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Stock Trend Analysis Report

Prepared for you on Saturday, September 23, 2023.

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.

Open High Low TRGP Price Change
83.70 85.16 83.70 84.43 +1.36
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 Sep 21st, 2023 at 83.2200

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 84.2900

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).

Smart Scan Analysis for TRGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
83.70 85.16 83.70 84.43 +1.36
Prev. Close Volume Bid Ask Time
84.44 1034861 2023-09-22 15:59:58
Year High59.21Year High Date2018-10-03
Year Low41.75Year Low Date2018-04-04
52wk High87.8652wk High Date2023-09-01
52wk Low57.2352wk Low Date2022-09-26
Year End Close52.84Average Volume1,455,745
Shares Outstanding223,712Short Interest1,187,481
% Institutional77.1Market Cap9,185M
P/E Ratio22.5122Beta1.08
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