(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 2024-02-02 View latest technical analysis
10 day averaged volume of Targa Resources is 1328630
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 85.98 | 85.83 | 86.48 | 84.33 | 1.282 times |
| 01 Thu Feb 2024 | 86.04 | 85.41 | 86.59 | 84.80 | 1.409 times |
| 31 Wed Jan 2024 | 84.96 | 87.32 | 87.32 | 84.86 | 0.819 times |
| 30 Tue Jan 2024 | 87.04 | 85.35 | 87.17 | 85.25 | 0.749 times |
| 29 Mon Jan 2024 | 86.48 | 86.65 | 86.75 | 85.17 | 0.797 times |
| 26 Fri Jan 2024 | 86.81 | 85.88 | 86.84 | 85.71 | 0.916 times |
| 25 Thu Jan 2024 | 85.99 | 84.51 | 86.01 | 84.00 | 1.315 times |
| 24 Wed Jan 2024 | 83.98 | 83.89 | 84.68 | 83.35 | 0.859 times |
| 23 Tue Jan 2024 | 83.23 | 83.70 | 84.40 | 82.85 | 0.875 times |
| 22 Mon Jan 2024 | 83.81 | 82.49 | 83.94 | 82.13 | 1.227 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 85.9, but if it comes below 85.9, then a intra day sell could be more profitable.
If you take a sell trade below 85.9, then use 85.9 as stoploss and 84.3 as target. However if you take a buy trade in stock , then use 85.9 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 | 84.43 |
| Downside Intraday Target | 82.89 |
| Upside Intraday Target | 87.42 |
| Upside Intraday Target | 88.87 |
| Downside Intraday Target | 85.88 |
Weekly technical analysis of Targa Resources (TRGP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 85.98 | 86.65 | 87.32 | 84.33 | 0.974 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 |
| 02 Fri Feb 2024 | 85.98 | 85.41 | 86.59 | 84.33 | 0.114 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 coming down
CCI has generated a SELL signal for Targa Resources in short term but SELL 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
Although the stock is in the BUY zone, but buying 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 85.44 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 coming down
CCI has generated a SELL signal for Targa Resources in short term but SELL 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
Although the stock is in the BUY zone, but buying 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 85.44 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.