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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Targa Resources, Inc. (NYSE:TRGP)

Sidelines Mode (+55) - TRGP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
132.36 133.07 131.25 131.53 -0.45
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 up The intermediate-term trend has been UP since May 17th, 2024 at 117.8700

short term down The short-term trend has been DOWN since Jul 24th, 2024 at 135.3100

Smart Scan Analysis for TRGP

Based on our trend formula, TRGP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for TRGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
132.36 133.07 131.25 131.53 -0.45
Prev. Close Volume Bid Ask Time
131.98 1037801 2024-07-26 15:59:49
Year High59.21Year High Date2018-10-03
Year Low41.75Year Low Date2018-04-04
52wk High138.2852wk High Date2024-07-22
52wk Low77.9752wk Low Date2023-10-05
Year End Close52.84Average Volume1,329,592
Shares Outstanding221,717Short Interest1,187,481
% Institutional77.1Market Cap9,185M
Assets208,461,000MLiabilities181,422,000M
P/E Ratio27.1564Beta1.08
Volatility35.73
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