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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 2024-07-16 View latest technical analysis

10 day averaged volume of Targa Resources is 973721

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	134.82	134.89	135.15	133.83	0.829 times
15 Mon Jul 2024	134.34	135.86	136.29	134.23	1.173 times
12 Fri Jul 2024	135.05	134.36	135.47	133.31	1.017 times
11 Thu Jul 2024	133.61	132.76	133.75	132.01	0.903 times
10 Wed Jul 2024	132.89	132.74	133.36	132.03	0.748 times
09 Tue Jul 2024	132.41	132.00	133.63	131.52	1.181 times
08 Mon Jul 2024	132.55	131.98	133.25	131.72	1.032 times
05 Fri Jul 2024	132.49	133.29	133.35	131.81	0.841 times
03 Wed Jul 2024	133.60	131.76	133.78	131.11	0.917 times
03 Wed Jul 2024	133.60	131.76	133.78	131.11	0.917 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 134.1, but if it comes below 134.1, then a intra day sell could be more profitable.
If you take a sell trade below 134.1, then use 134.1 as stoploss and 130.79 as target. However if you take a buy trade in stock , then use 134.1 as stoploss and 138 as target.

Share price targets for Targa Resources (TRGP)

Target Type	Value
Downside Target	98.60
Downside Target	110.09
Downside Target	117.87
Downside Target	125.17
Downside Target	127.96
Downside Target	130.53
Downside Target	131.52
Downside Target	133.78
Downside Target	133.83
Upside Target	135.47
Upside Target	136.29

Intraday share price targets for Targa Resources (TRGP)

Target Type	Value
Downside Intraday Target	133.67
Downside Intraday Target	132.52
Upside Intraday Target	136.13
Upside Intraday Target	137.44
Upside Intraday Target	134.98

Weekly technical analysis of Targa Resources (TRGP)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	134.82	135.86	136.29	133.83	0.41 times
12 Fri Jul 2024	135.05	131.98	135.47	131.52	2.776 times
05 Fri Jul 2024	132.49	131.76	133.78	131.11	0.429 times
03 Wed Jul 2024	133.60	129.98	133.78	127.96	0.399 times
28 Fri Jun 2024	128.78	125.54	130.53	125.17	1.405 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
16 Tue Jul 2024	134.82	129.98	136.29	127.96	0.369 times
28 Fri Jun 2024	128.78	118.23	130.53	114.51	1.129 times
31 Fri May 2024	118.23	113.86	119.68	110.09	0.786 times
30 Tue Apr 2024	114.06	112.51	117.87	111.19	1.209 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 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 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.

ADX buy sell signal for Targa Resources stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Targa Resources in short term but the sell signal is initial and weak.

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 green color and prices are above the green cloud Prices appear to be moving up

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 but buying is losing 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 133.54 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.