Technical Analysis for 0LD9 - Targa Resources Corp.

Grade Last Price % Change Price Change
A 116.67 -0.59% -0.69
0LD9 closed down 0.59 percent on Friday, April 26, 2024, on 17 percent of normal volume.
Earnings due: May 2
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Bearish Engulfing Bearish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Outside Day Range Expansion 0.00%
New 52 Week Closing High Bullish -0.59%
Bollinger Band Squeeze Range Contraction -0.59%
Doji - Bearish? Reversal -0.59%
Gapped Up Strength -0.59%
Up 3 Days in a Row Strength -0.59%
Up 4 Days in a Row Strength -0.59%
Up 5 Days in a Row Strength -0.59%

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Profile

Targa Resources Corp. Description

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. The company is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, it offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2022, it leased and managed approximately 606 railcars; 122 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston, Texas.


Classification

Keywords: Natural Gas Crude Oil Petroleum Industry Natural Gas Liquids Midstream Transportation Services Oil Storage Petroleum Transport Ngl Refinery

Is 0LD9 a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 119.24
52 Week Low 67.5708
Average Volume 2,811
200-Day Moving Average 90.45
50-Day Moving Average 107.52
20-Day Moving Average 114.67
10-Day Moving Average 114.58
Average True Range 1.90
RSI (14) 65.03
ADX 49.05
+DI 38.10
-DI 13.84
Chandelier Exit (Long, 3 ATRs) 113.54
Chandelier Exit (Short, 3 ATRs) 115.69
Upper Bollinger Bands 118.08
Lower Bollinger Band 111.26
Percent B (%b) 0.79
BandWidth 5.95
MACD Line 2.38
MACD Signal Line 2.64
MACD Histogram -0.2572
Fundamentals Value
Market Cap 267.5 Million
Num Shares 229 Million
EPS -0.65
Price-to-Earnings (P/E) Ratio -179.77
Price-to-Sales 0.01
Price-to-Book 0.00
Dividend 1.85
Dividend Yield 1.59%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 118.87
Resistance 3 (R3) 118.93 118.26 118.50
Resistance 2 (R2) 118.26 117.70 118.23 118.38
Resistance 1 (R1) 117.47 117.36 117.13 117.40 118.26
Pivot Point 116.80 116.80 116.63 116.77 116.80
Support 1 (S1) 116.00 116.24 115.67 115.94 115.08
Support 2 (S2) 115.33 115.89 115.30 114.96
Support 3 (S3) 114.54 115.33 114.84
Support 4 (S4) 114.47