Technical Analysis for TRGP - Targa Resources, Inc.

Grade Last Price % Change Price Change
grade B 47.29 -2.51% -1.22
TRGP closed down 2.51 percent on Thursday, May 24, 2018, on 1.11 times normal volume. It was able to find support at its 50 day moving average.

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

Date Alert Name Type % Chg
May 24 MACD Bearish Signal Line Cross Bearish 0.00%
May 24 50 DMA Support Bullish 0.00%
May 24 Cup with Handle Other 0.00%
May 24 Down 3 Days in a Row Weakness 0.00%
May 23 180 Bullish Setup Bullish Swing Setup -2.51%
May 23 Slingshot Bullish Bullish Swing Setup -2.51%
May 22 Bearish Engulfing Bearish -2.56%
May 22 Overbought Stochastic Strength -2.56%
May 22 Upper Bollinger Band Touch Strength -2.56%
May 21 Overbought Stochastic Strength -2.96%

Older signals for TRGP ...

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

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 51.091
52 Week Low 38.0007
Average Volume 2,157,664
200-Day Moving Average 45.3395
50-Day Moving Average 46.6678
20-Day Moving Average 47.7315
10-Day Moving Average 48.424
Average True Range 1.1518
ADX 13.06
+DI 20.47
-DI 23.7
Chandelier Exit (Long, 3 ATRs ) 46.0346
Chandelier Exit (Short, 3 ATRs ) 48.6554
Upper Bollinger Band 49.4692
Lower Bollinger Band 45.9938
Percent B (%b) 0.37
BandWidth 7.281146
MACD Line 0.4678
MACD Signal Line 0.5289
MACD Histogram -0.0611
Fundamentals Value
Market Cap 10.2 Billion
Num Shares 216 Million
EPS -1.82
Price-to-Earnings (P/E) Ratio -25.98
Price-to-Sales 1.15
Price-to-Book 1.36
PEG Ratio -5.57
Dividend 3.64
Dividend Yield 7.70%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 49.74
Resistance 3 (R3) 49.74 48.94 49.33
Resistance 2 (R2) 48.94 48.31 48.93 49.19
Resistance 1 (R1) 48.11 47.93 47.71 48.11 49.06
Pivot Point 47.31 47.31 47.11 47.30 47.31
Support 1 (S1) 46.48 46.68 46.08 46.48 45.52
Support 2 (S2) 45.68 46.30 45.67 45.39
Support 3 (S3) 44.85 45.68 45.25
Support 4 (S4) 44.85