⚠️ Uptrend Under Pressure Severe risk · 75 · Institutional selling is building — 5 distribution days in the last 25 sessions. · 5 distribution days Full briefing → Jun 06

$TRGP

Targa Resources, Inc.

Targa Resources, Inc. is a large-cap Gas Distributors company in the Utilities sector with a market cap of $57B.

Utilities Gas Distributors stock Stage 2 · Advancing Base 1 Data 25h 45m ago
$267.37 latest close
Price $267.37
52W High $280.00 -4.5%
52W Low $144.14
Wks Basing 2w
Base Depth -9.7%
Base B1
SMA 50 $252.88
SMA 200 $201.87
Avg Vol 1,172,621
RS Rank 64
RS vs High -10.5%
RS Slope +2.3% ▲
Grp Rank #11/57
ADR% 2.7%
ATR(14) $6.73 (2.5%)
Rel Vol 0.72×
Vol Pace N/A
U/D Vol 1.32
A/D Days 13A / 19D
A/D Rating E
VDU Bars 0/10 d
Power Trend 3d
Earnings 61d
$144.14
$280.00 91%

TRGP Chart

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Setup Quality C 3/7 signals
Jun 04: 83 (Flat Base)Jun 04: 83 (Flat Base)Jun 04: 83 (Flat Base)Jun 05: 72 (Trend Only)Jun 05: 73 (Trend Only)Jun 05: 73 (Trend Only)73 Score trend
✓ Stage 2 · Advancing ✗ Power Trend 3d ✗ RS New High ✓ Trend 8/8 ✗ No Pattern ✓ Gatekeeper Base #1 (A)

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Legend Scorecard 6 methodology checks
Council consensus: 🟡 4 of 6 legends are Watching — building, not yet a confirmed buy.
Watch
B 8/10
Ask →
Avoid
C 4/7
Ask →
Avoid
C 4/7
Ask →
Watch
B 3/4
Ask →
Watch
B 3/4
Ask →
Watch
B 3/4
Ask →
Breakout Health

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

🕯 Latest candle: Bullish Engulfing — Today's up candle fully engulfs yesterday's down candle — a classic bullish reversal, strongest after a pullback to support.

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
128RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net -1 E
A: 13 D: 14 Net: -165 sessions
Minervini · Grade Card
SEPA — Specific Entry Point Analysis · 5/7 criteria met
B 5/7 SEPA
EPS acceleration ≥25% QoQ -13%
Revenue growth ≥20% YoY +4%
Gross margin ≥30% 42%
ROE ≥17% 74%
RS rating ≥80 (price leadership) 99
Stage 2 uptrend (Weinstein) Stage 2
Within 25% of 52W high -4.5%

Pattern Analysis

73.3 score
RS Score 99
Trend 8/8
Why This Setup?

Minervini Trend Template

8/8
Price above SMA 150 & 200 $267.37 vs SMA150 $215.20 / SMA200 $201.87
SMA 150 above SMA 200 SMA150 $215.20 vs SMA200 $201.87
SMA 200 trending up Slope +9.89 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $252.88
Price above SMA 50 $267.37 vs SMA50 $252.88
30%+ above 52W low +85.5% from $144.14
Within 25% of 52W high -4.5% from $280.00
RS score above 70 RS 99

Fundamentals

52W Range
91%
Mkt Cap SEC
57.4B
EPS QoQ
-13%
Rev YoY
+4%
ROE
74%
Gross Margin
42%
D/E
5.68
EPS TTM
$8.49
P/E TTM
31.5x
Float
215M
Insider
No Buy

Company

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
3/8
W. RS
64
W. Support
$173.57
W. Resist
$280.00
Weekly Structure

Scan History

20× streak
Jun 04: 83 (Flat Base)Jun 04: 83 (Flat Base)Jun 04: 83 (Flat Base)Jun 05: 72 (Trend Only)Jun 05: 73 (Trend Only)Jun 05: 73 (Trend Only)73
Jun 05
Trend Only ✓ Gate
73
Jun 05
Trend Only ✓ Gate
73
Jun 05
Trend Only ✓ Gate
72
Jun 04
Flat Base ✓ Gate
83 0.0%
Jun 04
Flat Base ✓ Gate
83 0.0%
Jun 04
Flat Base ✓ Gate
83 0.0%

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