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Takip Edin: @UscMarketsTRGP Stock Forecast & Targa Resources Corp. Chart Analysis
This article provides a detailed analysis of TRGP-Targa Resources Corp. stock including a forecast for TRGP shares. It features Targa Resources Corp. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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TRGP Historical Data Review
TRGP Current Price Performance Analysis
The Targa Resources Corp. - TRGP stock traded on the American stock market, on 06-05-2024, closed at 118.19$ with a %1.25 increased compared to the previous day.
In the last month, the price of TRGP changed by %4.78 increased in value, from 112.8 dollars on 05-06-2024 to 118.19 dollars, increased.
Last year, the price of TRGP was 71.06 dollars on 06-06-2023, and changed by %66.32 increased in value, to 118.19 dollars increased within a year.
The price of Targa Resources Corp. stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
TRGP with AI Stock Forecast & Price Target
On the TRGP chart Targa Resources Corp. price was recorded as 118.19 Dollars on 06/05/2024.
The artificial intelligence's forecast on TRGP stock is as follows.
The artificial intelligence's prediction error margin for TRGP stock is moderately high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Targa Resources Corp. stock over the next 4 months is: 117.2 Dollars.
The commentary on TRGP stock Target Price: Highest: 127.251 Dollars is predicted.
The commentary on TRGP stock Target Price: Lowest: 105.18 Dollars is predicted.
Resistance Price where Targa Resources Corp. stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-25-2024 | 117.992 |
| 09-23-2024 | 118.406 |
| 02-25-2025 | 127.251 |
Support Price where Targa Resources Corp. stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-19-2024 | 111.781 |
| 11-07-2024 | 105.180 |
| 03-27-2025 | 123.802 |
The commentary on TRGP stock: The target price can generally be said to be on the rise.
The commentary on TRGP stock: Fluctuations in the target price can be expected in the coming days.
The target price for Targa Resources Corp. stock by the end of 2024 is predicted to be 117.814 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on TRGP stock, and the 2024 target price predictions for Targa Resources Corp. are detailed above.
The technical analysis and charts for the commentary on TRGP stock are below.
TRGP Support & Resistance and Trend Analysis
TRGP stock you have reviewed the technical analysis support resistance charts regarding.
TRGP : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the TRGP review, the Targa Resources Corp. support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Targa Resources Corp. Support and Resistance Prices:
| TRGP Support Level Price | TRGP Resistance Level Price |
|---|---|
| 83.20 | 88.03 |
| 83.26 | 88.63 |
| 84.33 | 89.16 |
| 110.09 | 90.64 |
| 111.27 | 91.44 |
| 113.65 | 117.61 |
| 117.87 | |
| 118.12 | |
| 119.68 |
TRGP Technical Analysis: SMA, RSI, MACD
Upon reviewing the TRGP chart, buy and sell signals have been generated in the Targa Resources Corp. technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for TRGP stock are as follows:- The technical analysis for TRGP indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Targa Resources Corp. issued a 'Buy' signal when the MACD was at 0.855, with the current MACD value being: 0.964
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Targa Resources Corp. stock: Click here to read more predictions on Nippon Steel Corporation stock.
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