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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Targa Resources, Inc. (NYSE:TRGP)

Weak Downtrend (-65) - TRGP is showing signs of a strengthening downtrend. Monitor TRGP as it may be building momentum to the downside.

Is it time to buy, sell, or avoid TRGP?

MarketClub looks at technical strength and momentum to determine if the timing is right for TRGP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_TRGP
Open High Low TRGP Price Change
112.36 113.11 112.05 112.46 -0.37
Entry Signal

MarketClub’s Trade Triangles for TRGP

long term up The long-term trend has been UP since Jul 11th, 2023 at 78.0856

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2024 at 111.2700

short term down The short-term trend has been DOWN since Apr 30th, 2024 at 115.7800

Smart Scan Analysis for TRGP

Based on our trend formula, TRGP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TRGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
112.36 113.11 112.05 112.46 -0.37
Prev. Close Volume Bid Ask Time
112.83 765644 2024-05-08 15:59:38
Year High59.21Year High Date2018-10-03
Year Low41.75Year Low Date2018-04-04
52wk High117.8752wk High Date2024-04-25
52wk Low67.35552wk Low Date2023-05-31
Year End Close52.84Average Volume1,769,373
Shares Outstanding221,717Short Interest1,187,481
% Institutional77.1Market Cap9,185M
Assets208,461,000MLiabilities181,422,000M
P/E Ratio23.216Beta1.08
Volatility35.73
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