Watch · Quality 22/100
Simple research view
TRGP · Targa Resources, Inc.
$281.33 latest stored close
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 $60B.
Council read · 6 methods
Watch — evidence is building
0 buyable · 5 watch · 1 avoid. Review the observed passes and blockers before reading the chart.
Earnings-risk mode
Normal technical setup
Thursday, August 6, 2026
Time not confirmed
No sourced report session or clock time
Deterministic evidence
TRGP-1.49%
Sector proxy · XLU+0.22%
Broad market · SPY+0.10%
AI interpretation (optional)
Ask a Legend to interpret the evidence only after reviewing the deterministic event timing and relative reaction.
Interpret this evidence AI output is commentary, not scanner evidence or a sizing recommendation.TRGP Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Setup Quality
B+
5/7 signals
Score trend
✓
Stage 2 · Advancing
✓
Power Trend 14d
✗ RS New High
✓ Trend 8/8
✗
No Pattern
✓ CANSLIM 72.9 (B)
✓ Gatekeeper
Base #1 (A)
Technical Analysis Report Card
$TRGP · $281.33 · as of 2026-07-24 · multi-factor read
96
/ 100
Trend · Daily / Weekly / Monthly
Daily
▲ Uptrend
Weekly
▲ Uptrend
Monthly
▲ Uptrend
Moving Averages
50-day$270.05 ↑
100-day$256.94 ↑
200-day$219.90 ↑
Bullish (50 > 200)
RSI (14)
Reading57.4 · Bullish
Bullish momentum — comfortably in buyer territory.
MACD (12/26/9)
StateBullish
Histogram+0.490
Bullish — MACD above its signal line and above zero. Histogram contracting.
Bollinger Bands (20,2)
%B / Width68% · 11.8%
Mid-band — no directional band edge in play.
Volume · Buyer vs Seller
Up/Down vol0.5 · Distribution
Rel volume0.87×
Distribution — volume is concentrated on down days; sellers dominate. Recent volume is easing versus its baseline.
Support & Resistance
R · $291.0452-week high
Price · $281.33now
S · $254.71swing level
S · $241.86swing level
S · $230.83swing level
Fibonacci · Uptrend swing
23.6%$268.45
38.2%$254.48
50.0%$243.19
61.8%$231.90
78.6%$215.82
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 bullishVolume distribution
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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 B
Trend-template read: 9/12 pass; wait for the soft misses to improve.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $281.33, MA150 $237.89, MA200 $219.90
1.2 150-day MA > 200-day MAMA150 $237.89 vs MA200 $219.90
Failing evidence
2. Quarterly EPS growth ≥ 25%-12.6% QoQ
2. Revenue growth ≥ 20% YoY+4.0% YoY
Avoid
O'Neil D
CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
Passing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 90
A: Annual earnings & revenue qualityRev +4.0% | ROE 74.2%
Failing evidence
C: Quarterly EPS acceleration ≥ 25%-12.6% QoQ
S: Volume ≥ 40% above average on breakoutVolume ratio 0.87x
Watch
Weinstein B
Stage-analysis read: Stage 2 is present; 1 supporting checks need improvement.
Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $281.33 vs MA200 $219.90
Failing evidence
Volume expansion above averageVolume ratio 0.87x
Watch
Livermore B
Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$281.33
Relative strengthRS 90
Failing evidence
Volume vs average0.87x
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$281.33
Relative strengthRS 90
Failing evidence
Volume vs average0.87x
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$281.33
Relative strengthRS 90
Failing evidence
Volume vs average0.87x
Sign of Strength confirmed on expanding volume0.87x average volume — needs ≥1.4x
Breakout Health
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 +4
Fundamentals & leadership quality — Minervini SEPA criteria · 5/7 met
B
5/7 SEPA
Separate score from the 8-point 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
-13%
Revenue growth ≥20% YoY
+4%
Gross margin ≥30%
42%
ROE ≥17%
74%
RS rating ≥80 (leadership)
90
Stage 2 uptrend (Weinstein)
Stage 2
Within 25% of 52W high
-3.3%
Method Playbook
📋 Trade it like Weinstein
EXACT LEVELS · PRO
Weinstein 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 Stage 1 resistance and the rising 30-week moving average as the Stage 2 transition boundary.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Require a Stage 2 breakout above resistance on expanding volume; avoid entries while the 30-week average is flat or falling.
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 breakout structure or Stage 1 support where a return to the base invalidates the Stage 2 transition.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: Trail beneath rising 30-week support or later higher swing lows while Stage 2 remains intact.
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 on a decisive 30-week support failure or a Stage 3/Stage 4 transition; never treat a failed Stage 2 break as healthy consolidation.
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 (historical · 1d ago)
55.0
score
RS Score
90
Trend
8/8 ✓
CANSLIM
72.9* (B)
range low: 222.69
range high: 258.107
range pct: 0.159
sos thrust: 0.039
sos vol ratio: 1.905
sos bars ago: 17
near lps: ✗
validation reason: valid generic setup
multi tf evaluated: ✓
multi tf reason: weekly: MA stabilizing or rising — accumulation context supported
Why This Setup?
D+W Confluence
Wyckoff SOS
SOS: breakout above range_high=258.11, thrust=3.9%, vol=1.9x avg, lps=extended, 17 bars ago | Strong trend (8/8) | Top RS (90) | High-confidence pattern (70%) | Power Trend | Stage 2 | Readiness 64/100 (early) | CANSLIM 72.9 (B) | ⚠ Extended past buy zone; Not actionable yet
The Universal Edge Check
The panel is uneasy
Too many universals unmet — this leans closer to a guess than a trade.
2/7
universals met
- In a confirmed uptrend Stage 2 · Trend 8/8
- Risk is defined No stop — undefined risk
- Asymmetric reward No target set
- Not chasing (in range) Pivot distance unknown
- Volume confirms 0.9× average — light
- Clear of earnings in 9 days — size down
- A relative-strength leader RS 92
Minervini Trend Template
8/8Grades 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
$281.33 vs SMA150 $237.89 / SMA200 $219.90
SMA 150 above SMA 200
SMA150 $237.89 vs SMA200 $219.90
SMA 200 trending up
Slope +10.89 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $270.05
Price above SMA 50
$281.33 vs SMA50 $270.05
30%+ above 52W low
+95.2% from $144.14
Within 25% of 52W high
-3.3% from $291.04
RS score above 70
RS 90
Fundamentals
52W Range
93%
Mkt Cap SEC
60.4B
EPS QoQ
-13%
Rev YoY
+4%
ROE
74%
Gross Margin
42%
D/E
5.68
EPS TTM
$8.49
P/E TTM
33.1x
Float
215M
Insider
No Buy
Company
Legend AI snapshot
Targa Resources, Inc.
$281.33latest close
$60.4Bmarket cap
92RS rank
55setup score
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B
72.9* CANSLIM
* disqualified on C, M
C · Curr. EPS
36
A · Annual EPS
100
N · New Highs
100
S · Supply/Demand
55
L · Leader RS
90
I · Inst. Spons.
100
M · Market
30
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
8/8
W. RS
100
W. Support
$188.90
W. Resist
$291.04
W. Patterns
Base Breakout
Weekly Structure
Trend
Neutral
Tight Weeks
0
Confirmation
Neutral
Scan History
Jul 27
Wyckoff SOS
✓ Gate
55
Jul 24
Trend Only
✓ Gate
95
0.0%
Jul 24
Trend Only
✓ Gate
94
0.0%
Jul 23
Trend Only
✓ Gate
94
-1.5%
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