Stand aside — setup invalidated
Setup score 90, but distribution days reach 5 or more — stand aside until the condition resets.
Simple research view
TRGP · Targa Resources, Inc.
$291.91 +0.18% Sep 10 close
1 independent risk warning also present. Review before relying on the bullish setup.
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$TRGP
Targa Resources, Inc.Targa Resources, Inc. is a large-cap Gas Distributors company in the Utilities sector with a market cap of $63B.
⚠ Risk Signals
Head & Shoulders Top
Neckline ~306.25 has broken. Measured-move risk extends toward ~304.55; a fast reclaim of 306.25 would be a failed breakdown (often bullish).
Bearish structure on the daily chart — a heads-up for anyone holding, not a short signal. Does not affect the bullish setup score.
Verdict · setup score 90/100 · data Sep 10 close · 1 session old
Stand aside — setup invalidated
Setup score 90, but distribution days reach 5 or more — stand aside until the condition resets.
Earnings
Normal technical setup
No sourced report date
Event risk is not modelled for this symbol
Deterministic evidence
TRGP+0.18%
Broad market · SPY-0.60%
Session internals Mixed
Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.
Vs prior close+0.18%
From the open-1.66%
Range position34%
GapNo gap
QQQ confirmationDiverging (-1.06%)
SMH confirmationDiverging (-2.44%)
Short-term conviction -1 points.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
- QQQ, SMH moved against the stock — no index confirmation.
Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.
More stats
52W Low
$144.14
Tight Wks
0
Base
B1
SMA 200
$239.80
RS Line vs High
-2.8%
RS Line Slope
+12.3% ▲
Group Rank
#8/58
ADR%
2.5%
ATR(14)
$7.41 (2.5%)
Vol Pace (live)
N/A
U/D Vol
0.73
A/D Days
12A / 14D
A/D Rating
D
VDU Bars
0/10 d
Power Trend
17d
TRGP Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$TRGP · $291.91 · as of 2026-09-10 · multi-factor read
87
/ 100
Reference read from price & volume only — the verdict at the top of the page decides the action.
Trend · Daily / Weekly / Monthly
Daily
▲ Uptrend
Weekly
▲ Uptrend
Monthly
▲ Uptrend
Moving Averages
50-day$279.07 ↑
100-day$269.74 ↑
200-day$239.80 ↑
Bullish (50 > 200)
RSI (14)
Reading55.2 · Bullish
Bullish momentum — comfortably in buyer territory.
MACD (12/26/9)
StateWeakening
Histogram-0.637
Weakening — MACD slipped below its signal line. Histogram contracting.
Bollinger Bands (20,2)
%B / Width54% · 11.7%
Mid-band — no directional band edge in play.
Volume · Buyer vs Seller
Up/Down vol0.73 · Neutral
Rel volume0.74×
Balanced — up/down volume is roughly even; no clear hand. Recent volume is easing versus its baseline.
Support & Resistance
R · $299.48swing level
R · $307.9452-week high
Price · $291.91now
S · $284.00swing level
S · $255.13swing level
S · $241.86swing level
Fibonacci · Uptrend swing
23.6% ◄ price here$289.64
38.2%$278.31
50.0%$269.16
61.8%$260.01
78.6%$246.98
Retracement support zones measured from the recent swing low up to the high.
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Daily uptrendWeekly uptrendMonthly uptrendAbove 200-day MA50/200 bullishRS 81 (leader)
Want this read in a legend's voice?
Ask a Legend about TRGP
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts
6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
Council consensus:
5 of 6 legends are Watching — building, not yet a confirmed buy.
Watch
Minervini C
Trend-template read: 7/10 pass; wait for the soft misses to improve.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $291.91, MA150 $258.51, MA200 $239.80
1.2 150-day MA > 200-day MAMA150 $258.51 vs MA200 $239.80
Failing evidence
2. Quarterly EPS growth ≥ 25%From SEPA scan
2. ROE ≥ 17%From SEPA scan
Avoid
O'Neil D
CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
Passing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 81
N: Near 52-week high or RS line new high5.2% below high | RS line new high: False
Failing evidence
C: Quarterly EPS acceleration ≥ 25%Data unavailable
A: Annual earnings & revenue qualityRev +4.0%
Watch
Weinstein C
Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $291.91 vs MA200 $239.80
Failing evidence
Volume expansion above averageVolume ratio 0.74x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
Watch
Livermore B
Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$291.91
Relative strengthRS 81
Failing evidence
Volume vs average0.74x
Pivotal point cleared on expanding volumeNot confirmed
Watch
Darvas B
Box-theory read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$291.91
Relative strengthRS 81
Failing evidence
Volume vs average0.74x
Box top broken on heavy volumeNot confirmed
Watch
Wyckoff B
Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$291.91
Relative strengthRS 81
Failing evidence
Volume vs average0.74x
Sign of Strength confirmed on expanding volumePrice hasn't cleared the pivot yet — confirmation pending
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
▲ Rising
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net +3
Fundamentals & leadership quality — Minervini’s published criteria · 3/7 met
C
3/7 criteria
Separate score from the Minervini Trend Template (8/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
—
Revenue growth ≥20% YoY
+4%
Gross margin ≥30%
—
ROE ≥17%
—
RS rating ≥80 (leadership)
81
Stage 2 uptrend (Weinstein)
Stage 2
Within 25% of 52W high
-5.2%
Method Playbook
Trade it like Darvas
EXACT LEVELS · PRO
Darvas B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro levelPublished-method rule: Use the top of the active Darvas box near the high as the mechanical breakout boundary.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Require price to clear the box top with volume confirmation; movement inside the box remains observation, not a trigger.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Start below the active box support or the canonical structural stop that proves the breakout failed.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: As higher boxes form, raise the stop beneath the newest confirmed box floor; the stop moves up only.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro levelPublished-method rule: Exit when price breaks the active box floor or decisively falls back through the breakout structure.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →
Pattern Analysis
90
setup score
RS Score
81
Trend template
8/8 ✓
Why This Setup?
Trend Only · schematic
Gatekeeper 8/8 | Strong trend (8/8) | Top RS (81) | Power Trend | Stage 2
The Universal Edge Check · context only
What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.
1/7
universals met
- Risk is defined — not met No stop — undefined risk
- A relative-strength leader — partly met RS rank 76 — middling
- Asymmetric reward — partly met No target set
- Clear of earnings — partly met Report date unknown
- Not chasing (in range) — partly met Pivot distance unknown
- Volume confirms — partly met 0.7× average — light
- In a confirmed uptrend — met Stage 2 · Trend template 8/8
Minervini Trend Template
8/8 ✓Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
Price above SMA 150 & 200
$291.91 vs SMA150 $258.51 / SMA200 $239.80
SMA 150 above SMA 200
SMA150 $258.51 vs SMA200 $239.80
SMA 200 trending up
Slope +12.73 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $279.07
Price above SMA 50
$291.91 vs SMA50 $279.07
30%+ above 52-week low
+102.5% from $144.14
Within 25% of 52-week high
-5.2% from $307.94
RS score above 70
RS 81
Fundamentals
52W Range
90%
Mkt Cap SEC
62.6B
Rev YoY
+4%
EPS TTM
$8.49
P/E TTM
34.4x
Float
214M
Company
Company profile
Targa Resources, Inc.
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
8/8
W. RS
93
W. Support
$230.38
W. Resist
$307.94
Weekly Structure
Trend
Neutral
Tight Weeks
0
Confirmation
Neutral
Scan History
20× streakSep 11
Trend Only
✓ Gate
90
Sep 11
Trend Only
✓ Gate
90
Sep 11
Trend Only
✓ Gate
90
Sep 10
Cup & Handle
✓ Gate
50
0.0%
Sep 09
Cup & Handle
✓ Gate
50
+0.2%
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