Targa ResourcesTRGP
Auto-detected technical analysis for TRGP · data as of Sep 4, 2026. The chart above is live; the read below updates daily.
TRGP is currently forming a triangle on the daily timeframe. Detected Sep 4, 2026.
A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $305.28 (+12.3%).
New to this pattern? What a triangle is and how to trade it →
TRGP's most recent completed triangle resolved as a loss: it broke down on Jul 1, 2026 near $258.93, then was stopped out at $275.58 on Jul 7, 2026 — a 6.4% move (-1.00R) over 3 sessions. Across 174,297 backtested triangles, this setup wins 40.8% of the time.
Every completed pattern trade our nightly backtest found on TRGP's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Triangle | Jul 1, 2026 @ $258.93 | Jul 7, 2026 @ $275.58 | Loss | +8.9% · -1.00R |
| Triangle | Jun 18, 2026 @ $254.05 | Jul 8, 2026 @ $277.84 | Loss | +8.9% · -1.07R |
| Rising wedge | Jun 16, 2026 @ $256.92 | Jul 8, 2026 @ $277.84 | Loss | +8.6% · -1.08R |
| Rising wedge | Apr 30, 2026 @ $255.21 | May 28, 2026 @ $266.19 | Win | +5.1% · +1.00R |
| Rising wedge | Apr 14, 2026 @ $233.90 | Apr 30, 2026 @ $253.87 | Loss | +4.2% · -1.00R |
| Rising wedge | Dec 9, 2025 @ $185.57 | Dec 17, 2025 @ $177.53 | Loss | +4.8% · -0.89R |
| Triangle | Sep 18, 2025 @ $169.46 | Oct 10, 2025 @ $159.50 | Loss | +9.1% · -1.39R |
| Triangle | Aug 1, 2025 @ $162.29 | Aug 8, 2025 @ $169.65 | Loss | +6.7% · -1.00R |
| Triangle | Jul 16, 2025 @ $165.64 | Oct 10, 2025 @ $152.75 | Win | +7.8% · +1.18R |
| Triangle | Feb 20, 2025 @ $200.05 | Apr 4, 2025 @ $164.04 | Win | +18.0% · +3.05R |
| Rising wedge | Nov 5, 2024 @ $175.42 | Dec 3, 2024 @ $195.54 | Win | +6.7% · +1.82R |
| Rising wedge | Nov 5, 2024 @ $177.27 | Dec 3, 2024 @ $195.54 | Win | +7.5% · +1.41R |
Historical examples from the published simulation. This selection is not a win-rate sample.
A chance to go short showed up on the weekly chart about 2 weeks ago: price ran up to $292.88 — a level traders often watch as a target (200% of the prior move) — and has since turned back below it, the kind of rejection a short plays for.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Sep 4, 2026 | $291.68 | $293.17 | $287.75 | $290.05 |
| Sep 3, 2026 | $293.97 | $296.69 | $291.21 | $293.54 |
| Sep 2, 2026 | $294.57 | $296.37 | $291.08 | $293.46 |
| Sep 1, 2026 | $299.48 | $299.48 | $292.40 | $296.06 |
| Aug 31, 2026 | $290.91 | $294.81 | $287.81 | $293.65 |
| Aug 28, 2026 | $289.69 | $290.39 | $287.49 | $287.82 |
| Aug 27, 2026 | $292.89 | $294.30 | $284.60 | $288.95 |
| Aug 26, 2026 | $284.26 | $295.01 | $284.00 | $294.03 |
| Aug 25, 2026 | $291.10 | $293.50 | $286.50 | $286.91 |
| Aug 24, 2026 | $296.20 | $297.98 | $291.08 | $294.26 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.