Technical Analysis for TRGP - Targa Resources, Inc.

Grade Last Price % Change Price Change
grade F 39.26 3.23% 1.23
TRGP closed up 3.23 percent on Friday, November 15, 2019, on 83 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

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

Date Alert Name Type % Chg
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness 3.23%
Stochastic Reached Oversold Weakness 3.23%
Below Lower BB Weakness 3.23%
Down 3 Days in a Row Weakness 3.23%
Down 4 Days in a Row Weakness 3.23%
Lower Bollinger Band Touch Weakness 3.23%
Oversold Stochastic Weakness 3.23%
MACD Bearish Centerline Cross Bearish 2.43%
BB Squeeze Ended Range Expansion 2.43%

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.
Energy Natural Gas Petroleum Industry Crude Oil Fuels Petroleum Products Midstream Transportation Services Oil Storage Petroleum Transport NGL Enterprise Products Natural Gas Liquid Keyera Related Logistics Services
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: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 48.78
52 Week Low 32.0
Average Volume 1,842,105
200-Day Moving Average 39.6256
50-Day Moving Average 39.8308
20-Day Moving Average 39.8665
10-Day Moving Average 39.434
Average True Range 1.1822
ADX 11.73
+DI 21.3648
-DI 22.6264
Chandelier Exit (Long, 3 ATRs ) 38.0934
Chandelier Exit (Short, 3 ATRs ) 41.5166
Upper Bollinger Band 41.6642
Lower Bollinger Band 38.0688
Percent B (%b) 0.33
BandWidth 9.0186
MACD Line -0.1914
MACD Signal Line 0.0243
MACD Histogram -0.2157
Fundamentals Value
Market Cap 8.47 Billion
Num Shares 216 Million
EPS -1.82
Price-to-Earnings (P/E) Ratio -21.57
Price-to-Sales 1.15
Price-to-Book 1.36
PEG Ratio -5.57
Dividend 3.64
Dividend Yield 9.27%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 40.84
Resistance 3 (R3) 40.68 39.99 40.57
Resistance 2 (R2) 39.99 39.59 40.07 40.48
Resistance 1 (R1) 39.63 39.34 39.81 39.79 40.40
Pivot Point 38.94 38.94 39.04 39.02 38.94
Support 1 (S1) 38.58 38.54 38.76 38.74 38.12
Support 2 (S2) 37.89 38.29 37.97 38.04
Support 3 (S3) 37.53 37.89 37.95
Support 4 (S4) 37.69