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Is TRGP ready to move lower? Fell Below 20 Day Moving Average shows up after sinking 3.85%

Targa Resources, Inc. (TRGP) — Nightly Technical Analysis · Jul 1, 2026, 17:46 ET
On Wednesday, July 1st, TRGP moved down 3.85% while volume was to 1.0× the usual levels. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross, Directional Movement Crossover Bearish & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 254.17, 250.53 & 243.3, with resistance at 265.04, 272.27 & 275.91.

Current SwingTradeBot Technical Rating of TRGP: A

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Targa Resources, Inc. (TRGP)