TARGA RESOURCES CORP (TRGP) Stock Technical Analysis
NYSE:TRGP - US87612G1013 - Common Stock
165.34 USD
+2.26 (+1.39%)
We assign a technical rating of 1 out of 10 to TRGP. TRGP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
TRGP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
TRGP is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 70% of 208 stocks in the same industry.
In the last month TRGP has a been trading in the 159.09 - 170.62 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TRGP has an average volume of 1546720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, TRGP turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
Although the technical rating is bad, TRGP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 162.97, a Stop Loss order could be placed below this zone.
More info and screens
155.74
181.04
When analyzing the support we can see 2 important areas.
- A support zone ranging from 160.57 to 164.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 157.31 to 157.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 166.91 to 169.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 174.82 to 175.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @179.25 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TRGP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRGP is down. |
| ChartMill Relative Strength | 57.4 | NEUTRAL | TRGP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TRGP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRGP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRGP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.45 | NEUTRAL | The RSI value for TRGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests TRGP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.63 | NEUTRAL | The Stochastics value for TRGP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for TRGP suggests some volalility. |
| Average Directional Index/ADX (14) | 12.62 | NEGATIVE | The low ADX value for TRGP suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:TRGP (8/27/2025, 1:23:04 PM)
165.34
+2.26 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.39%
1 Week1.44%
2 Weeks-2.95%
1 Month-3.82%
3 Month3.26%
6 Month-19.16%
12 Month11.01%
2 Year89.08%
3 Year139.02%
5 Year858.73%
10 Year146.87%
15 YearN/A
Volatility
ATR(14)3.9
ATR(20)%2.39%
ATR Inc-31.03%
Range Today3.84
ADR(20)3.76
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.4
Mansfield-1.58
10 Day High168.6
10 Day Low159.09
20 Day High170.62
20 Day Low159.09
52 Week High218.51
52 Week Low142.11
CS1 End162.97
CR1 Start163.85
Volume & EV
DER(3)0.88%
DER(5)1.94%
Volume450.59K
Volume Incr-7.97%
Vol(5)1.43M
Vol(50)1.55M