12 0.582 times
12 Fri Jan 2024 83.82 84.83 84.93 83.12 0.582 times
11 Thu Jan 2024 83.23 83.94 84.36 82.37 0.919 times
10 Wed Jan 2024 83.81 83.97 83.97 82.80 0.919 times
09 Tue Jan 2024 83.60 84.22 84.29 82.81 1.238 times
08 Mon Jan 2024 84.35 84.30 84.47 81.95 1.532 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 83, but if it comes above 83, then a intra day buy could be more profitable.
If you take a sell trade below 83, then use 83 as stoploss and 80.7 as target. However if you take a buy trade in stock , then use 83 as stoploss and 84.97 as target.

Share price targets for Targa Resources (TRGP)

Target Type Value
Downside Target 77.97
Downside Target 81.03
Upside Target 85.25
Upside Target 86.08
Upside Target 86.95
Upside Target 88.01
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 81.19
Downside Intraday Target 79.88
Upside Intraday Target 83.64
Upside Intraday Target 84.78
Downside Intraday Target 82.33

Weekly technical analysis of Targa Resources (TRGP)

Date Weekly Closing Price Open High Low Volume
19 Fri Jan 2024 82.49 83.37 83.48 81.03 7.159 times
12 Fri Jan 2024 83.82 84.83 84.93 83.12 0.112 times
12 Fri Jan 2024 83.82 84.30 84.93 81.95 1.427 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Targa Resources (TRGP)

Date Monthly Closing Price Open High Low Volume
19 Fri Jan 2024 82.49 87.30 89.16 81.03 0.723 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Targa Resources stock for short term is SELL. Signal strength is Strong and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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

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 83.19 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Targa Resources stock for short term is SELL. Signal strength is Strong and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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

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 83.19 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.

Daily charts

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Daily chart
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