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Stock Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

Targa Resources, Inc. (NYSE:TRGP)

Countertrend Up (+85) - TRGP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
55.97 56.25 54.91 56.21 +0.51
Entry Signal

MarketClub’s Trade Triangles for TRGP

long term up The long-term trend has been UP since Nov 16th, 2020 at 21.09

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2021 at 43.61

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 55.62

Smart Scan Analysis for TRGP

Based on our trend formula, TRGP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for TRGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.97 56.25 54.91 56.21 +0.51
Prev. Close Volume Bid Ask Time
56.21 643770 2021-10-22 15:59:51
Year High59.21Year High Date2018-10-03
Year Low41.75Year Low Date2018-04-04
52wk High57.05552wk High Date2021-10-20
52wk Low15.2152wk Low Date2020-10-29
Year End Close52.84Average Volume1,296,955
Shares Outstanding228,655Short Interest1,187,481
% Institutional77.1Market Cap9,185M
Assets154,118,000MLiabilities124,759,000M
P/E Ratio69.625Beta1.08
Volatility35.73
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