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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 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
112.030 113.940 112.000 112.885 +1.105
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 Jan 30th, 2024 at 86.8200

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 113.3200

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
112.030 113.940 112.000 112.885 +1.105
Prev. Close Volume Bid Ask Time
111.780 928413 2024-04-19 15:22:00
Year High59.21Year High Date2018-10-03
Year Low41.75Year Low Date2018-04-04
52wk High117.6152wk High Date2024-04-12
52wk Low67.35552wk Low Date2023-05-31
Year End Close52.84Average Volume1,791,017
Shares Outstanding223,155Short Interest1,187,481
% Institutional77.1Market Cap9,185M
Assets206,718,000MLiabilities179,321,000M
P/E Ratio30.541Beta1.08
Volatility35.73
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