Technical Analysis for TRGP - Targa Resources, Inc.

Grade Last Price % Change Price Change
grade A 53.92 1.89% 1.00
TRGP closed up 1.89 percent on Friday, August 17, 2018, on 58 percent of normal volume.

Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical TRGP trend table...

Date Alert Name Type % Chg
Aug 17 BB Squeeze Ended Range Expansion 0.00%
Aug 16 Bollinger Band Squeeze Range Contraction 1.89%
Aug 15 MACD Bearish Signal Line Cross Bearish 2.80%
Aug 15 Bollinger Band Squeeze Range Contraction 2.80%
Aug 15 Upper Bollinger Band Walk Strength 2.80%
Aug 15 Gapped Down Weakness 2.80%
Aug 14 Bollinger Band Squeeze Range Contraction 0.84%
Aug 14 Narrow Range Bar Range Contraction 0.84%
Aug 14 NR7 Range Contraction 0.84%
Aug 14 Upper Bollinger Band Walk Strength 0.84%

Older signals for TRGP ...

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Profile
Targa Resources Corp., through its general and limited partner interests in Targa Resources Partners LP, provides midstream natural gas and natural gas liquid (NGL) services in the United States. It engages in gathering, compressing, treating, processing, and selling natural gas, as well as in storing, fractionating, treating, transporting, terminaling, and selling NGLs, NGL products, refined petroleum products, and crude oil. The company also sells propane and provides related logistics services to multi-state retailers, independent retailers, and other end-users; offers NGL balancing services; purchases and resells component NGL products; and transportation services to refineries and petrochemical companies in the Gulf Coast area. The company has approximately 1,460 miles of natural gas gathering pipelines in west Texas; 3,250 miles of natural gas gathering pipelines in Southeastern New Mexico; 1,141 miles of low pressure gathering pipelines in west Texas; 538 miles high-pressure gathering pipelines in west Texas; 2 interconnected gathering systems with 4,340 miles of pipelines in north Texas; approximately 155 miles of crude oil gathering pipelines in North Dakota; and 896 miles of gathering system pipelines covering 3,800 square miles in Southwest Louisiana. It also owns or operates 39 storage wells with a net storage capacity of approximately 64 million barrels. As of December 31, 2012, the company managed approximately 555 railcars; 82 owned and leased transport tractors; 104 company-owned tank trailers; and 20 company-owned pressurized NGL barges. Targa Resources Corp. was founded in 2005 and is based in Houston, Texas.
Is TRGP a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 54.81
52 Week Low 38.0007
Average Volume 2,007,451
200-Day Moving Average 47.3879
50-Day Moving Average 50.7866
20-Day Moving Average 52.506
10-Day Moving Average 53.109
Average True Range 1.249
ADX 18.76
+DI 23.2701
-DI 17.2169
Chandelier Exit (Long, 3 ATRs ) 51.063
Chandelier Exit (Short, 3 ATRs ) 54.207
Upper Bollinger Band 54.0893
Lower Bollinger Band 50.9227
Percent B (%b) 0.95
BandWidth 6.03093
MACD Line 0.7056
MACD Signal Line 0.7076
MACD Histogram -0.002
Fundamentals Value
Market Cap 11.63 Billion
Num Shares 216 Million
EPS -1.82
Price-to-Earnings (P/E) Ratio -29.63
Price-to-Sales 1.15
Price-to-Book 1.36
PEG Ratio -5.57
Dividend 3.64
Dividend Yield 6.75%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 55.63
Resistance 3 (R3) 55.49 54.79 55.35
Resistance 2 (R2) 54.79 54.35 54.86 55.25
Resistance 1 (R1) 54.35 54.08 54.57 54.49 55.15
Pivot Point 53.65 53.65 53.76 53.72 53.65
Support 1 (S1) 53.21 53.21 53.43 53.35 52.69
Support 2 (S2) 52.51 52.94 52.58 52.59
Support 3 (S3) 52.07 52.51 52.50
Support 4 (S4) 52.21