Targa Resources Corp. TRGP
NYSE • Real-Time Technical Indicators & Signals • Currency: USD
Automated Algorithmic Diagnosis
REAL-TIMEAlgorithmic Technical Summary for Targa Resources Corp. (TRGP): As of current market pricing, TRGP is trading at $281.74 (+2.43 (+0.87%)). Technical indicator diagnostics show a 14-day Relative Strength Index (RSI) of 48.81, indicating a Neutral Consolidation condition. The daily MACD (Moving Average Convergence Divergence) indicator is currently registered at -2.24 versus the signal line of -1.02, giving a histogram reading of -1.22 (Bearish Pressure). From a structural trend perspective, TRGP is trading +12.4% above its 200-day exponential moving average ($250.65), classifying the prevailing institutional trend bias as Bullish Trend Structure.
TRGP Price & Trend Overlay (Last 90 Days)
Technical Indicators & Market Metrics Table
| Indicator / Metric | Current Value | Technical Status | Market Interpretation |
|---|---|---|---|
| RSI (14) | 48.81 | Neutral Consolidation | RSI at 48.81 is centered near 50, reflecting rangebound consolidation. |
| MACD Line (12, 26) | -2.24 | Bearish Pressure | Signal line: -1.02, Histogram: -1.22 |
| 20-Day EMA | $282.38 | Bearish | Short-term momentum guide. Price is trading under $282.38. |
| 50-Day EMA | $281.12 | Bullish | Medium-term trend indicator. Institutional support/resistance band. |
| 200-Day EMA | $250.65 | Long-Term Uptrend | Major institutional baseline. Distance to 200 EMA: +12.4%. |
| Average True Range (ATR 14) | $7.66 | Volatility | Expected average daily dollar price fluctuation. |
| 52-Week Range | $144.14 - $307.94 | Annual Range | Current price is $281.74 within the 52-week envelope. |
| Volume vs 30d Avg | 1.24M / 1.16M | Liquidity | Market Cap: 60.41B • P/E Ratio: 26.9 |
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Frequently Asked Questions about Targa Resources Corp. (TRGP)
Q: What is TRGP's RSI (Relative Strength Index) today?
As of today, Targa Resources Corp. (TRGP) has a 14-day RSI of 48.81. This indicates a Neutral Consolidation condition. Traders use RSI readings below 30 to identify oversold conditions and readings above 70 to identify overbought conditions.
Q: Is TRGP's MACD indicator bullish or bearish?
The daily MACD line for TRGP is currently -2.24 compared to its 9-day signal line of -1.02, generating a histogram difference of -1.22. This translates to a Bearish Pressure signal.
Q: Where is TRGP trading relative to its 200-day EMA?
TRGP is currently trading at $281.74, which is +12.4% above its 200-day exponential moving average of $250.65. Staying above the 200 EMA is considered a primary benchmark for institutional bull market trends.
Q: What are key support and resistance levels for TRGP?
Immediate support sits around the 20-day EMA ($282.38) and recent 20-day swing low ($270.31). Immediate resistance is marked near the 20-day high ($294.29) and the 52-week high of $307.94.