(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 2024-02-01 View latest technical analysis
10 day averaged volume of Targa Resources is 1378340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 86.04 | 85.41 | 86.59 | 84.80 | 1.359 times |
| 31 Wed Jan 2024 | 84.96 | 87.32 | 87.32 | 84.86 | 0.79 times |
| 30 Tue Jan 2024 | 87.04 | 85.35 | 87.17 | 85.25 | 0.722 times |
| 29 Mon Jan 2024 | 86.48 | 86.65 | 86.75 | 85.17 | 0.768 times |
| 26 Fri Jan 2024 | 86.81 | 85.88 | 86.84 | 85.71 | 0.883 times |
| 25 Thu Jan 2024 | 85.99 | 84.51 | 86.01 | 84.00 | 1.268 times |
| 24 Wed Jan 2024 | 83.98 | 83.89 | 84.68 | 83.35 | 0.828 times |
| 23 Tue Jan 2024 | 83.23 | 83.70 | 84.40 | 82.85 | 0.844 times |
| 22 Mon Jan 2024 | 83.81 | 82.49 | 83.94 | 82.13 | 1.183 times |
| 19 Fri Jan 2024 | 82.49 | 82.77 | 82.77 | 81.67 | 0.996 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 85.8, but if it comes below 85.8, then a intra day sell could be more profitable.
If you take a sell trade below 85.8, then use 85.8 as stoploss and 84.29 as target. However if you take a buy trade in stock , then use 85.8 as stoploss and 87.7 as target.
Share price targets for Targa Resources (TRGP)
| Target Type | Value |
| Downside Target | 77.97 |
| Downside Target | 81.03 |
| Downside Target | 84.93 |
| Upside Target | 86.59 |
| Upside Target | 86.84 |
| Upside Target | 87.32 |
| 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 | 84.79 |
| Downside Intraday Target | 83.53 |
| Upside Intraday Target | 87.31 |
| Upside Intraday Target | 88.57 |
| Upside Intraday Target | 86.05 |
Weekly technical analysis of Targa Resources (TRGP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 86.04 | 86.65 | 87.32 | 84.80 | 0.727 times |
| 26 Fri Jan 2024 | 86.81 | 82.49 | 86.84 | 82.13 | 1.059 times |
| 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 |
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 |
| 01 Thu Feb 2024 | 86.04 | 85.41 | 86.59 | 84.80 | 0.06 times |
| 31 Wed Jan 2024 | 84.96 | 87.30 | 89.16 | 81.03 | 1.065 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 |
Scroll below to view daily charts
Price has moved up 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Targa Resources ( (TRGP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Targa Resources ( (TRGP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Targa Resources in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Targa Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Targa Resources in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Targa Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 85.06 and Targa Resources (TRGP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Targa Resources ( (TRGP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Targa Resources ( (TRGP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Targa Resources in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Targa Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Targa Resources in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Targa Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 85.06 and Targa Resources (TRGP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.