Targa Resources (TRGP) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for TRGP · data as of Jun 25, 2026. The chart above is live; the read below updates daily.

$273.45last close · Jun 25, 2026

TRGP Bearish Pennant Pattern

No chart pattern is currently detected on TRGP. The most recent was a Bearish Pennant, detected Jun 12, 2026.

A Bearish Pennant is a breakdown that suggests the recent run may be rolling over. It projects a measured-move target near $239.17 (−11.3%). Across 11,004 backtested bearish pennants, the setup followed through 44.1% of the time, averaging +0.15R; TRGP's own bearish pennants have hit 25.0%.

DirectionBearishTarget$239.17Projected move−11.3%Breakout level$267.46

TRGP's open Symmetrical Triangle setup

TRGP is in an open Symmetrical Triangle setup — it broke down near $262.33, projecting a target near $239.17, with invalidation at $276.26.

How Bearish Pennants have performed

Win rate
44.1%
Avg return
+0.15R
Backtested trades
11,004
TRGP win rate
25.0%

Historical pattern statistics (1986-12-12 – 2026-06-12), not a prediction.

TRGP support and resistance levels

On the weekly chart, the nearest level worth watching is a ceiling overhead near $292.88 — where price has stalled before.

  • There's no clear floor close by yet, so this one line is the main thing to watch — a ceiling often acts like a lid.
  • Watch how price behaves as it approaches $292.88 — that's where the next read tends to form.

Nearest auto-detected resistance near $277.76. These are chart/swing-derived levels, not formula pivots.

Resistance
$277.76$279.10$303.13$316.69$418.75

TRGP recent daily prices

DateOpenHighLowClose
Jun 25, 2026$266.53$275.32$265.53$273.45
Jun 24, 2026$264.30$266.48$261.04$266.32
Jun 23, 2026$263.49$268.82$260.25$268.72
Jun 22, 2026$260.91$264.58$256.40$264.51
Jun 18, 2026$259.88$262.04$253.82$258.58
Jun 17, 2026$260.54$262.23$257.70$260.74
Jun 16, 2026$260.14$263.85$256.53$259.68
Jun 15, 2026$263.24$268.15$262.02$262.33
Jun 12, 2026$267.54$274.84$265.96$272.60
Jun 11, 2026$275.00$276.26$268.69$269.37

TRGP frequently asked questions

What chart pattern is TRGP forming right now?
No pattern is currently detected on TRGP. The most recent was a Bearish Pennant, detected Jun 12, 2026.
Is a Bearish Pennant bullish or bearish?
The Bearish Pennant detected on TRGP is a bearish pattern, projecting a measured-move target of $239.17. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Bearish Pennant pattern, and what is its win rate?
Across TradingPal's backtest of the Bearish Pennant family (11,004 trades over 516 symbols), it resolved in the expected direction 44.1% of the time with an average of +0.15R. These are historical statistics, not a prediction.
What are the support and resistance levels for TRGP?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), TRGP's nearest support is around n/a and nearest resistance around $277.76.
What is the price target if TRGP's pattern breaks out?
The detected Bearish Pennant has a geometry-based measured-move target of $239.17 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was TRGP's closing price on Jun 25, 2026?
Targa Resources (TRGP) last closed at $273.45 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.

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