Targa Resources, Inc.

Stage 2 · Advancing · week 42

As of Oct 22, 2026, Targa Resources is in Stage 2, the uptrend phase, now in week 42 (since Dec 23, 2025). It closed at $289.54, 4.2% below its 52-week high and above its 200-day average, which is rising.

Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. More about the company

$289.54

-1.58% today

$62.1B · Large cap

Market Neutral — Building

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

—

Momentum

Steady

Edge

—

Setup-score rank among Stage 2 peers: #1 of 30 in Oil & Gas Midstream · #1 of 120 in Energy

Is TRGP early, or has it already run? Pro answers that for every US stock we cover, after every close.

Get Pro · $19 a month

Renews monthly until you cancel. Cancel any time in Plan & billing.

Loading price chart…

Stage Cycle Timeline2023-08-16 → 2026-10-22

S2 23w

S2 59w

S2 43w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 23w → S3 4w → S2 59w → S3 7w → S4 7w → S1 8w → S4 11w → S1 4w → S2 43w current

Total tracked: 165 weeks across 9 stage runs.

TRGP among Oil & Gas Midstream13th of 56 by relative strength

All 56 →

Stocks in Oil & Gas Midstream ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	INSWInternational Seaways, Inc.	Stage 2 · wk 65	98	+6.3%
2	TENTsakos Energy Navigation Ltd	Stage 2 · wk 9	97	+9.9%
3	FROFrontline Plc	Stage 2 · wk 38	97	+7.7%
4	NATNordic American Tankers Limited	Stage 2 · wk 16	97	−1.0%
5	NGLNGL ENERGY PARTNERS LP	Stage 3 · wk 2	97	−2.8%
6	PXSPyxis Tankers Inc.	Stage 2 · wk 11	97	+8.8%
7	DHTDHT Holdings, Inc.	Stage 2 · wk 17	96	+13.3%
8	BWLPBW LPG Limited	Stage 2 · wk 40	96	+1.8%
…13	TRGPTarga Resources, Inc.	Stage 2 · wk 42	94	+2.3%

vs 52W High

-4.2%

$148.19 lo$302.25 hi

4.2% below 52W high, pullback range

How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.

Stage Maturity

Week 42

1w13w26w

Week 42, mature

How long this stock has been in Stage 2. The sweet spot is mid-run: long enough to prove the structure holds, not so long that it's extended. Very fresh moves (weeks 1–4) often need more time to confirm.

vs 200 DMA

13.8%

200 DMA: $254.40 · rising

Long-term trend anchor. When the stock and the S&P 500 are both above their 200-day averages, the backdrop supports continuation.

Rel Volume

1.41x

vs 50-day avg

Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.

Trend Health

↗

Short-term trend rising gently

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

+2.3%

+3.4%

+21.9%

YTD

+57.3%

+95.3%

Scan Membership

Breakout Watch

Latest: 2024-02-20

10 appearances in last 60 days. First seen: 2018-10-16.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S2

Wk 42 · Vol 1.41x

2026-10-21S2

Wk 42 · Vol 0.82x

2026-10-20S2

Wk 42 · Vol 1.02x

2026-10-19S2

Wk 42 · Vol 1.00x

2026-10-16S2

Wk 41 · Vol 0.95x

2026-10-15S2

Wk 41 · Vol 0.98x

2026-10-14S2

Wk 41 · Vol 0.74x

2026-10-13S2

Wk 41 · Vol 0.55x

2026-10-12S2

Wk 41 · Vol 0.58x

2026-10-09S2

Wk 40 · Vol 0.65x

2026-10-08S2

Wk 40 · Vol 0.97x

2026-10-07S2

Wk 40 · Vol 0.97x

Moving averages & range

50 DMA

$287.79

200 DMA

$254.40

52W High

$302.25

52W Low

$148.19

5D Low

$289.54

Resistance levels (recent highs)

20d High

$294.90

60d High

$302.25

120d High

$302.25

250d High

$302.25

Next resistance

+1.9%

to 20d High

P/E (TTM)

27.7

Forward 23.9

Earnings Growth (YoY)

+23.3%

Revenue +4.2%

ROE

+70.8%

Profit margin +13.5%

Dividend Yield

1.69%

P/B 17.0

Targa Resources: quick answers

What stage is Targa Resources in?

As of Oct 22, 2026, Targa Resources (TRGP) is in Stage 2, the uptrend phase. It entered Stage 2 on Dec 23, 2025 and is in week 42. What the four stages mean

Is Targa Resources in an uptrend?

Yes. Targa Resources is in a Stage 2 uptrend. It trades 13.8% above its 200-day average, which is rising.

How far is Targa Resources from its 52-week high?

Targa Resources closed at $289.54 on Oct 22, 2026, 4.2% below its 52-week high of $302.25. Its 52-week low is $148.19.

How has Targa Resources performed over the past year?

As of Oct 22, 2026, Targa Resources is up 95.3% over the past year and up 57.3% so far in 2026.

Which sector and industry is Targa Resources in?

Targa Resources is in the Oil & Gas Midstream industry, part of the Energy sector.

About this companyEnergy· Oil & Gas Midstream

Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. The company also leased and owned railcars, tractors, vacuum trucks and pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.