TRGP Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Targa Resources Corp (TRGP) Moving Averages Convergence Divergence (MACD) indicator is 4.708, suggesting TRGP is Neutral.

Targa Resources Corp (TRGP) 20-Day simple moving average is 262.673, while Targa Resources Corp (TRGP) share price is $255.07, making it Sell.

Targa Resources Corp (TRGP) 60-Day simple moving average is 248.774, while Targa Resources Corp (TRGP) share price is $255.07, making it Buy.

Technical Analysis for TRGP

Technical Sentiment Analysis for Targa Resources Corp (TRGP) As of 2026-05-29, Targa Resources Corp (TRGP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 6 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TRGP stands at 46.222, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 4.708, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 41.221 and the Commodity Channel Index (CCI) at -47.625 further confirm a -12.41 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, TRGP is trading above its 60-day moving average of $248.774 and above its 200-day long-term moving average of $199.888. Key price levels to watch include the immediate resistance at $281.764 and strong support at $254.734. A break above $281.764 could signal a bull continuation, while falling below $254.734 may test the next Fibonacci floor at $240.337.

Targa Resources Corp (TRGP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	227.704	240.337	254.734	267.367	281.764	294.397	308.794
Fibonacci	240.337	250.662	257.042	267.367	277.692	284.072	294.397

Targa Resources Corp (TRGP) Technical Indicators

2026-05-29

Name	Value
RSI_14	46.222
STOCHk_14_3_3	41.221
STOCHd_14_3_3	57.949
CCI_20	-47.625
AO_5_34	13.749
MOM_10	-12.41
MACD_12_26_9	4.708

Targa Resources Corp (TRGP) Relative Strength Index (RSI) is 46.222, creating a Neutral signal.

Targa Resources Corp (TRGP) Stochastic Oscillator is 41.221, creating a Neutral signal.

Targa Resources Corp (TRGP) Stochastic RSI is 57.949, creating a Neutral signal.

Targa Resources Corp (TRGP) Commodity Channel Index (CCI) is -47.625, creating a Neutral signal.

Targa Resources Corp (TRGP) Awesome Oscillator is 13.749, creating a Buy signal.

Targa Resources Corp (TRGP) Momentum is -12.41, creating a Sell signal.

Targa Resources Corp (TRGP) MACD is 4.708, creating a Buy signal.

Targa Resources Corp (TRGP) Moving Average

2026-05-29

Period	Simple	Signal
MA_5	265.498	Sell
MA_10	269.131	Sell
MA_20	262.673	Sell
MA_60	248.774	Buy
MA_200	199.888	Buy
MA_250	193.539	Buy

Targa Resources Corp (TRGP) 5-Day simple moving average is 265.498, while Targa Resources Corp (TRGP) share price is $255.07, making it a Sell.

Targa Resources Corp (TRGP) 10-Day simple moving average is 269.131, while Targa Resources Corp (TRGP) share price is $255.07, making it a Sell.

Targa Resources Corp (TRGP) 20-Day simple moving average is 262.673, while Targa Resources Corp (TRGP) share price is $255.07, making it a Sell.

Targa Resources Corp (TRGP) 60-Day simple moving average is 248.774, while Targa Resources Corp (TRGP) share price is $255.07, making it a Buy.

Targa Resources Corp (TRGP) 200-Day simple moving average is 199.888, while Targa Resources Corp (TRGP) share price is $255.07, making it a Buy.

Targa Resources Corp (TRGP) 250-Day simple moving average is 193.539, while Targa Resources Corp (TRGP) share price is $255.07, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for TRGP?

The overall technical consensus for Targa Resources Corp (TRGP) is currently Neutral. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 2 sell signals.

What are the key support and resistance levels for Targa Resources Corp (TRGP) today?

Based on pivot point calculations, Targa Resources Corp (TRGP) has an immediate support level at 254.734 and a major resistance level at 281.764. Traders also monitor the pivot point at 267.367 to determine the intraday trend direction.

Is Targa Resources Corp (TRGP) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Targa Resources Corp (TRGP) is currently 46.222. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Targa Resources Corp (TRGP)?

Targa Resources Corp (TRGP) Moving Averages Convergence Divergence (MACD) indicator is 4.708, suggesting TRGP is Neutral. This indicator helps identify potential trend reversals or momentum shifts for Targa Resources Corp.

How is Targa Resources Corp (TRGP) performing relative to its 200-day moving average?

Targa Resources Corp (TRGP) is currently trading at $255.07, which is above its 200-day simple moving average of 199.888. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.